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Executive Underwriter, Group Captives

AIG

Chicago (IL)

On-site

USD 104,000 - 128,000

Full time

Today
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Job summary

AIG is seeking an Executive Underwriter for Group Captives in Chicago, where you'll manage Group Captive programs, underwrite various casualty products, and collaborate across teams. This role requires at least 3 years of insurance experience and offers a competitive salary and bonus structure, emphasizing professional growth and contribution to team success.

Benefits

Total Rewards Program
Professional Development Opportunities
Comprehensive Health Benefits

Qualifications

  • 3+ years of relevant professional experience required.
  • Prior insurance experience required.
  • Bachelor’s degree preferred.

Responsibilities

  • Underwrite Workers’ Compensation, General Liability, and Auto Liability products.
  • Collaborate with internal partners including actuarial and finance.
  • Maintain underwriting files and perform self-audits.

Skills

Relationship Building
Sales
Marketing
Communication
Adaptability

Education

Bachelor’s degree
CPCU, ARM, ARe, or other insurance designation

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Executive Underwriter, Group Captives 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 Captive 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:

  • Handles 1 large Group Captive or 2 mid-sized Group Captive programs
  • Underwrite Workers’ Compensation, General Liability, and Auto Liability Casualty product lines and onboard new member business opportunities
  • Collaborate with internal partners including actuarial, finance, operations, claims, credit, and legal
  • Maintain clear and concise underwriting files and perform self-audits for other Group Captive underwriters
  • Communicate risk appetite and Captive Solutions Value Proposition to captive intermediaries and brokers
  • Work with Associate Underwriter, Operations, and Finance to ensure accurate booking and coding on accounts are completed on a timely basis
  • Resolve account-related inquiries from internal peers and/or Clients/Brokers that are within scope; or escalate to leadership
  • Participate in client (internal/external) conference calls and captive meetings
  • Develop and maintain professional relationships with the Producers and Captive Intermediaries

What you'll need to succeed:

  • 3+ years of relevant professional experience; prior insurance experience required
  • Bachelor’s degree from a four-year college or university, preferred
  • CPCU, ARM, ARe, or other insurance designation preferred
  • Proven ability to build and maintain strong professional relationships
  • Demonstrated sales, marketing and relationship building experience
  • Excellent verbal and written communications skills
  • Highly motivated and results oriented
  • Ability to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to meet time-sensitive deliverables.
  • Willingness to be flexible, learn on the job, and maintain AIG culture.

Ready to take your career to the next level? We would love to hear from you.

For positions based in NYC, the base salary range is $93,000-$130,000 and for positions based in Illinois, the base salary range is $104,600-127,600 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: 2025 Benefits Summary

#LI-HB1

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 candidatecare@aig.com .

Functional Area:

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Executive Underwriter, Group Captives 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 Captive 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:

  • Handles 1 large Group Captive or 2 mid-sized Group Captive programs
  • Underwrite Workers’ Compensation, General Liability, and Auto Liability Casualty product lines and onboard new member business opportunities
  • Collaborate with internal partners including actuarial, finance, operations, claims, credit, and legal
  • Maintain clear and concise underwriting files and perform self-audits for other Group Captive underwriters
  • Communicate risk appetite and Captive Solutions Value Proposition to captive intermediaries and brokers
  • Work with Associate Underwriter, Operations, and Finance to ensure accurate booking and coding on accounts are completed on a timely basis
  • Resolve account-related inquiries from internal peers and/or Clients/Brokers that are within scope; or escalate to leadership
  • Participate in client (internal/external) conference calls and captive meetings
  • Develop and maintain professional relationships with the Producers and Captive Intermediaries

What you'll need to succeed:

  • 3+ years of relevant professional experience; prior insurance experience required
  • Bachelor’s degree from a four-year college or university, preferred
  • CPCU, ARM, ARe, or other insurance designation preferred
  • Proven ability to build and maintain strong professional relationships
  • Demonstrated sales, marketing and relationship building experience
  • Excellent verbal and written communications skills
  • Highly motivated and results oriented
  • Ability to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to meet time-sensitive deliverables.
  • Willingness to be flexible, learn on the job, and maintain AIG culture.

Ready to take your career to the next level? We would love to hear from you.

For positions based in NYC, the base salary range is $93,000-$130,000 and for positions based in Illinois, the base salary range is $104,600-127,600 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: 2025 Benefits Summary

#LI-HB1

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 candidatecare@aig.com .

Functional Area:

UW - UnderwritingNational Union Fire Insurance Company of Pittsburgh, Pa.

About the company

We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report . NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.

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