Jobs and Careers
AI

Senior Underwriting Specialist, Political Risk Insurance

AIG
United Statesfull_timeVerifiedPosted 1 Aug 2024
💰 $110,000/yr

About the role

Senior Underwriting Specialist.

At AIG, we are reimagining the way we help customers to manage risk.  Join us as a Senior Underwriting Specialist to play your part in that transformation.  It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting with Political Risk insurance.

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact:

  • Underwriting and managing an existing book of Political Risk Insurance and developing and underwriting a pipeline of new business opportunities across the country.
  • Collaborating with peers in other regions and providing technical underwriting support on existing accounts in those regions, ensuring a consistent approach to market throughout the country.
  • Negotiating terms and conditions with brokers and clients, for both large and complex risks as well as middle market.
  • Communicating our value proposition with our brokers and clients and demonstrating our right to win.
  • Identifying future industry trends and understanding how they will impact ours and our client’s business and developing new strategies around those trends.
  • Communicating to internal stakeholders on the profitability of the portfolio.
  • Providing superior customer service to brokers and clients.
  • Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
  • Regular collaboration with AIG Distribution colleagues in identifying and closing political risk opportunities.
  • Participating in special underwriting projects as needed.

What you will need to succeed:

  • Experience (5+ years preferred) in the Political Risk Insurance market, including product features, forms, exigent risks.
  • Bachelor’s degree from a four-year college or university, focused on finance, business and/or international affairs/political science.  Master’s Degree preferred.
  • Advanced working knowledge of the Political Risk business in either an underwriting or broking environment.
  • Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
  • Ability to analyze policy wordings and understand manuscript forms.
  • Demonstrated knowledge of current market conditions, trends and the ability to leverage that knowledge to give us the right to win.
  • Relationships with tier 1 and 2 brokers and the ability to develop new relationships.
  • Demonstrated sales, marketing, and relationship-building experience.
  • Proficiency in Microsoft Office environment (including Outlook, Teams, Excel, PowerPoint).
  • Experience with Salesforce and a willingness to learn more.
  • Strong verbal and written communication skills.
  • Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline.
  • Willingness to travel 25% of the time.

For positions based in Colorado, the base salary range is $110,000 - 143,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.

#LI-AR1

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG,

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

AIG

View company profile →