Senior Managing Underwriter
$80k - $100kAIG
Senior Underwriter - North America Fronting
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, North America Fronting to play your part in that transformation. 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.
This position is a Senior Underwriter for North America Fronting. Main focus will be the support and servicing of complex fronting accounts. They will support the Senior Team leader and assume account responsibilities under their direction.
Work closely with Captive Solutions Fronting Team and liaise with Product pillars to verify program structure and reinsurer details.
Work closely with the support teams (Legal, Actuarial, Credit & Collateral Management) to ensure fronting deals are in full compliance
Once bound, collect all necessary program (premium and claims) details and reinsurance documentation
Work with Associate Underwriter to ensure booking and coding on accounts are completed
Ensure cash collections and onward transfers to captives/reinsurers are prompt and in line with bookings
Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; Prepare for and help respond to all captive audits.
3+ yrs relevant experience, preferably within the insurance industry.
Proactive, highly motivated, well-organized, self-sufficient, and able to demonstrate the ability to work productively under minimum supervision
Excellent time management skills with ability to work with deadlines and be responsive and flexible to client needs and changes in program requirements
Highly motivated and results-oriented, proven creative problem solver.
Computer literacy required: Microsoft IT packages preferred – MS Outlook, Teams, Excel, Word, etc.
For positions based in Boston the base salary range for this position is $80,000-$100,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. For positions based in New York the base salary range for this position is $80,000-$100,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. 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.
At AIG, our people are our greatest asset. 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 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.
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