Executive Underwriter, Financial Lines

Company: American International Group
Location: Atlanta
Posted on: February 25, 2021

Job Description:

This level underwriter typically handles accounts/clients that are very complex. Has a greater underwriting authority and handles larger accounts and/or more complex risks than the Senior Underwriter.

• Rapidly evaluate, prioritize and select submissions to be underwritten.
• Demonstrates advanced technical underwriting skills through strategic, thorough account reviews and file documentation.
• Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.
• Use all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
• Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change.--
• Understands loss trends, loss triangles, and ratemaking.
• Assist with overseeing territorial books of business both through the use of various daily reports and constant monitoring of adherence to underwriting requirements and guidelines.
• Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
• Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
• Assist regional manager and product leaders in further developing existing broker relations as well as establish new relationships to attract 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 on a portfolio of mostly complex risks.
• Participate in special underwriting projects as needed.
• Provide training and assistance to less experienced underwriters to better enable them to execute on strategies.
• Represent AIG at client and broker functions without supervision as necessary/appropriate.
• Provide superior customer service to brokers and clients.TECHNICAL SKILLS & EXPERIENCE:
  • Minimum 5+ years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.
  • Bachelor's degree from a four-year college or university.
  • Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment and risks etc.
  • Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence and prioritize and manage multiple concurrent projects.
  • Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.
  • Demonstrated sales, marketing, and relationship building experience.
  • Very strong verbal and written communication skills.
  • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
  • Comfort with analytical tools and technology. 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. Functional Area: UW - UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: YesNational Union Fire Insurance Co of Pittsburgh, PA Full time JR2007404 About Us American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange. Join our Talent Network . Additional information about AIG can be found at www.aig.com --- YouTube - Twitter - LinkedIn . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.. AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com . All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

Keywords: American International Group, Atlanta , Executive Underwriter, Financial Lines, Accounting, Auditing , Atlanta, Georgia