Underwriter, Retail Property

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

Reporting to the Zonal Underwriting Manager or Underwriting Lead, this role underwrites Retail Property Products under general supervision, issuing quote and policies while ensuring standards and compliance guidelines are met. These individuals will analyze information and have the opportunity to connect with clients and brokers.

How you will create an impact

• Underwriting a specific line of business within Retail Property

• Evaluating, prioritizing, and selecting submissions to be underwritten.

• Identifying risk exposures, special or common hazards, claims experience and appropriate controls.

• Analyzing claims and quantifying losses.

• Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks.

• Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts.

• Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.

• Capturing market intelligence and broker feedback on accounts.

• Begin demonstrating technical expertise with product(s) in the Financial Lines portfolio.

• Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment.

• Demonstrating success in negotiation and building collaborative relationships.

• Multi-tasking, prioritizing and time management skills.

What you’ll need to succeed

• 1+ years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.

• Bachelor’s degree from a four-year college or university.

• Demonstrated sales, marketing, and relationship building experience.

• Working knowledge of Retail Property products is preferred.

• 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, especially regarding technical aspects.

• Comfort with financial statements, analytical tools and technology

For positions based in New York City, the base salary range is $68,000-$90,000 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.

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. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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