Executive Underwriter, Primary Casualty

AIG; New York (NY); On-site; USD 132,000 - 165,000; Full time

Job summary

An established industry player is seeking an Executive Underwriter for Primary Casualty to drive innovative insurance solutions. This role offers a unique opportunity to leverage your extensive commercial insurance experience while managing a team and collaborating with brokers. You will play a crucial role in decision-making, underwriting practices, and relationship management, all within a dynamic and rapidly changing environment. Join a company that prioritizes your professional growth and well-being, and be part of a transformative journey in the insurance sector. If you're passionate about making a difference and ready to embrace new challenges, this position is for you.

Benefits

Comprehensive Benefits Package

Professional Development Opportunities

Flexible Work Environment

Employee Resource Groups

Qualifications

• 7+ years of experience in commercial insurance, agency, or brokerage.
• Strong ability to build and maintain professional relationships.

Responsibilities

• Manage a team of underwriters and support strategic initiatives.
• Develop strong relationships with brokers and clients.

Skills

Commercial Insurance Experience

Relationship Building

Verbal Communication

Written Communication

Analytical Skills

Negotiation

Sales and Marketing

Flexibility and Adaptability

Education

Bachelor’s Degree

Tools

Underwriting Analytical Tools

Job description

Executive Underwriter, Primary Casualty

Executive Underwriter, Primary Casualty

Apply locations NY-New York time type Full time posted on Posted 4 Days Ago job requisition id JR2501378

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Executive Underwriter, Primary Casualty 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 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

• 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 7+ years of 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 the NA Casualty lines of business including product features, forms, regulatory environments and risks etc. (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty)
• 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.
• Expert with underwriting analytical tools and technology.

For positions based in New York City, NY, the base salary range is $132,000-$165,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.

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.

Welcome to a culture of belonging

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 inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion.

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 [e-mail].

Functional Area: UW - Underwriting

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