Regional Production Specialist- Lexington Property

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

Lexington Insurance Company is the leading U.S.-based surplus lines insurer. For over 50 years, we have provided flexible solutions to companies and organizations of all sizes – from Fortune 100 corporations to small and middle market entities. Lexington is renowned for its ability to help brokers find solutions to the most challenging insurance needs of their clients. Drawing on our entrepreneurial spirit, our employees are encouraged each day to rise to challenges and embrace opportunities to make a difference.

Lexington Insurance is headquartered in Boston, Massachusetts.

About the role

The Regional Production Specialist must be able to illustrate the highest levels of technical proficiency and underwriting acumen combined with marketing and sales skills to meet production underwriting goals while maintaining budgeted loss and expense ratios. Candidates are expected to work effectively in a team environment to develop broker and portfolio strategies in addition to working independently to manage a profitable book of new and renewal business. The Head of Property for the Zone will rely heavily on this position to assist in guiding, mentoring and training more junior members of the team, as well as to assist in planning and budgeting, collaboration across AIG divisions and building a culture of diversity and inclusion across the team.

What you need to know:

• The candidate must have the ability to underwrite property risks across the spectrum of E&S Property business while helping to set direction for your team and maintaining a balanced portfolio across both primary and excess placements.

• Position requires ability to underwrite 100%, primary/shared and layered, and excess structures.

• A strong understanding of current market conditions, ability to quickly make decisions and turn around quotes and manage multiple prospects at one time are essential.

• As a member of the senior leadership within Lexington, take on responsibilities beyond everyday management and underwriting, including mentoring, collaboration within the Zone across business divisions and driving a diverse and inclusive culture.

• Must be able to work with regional Property leadership peers in order to continue to build a nationally renowned team and culture for Lexington

• Underwrite risks to maintain and profitably grow our E&S portfolio across our desired business segments.

• Collaborate with colleagues internally and be reliably visible to our wholesale trading partners.

• Review and negotiate manuscript form wordings and coverages.

• Act as a senior mentor to train and guide other members of the team within the Zone

What we’re looking for:

• An Insurance professional with a minimum 5+ years' experience in Commercial Property E&S underwriting.

• The candidate must have the ability to underwrite property risks across the spectrum of E&S Property business while helping to set direction for your team and maintaining a balanced portfolio across both primary and excess placements.

• Position requires ability to underwrite 100%, primary/shared and layered, and excess structures.

• A strong understanding of current market conditions, ability to quickly make decisions and turn around quotes and manage multiple prospects at one time are essential.

• As a member of the senior leadership within Lexington, take on responsibilities beyond everyday management and underwriting, including mentoring, collaboration within the Zone across business divisions and driving a diverse and inclusive culture.

• Must be able to work with regional Property leadership peers in order to continue to build a nationally renowned team and culture for Lexington.

For positions based in New York City, the base salary range is $90,000-$120,400 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: