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Senior Executive Underwriter, Financial Institutions - Financial Lines

$140k - $170k

AIG

Join us as a Senior Executive Underwriter, Financial Institutions - Financial Lines to play a highly influential role in protecting our clients and growing our business. 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. How you will create an impact AIG has an exciting opportunity for a Senior Executive Underwriter on our Financial Institutions team. This level underwriter typically works with accounts/clients that are greater in scope and complexity. The role is expected to have increased involvement in the management, development and training of the staff and increased responsibility for the business results of the unit. This role may be responsible for managing a team of underwriters. Responsibilities include: Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority. Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast-paced environment characterized by ambiguity and change. Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy. Responsible for assigning and managing the work of a team of underwriters. Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments). Assist underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers. Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business. Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities. Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure for complex risks. Develop strong, long-term relationships with brokers and clients to profitably grow a book of business. Identify the need for and manage special underwriting projects as needed. Provide superior customer service to brokers and clients. What you'll need to succeed Minimum five (5) years of Financial Lines, Agency or Brokerage experience. Proven ability to build and maintain strong professional relationships. Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Fidelity) including product features, forms, regulatory environment and risks. Demonstrated sales, marketing, and relationship building experience. Very strong verbal and written communication skills. Ability to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions. Proficient with underwriting analytical tools and technology. For positions based in New York City, the base salary range is $140,000 – $170,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We offer a range of competitive benefits. AIG provides 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. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to View email address on click.appcast.io. #J-18808-Ljbffr aig

Vacancy posted 4 days ago
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