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Senior Production Specialist - Property Underwriting

Company: American International Group
Location: Chicago
Posted on: January 17, 2020

Job Description:

Functional Area:UW - Underwriting Estimated Travel Percentage (%): Up to 25% Relocation Provided: No RISK SPECIALISTS COMPANIES INSURANCE AGENCY INC Your Future Team AIG is strengthening leadership position in the E & S market. We aspire to be the best in the industry for all of our product and services; driving an end-to-end business that delivers exceptional outcomes for our brokers and clients. We are the home of specialized underwriters, addressing the most challenging risks in the market, providing thought leadership and innovative solutions, supported by Claims and Operational expertise, all working together to solve our clients needs as quickly as possible. Your contribution at AIG As an influencer at AIG, people come to you as a go-to source for help and support because of your deep knowledge and expertise with property risks. As a more experienced team member, you are capable of driving continual improvement and impacting the way that things get done. Because of your influence, whether direct or indirect, we are able to deliver powerful outcomes for our clients. AIG has an opportunity for a Senior Underwriting Specialist in Risk Specialist Companies on behalf of Lexington Wholesale Property E & S division in the Midwest territory. The position is based in Chicago with some travel required. As Lexington builds out Wholesale E & S to the field there is a lot of potential for new business growth and being visible in the market. A Senior Underwriting Specialist must be able to illustrate sufficient technical analysis and underwriting acumen combined with marketing and sales skills to meet production underwriting goals: i.e. achieve growth targets and maintain 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 key responsibilities of this position are as follows: - Collaborate with Distribution partners at AIG to be visible on a weekly basis with our Wholesale partners. - Plan, portfolio manage and technically evaluate risks to help achieve Middle Market and Excess growth to the E & S book. - Review and negotiate manuscript form wordings and coverages. - Building and execute on a personal strategy for P & L management on a book of business along with sharing best in class strategies with the RSC/Lexington team across the US. This includes setting up a broker plans, driving in submissions that fit our appetite and being strategic on poor performing accounts. What we are looking for - An Insurance professional with a minimum 3-6 years' experience in Commercial Property/E & S. - The candidate must have the ability to underwrite a variety of property risks including but not limited to Healthcare, Real Estate, Manufacturing and Retail. - 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. - Proficient working knowledge of Microsoft word, Excel and Outlook required. It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. 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. 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.

Keywords: American International Group, Chicago , Senior Production Specialist - Property Underwriting, Professions , Chicago, Illinois

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