Senior Executive Underwriter, Excess Casualty

IL-Chicago

Full time

JR2603253

Join us as a Senior Executive Underwriter, Excess Casualty to step up to a key team leadership role that will drive business growth.

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.

How you will create an impact

We are seeking a Senior Executive Underwriter to contribute to their industry leading Excess Casualty underwriting team. AIG’s strong foundation as the market leader in this area has evolved through its long-term commitment to the marketplace, investment in technology, commitment to industry knowledge sharing, underwriting creativity and emphasis on data and analytics. AIG prides itself as staying ahead of the curve and looking for forward thinking and inventive underwriters to navigate a constantly changing global, economic and geopolitical landscape.

In this role you will:

Perform highly technical and complex assignments within area of expertise.

Provide technical direction to management, less senior specialists, producers, and claims adjusting personnel.

Be responsible for underwriting NA Excess Casualty products.

Accept, decline, or modify new and renewal submissions submitted by brokers. Identify exposures and analysis required to underwrite an account, as well as the coverage policies, and determine the exposure to loss assumed and restricted by the insuring agreements and the exclusions.

Manage a book of business and may participate in the formulation of the budget relative to regional budget/goals.

Establish new business production goals and submission flow relative to the book of business.

Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers while soliciting customer/producer input for improving and enhancing service.

Develop and implement pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and NA Excess Casualty strategy.

May review, evaluate and recommend modifications to underwriting guidelines.

Participate in special underwriting projects as needed.

Develop strong, long-term relationships with brokers and clients to profitably grow a book of business.

Provide superior customer service to brokers and clients.

May draft manuscript endorsements that are particular to an underwriting exposure(s) for approval by legal.

May be responsible for assigning and managing the work of a team of underwriters while providing guidance.

What you’ll need to succeed:

Commercial Insurance Company, Agency or Brokerage experience.

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

Proven ability to build and maintain strong professional relationships.

Advanced working knowledge of lines of business NA Excess Casualty products including product features, forms, regulatory environments and risks, etc.

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.

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 solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

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.

Functional Area:

UW - Underwriting

Risk Specialists Companies Insurance Agency, Inc.

As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible.

We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

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