Senior Underwriter, Private Non-Profit, Financial Lines

Join us as an Senior Underwriter, Private Non-Profit, Financial Lines to play a highly influential role in protecting our clients and growing our business.

Make your mark in Underwriting

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

We have an exciting opportunity for an Senior Underwriter on our Private Non-Profit, Financial Lines team. This role underwrites Financial Lines Private Non-Profit Company products which are typically complex risks of larger accounts. Responsibilities include:

• Rapidly evaluate, prioritize and select submissions to be underwritten.

• Demonstrates advanced technical underwriting skills through strategic, thorough account reviews and file documentation.

• Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.

• Use all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.

• Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast-paced environment characterized by ambiguity and change. 

• Understands loss trends, loss triangles, and ratemaking.

• Assist with overseeing territorial books of business both through the use of various daily reports and constant monitoring of adherence to underwriting requirements and guidelines.

• Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.

• Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.

• Assist regional manager and product leaders in further developing existing broker relations as well as establish new relationships to attract business opportunities.

• Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure on a portfolio of mostly complex risks.

• Participate in special underwriting projects as needed.

• Provide training and assistance to less experienced underwriters to better enable them to execute on strategies.

• Represent AIG at client and broker functions without supervision as necessary/appropriate.

• Provide superior customer service to brokers and clients.

What you’ll need to succeed

• Minimum 5-7 years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.

• Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment, and risks etc.

• Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and prioritize and manage multiple concurrent projects.

• Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.

• Demonstrated sales, marketing, and relationship building experience.

• Very strong verbal and written communication skills.

• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.

• Comfort with analytical tools and technology.

Ready to take your career to the next level?  We would love to hear from you.

For positions based in New York City, the base salary range is $85,000 - $110,000. 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: US Benefits.

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At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office.