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Regional Production Specialist, Multinational, Retail Property

AIG
New York City, United Statesfull_timeVerifiedPosted 18 Nov 2024
💰 $140,000/yr($120,400/yr$140,000/yr)

About the role

At AIG, we are reimagining the way we help customers to manage risk. Join us 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

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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

  • The role will, this role will be primarily responsible to execute the Multinational strategy for Retail Property
  • Develop, implement and execute the multinational offering within Retail Property GI in respective territory(ies).
  • Responsible for marketing global property business through Retail brokers predominantly in our South and West Coast Regions.
  • Develops and manages underwriting strategies for both renewals and prospects within his/her portfolio of accounts. This includes knowledge of the current market penetration of Multinational Retail Property products and the development of specific plans to increase portfolio share. 
  • Develops and implements negotiation strategies.  Makes independent sales calls to market and cross-market products.  Identifies target markets, designs and implements strategies for lead development and builds prospect lists.  
  • Provides technical direction to management, less senior specialists, underwriters, producers, and claims adjusting personnel. 
  • Communicate risk appetite and Retail Property Value Proposition to brokers. 
  • Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.  
  • Rapidly evaluate, prioritize, and select submissions to be underwritten.  
  • Recognize and create cross sell opportunities for other Commercial products.  
  • Work with broker to understand the deal structure, terms, and AIG Services that best meets clients’ needs. 
  • May review, evaluate and make recommendations to underwriting guidelines. 
  • May direct or conduct internal underwriting audits. 
  • Negotiate pricing, terms & conditions, and deal structure with brokers and clients.  
  • Participate in special underwriting projects as needed. 
  • Develop strong, long term relationships with brokers and clients to profitably grow a book of business. 
  • Will identify cross selling opportunities. 

What you’ll need to succeed

  • Minimum 5 years of Property underwriting and/or Multinational experience. 
  • Bachelor’s degree from a four-year college or university. 
  • Proven ability to build and maintain strong professional relationships.  
  • Advanced working knowledge of the Retail Property lines of business including product features, forms, regulatory environments, and risks etc.  
  • Demonstrated sales, marketing, and relationship building experience. 
  • Very strong verbal and written communication skills. 
  • Highly motivated and results-oriented. 
  • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions. 
  • Willingness to be flexible, learn on the job, and maintain a can-do attitude.  
  • Expert with underwriting analytical tools and technology. 

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

For positions based in New York City the base salary range is $120,400 - $140,000 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: Benefits Overview.

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 o

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Company

AIG

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