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Senior Underwriter, Primary Casualty

Company: American International Group
Location: Chicago
Posted on: November 26, 2022

Job Description:

About the roleThis level position underwrites assigned risks under general direction. - Has a greater underwriting authority and handles large accounts and/or more complex risks

  • The role will be responsible for underwriting Primary Casualty products
  • Communicate risk appetite and Retail Casualty 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 selling opportunities for other AIG General Insurance products.
  • Work with brokers to understand deal structures, terms, and AIG Services that best meets clients' needs.
  • 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.
  • Working with their manager, develop an individual business plan that is in line with product strategies.
  • Responsible for maintaining risk selection in adherence with product guidelines and for achieving rate, renewal retention and new business goals.
  • Provide mentoring and training to less experience underwriters
  • Provide superior customer service to brokers and clients.
  • Build and maintain strong brokerage relationship in the NYC Tri-state area.TECHNICAL SKILLS & EXPERIENCE:
    • 6+ years of Commercial Insurance Company, Agency or Brokerage experience.
    • Bachelor's degree from a four-year college or university.
    • Strong knowledge of loss sensitive and guaranteed cost business environment.
    • Strong business acumen and knowledge of middle and upper market brokers.
    • Proven ability to build and maintain strong professional relationships.
    • Advanced working knowledge of lines of business in a specific Retail Casualty line of business including product features, forms, regulatory environments and risks etc. (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty).
    • 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.
    • Comfort with analytical tools and technology.Compensation:For positions based in New York City, the base salary range is $82,000 - $110,000 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: AIG Benefits Overview.A look at our BenefitsWe're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 24 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.We are an Equal Opportunity Employer American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.To learn more please visit: AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. - If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to . - - Reasonable accommodations will be determined on a case-by-case basis.Functional Area:UW - UnderwritingEstimated Travel Percentage (%): No TravelRelocation Provided: NoNational Union Fire Insurance Co of Pittsburgh, PA

Keywords: American International Group, Chicago , Senior Underwriter, Primary Casualty, Other , Chicago, Illinois

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