Underwriting Specialist, WorldRisk, Foreign Casualty

Underwriting Specialist, WorldRisk, Foreign Casualty

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriting Specialist, WorldRisk, Foreign Casualty 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 Foreign Casualty

AIG is seeking an Underwriting Specialist to underwrite, analyze and price risks for the WorldRisk product.  WorldRisk is an industry leader in providing international insurance solutions to middle market and small commercial customers in the US.  AIG’s strong foundation as the market leader in this area has evolved through its long-term commitment to the multinational marketplace, investment in technology, commitment to industry knowledge sharing, underwriting creativity and emphasis on data and analytics.  AIG prides itself as staying ahead of the curve and is looking for forward thinking and inventive leaders to navigate a constantly changing global, economic and geopolitical landscape.  Area of focus will be AIG’s international package offering (also known as WorldRisk.)  In this role, you will be responsible for underwriting WorldRisk foreign package business for US domiciled insureds with foreign exposures. This includes soliciting new business opportunities, managing a renewal portfolio, and building key relationships. This role includes constant interaction with top brokers.  AIG’s client base consists of Fortune 2000 companies as well as any customer seeking solutions for international casualty exposures.  Through this role, underwriters gain access to a highly evolving and dynamic atmosphere that involves exposure to critical thinking and problem solving in the insurance and international business fields.

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

• You will be responsible for underwriting WorldRisk foreign package business under general supervision and develop technical underwriting skills within a collaborative group. It will be essential to build effective relationships with brokers and to deliver a high standard of customer service as an example for the team to follow.
• You will take ownership for achieving goals and outcomes. You will be tasked with mentoring colleagues and overseeing a range of programs and processes, in addition to handling complex underwriting.
• You will be responsible for assessing the desirability of risk to help drive the profitable growth of Foreign Casualty. This includes ability to exercise judgment, negotiate and make sound business decisions effectively based on delegated level of authority. You will work with management on risks exceeding authority levels or require special handling.
• You will identify risk exposures, special or common hazards, claims experience and appropriate controls to assess quality of risks.
• You will determine coverage, terms and conditions that meet the needs of the customer.
• You will adhere to guidelines and underwriting discipline to minimize exposure and adequately price risks.
• You will ensure underwriting files, service standards and compliance guidelines are adhered to on assigned accounts.
• You will appropriately balance changing priorities based upon underwriting needs and meeting deliverables within time constraints with a high volume of work.
• You will develop strong, long-term relationships with brokers and clients to profitably grow a book of business. 
• You will be visible internally and externally for assigned territory to drive production, foster broker and client relationships.
• You will play a key role in new business development, including attending broker events and building new relationships across the market.
• You will communicate WorldRisk risk appetite and value proposition articulately to brokers and clients
• You will provide superior customer service to brokers and clients. 
• You will keep abreast of market intelligence and marketplace developments in assigned territories to determine their effect on current accounts and potential new business opportunities. This knowledge will be shared with your peers and leadership team.
• You will participate in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts, maintain new business submission pipeline and cross selling opportunities from brokers.  
• You will update daily underwriting production log to track progress for yo