Senior Underwriter, Hull and Marine Liability

Senior Underwriter

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 and Multinational Clients. 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.

Position Summary: The Senior Underwriter will contribute to the growth of the business by underwriting Marine Liability products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. Responsible for underwriting large accounts and building relationships with clients and brokers.

How You Will Create An Impact

• Evaluating, prioritizing and selecting submissions to be underwritten
• Delivering strategic account reviews and preparing associated file documentation
• Adhering to underwriting guidelines and discipline
• Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects
• Assisting regional manager and product leaders in developing existing and establishing new broker relationships
• Collaborating with Distribution, Territory Managers, and other lines of business to target business development opportunities
• Working with management, brokers, clients, and outside counsel on deal structure, contract terms and conditions on a portfolio of more complex risks
• Representing AIG at client and broker functions
• Contributing to the development of less experienced staff
• Participating in special underwriting projects as needed
• Providing superior customer service to brokers and clients (internal & external)

What You'll Need To Succeed

• Understanding of Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc. with a focus on marine liability risks.
• Must be detail-oriented, possess analytical, critical thinking and problem solving skills, and be able to make decisions based on level of authority
• Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
• Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
• Financial acumen, appetite for learning about the industry, negotiating skills and a focus on writing profitable business
• Minimum 2 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred; Marine liability experience preferred

For positions based in San Francisco, CA, the base salary range is $85,000-$95,000 and for positions based in Illinois, the base salary range is $84,000-$96,000 and for positions based in NYC, the base salary range is $81,000-95,000 and for positions based in Seattle, WA, the base salary range is $73,900-$95,400 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: US Benefits Overview