Senior Underwriter, Fronting/Group Captives

American International Group; Chicago (IL); On-site; USD 100,000 - 130,000; Full time

Job summary

American International Group (AIG) seeks a Senior Underwriter for Fronting/Group Captives in Chicago. You will onboard new opportunities, manage multiple Group Captive accounts, and maintain underwriting files with self-audits while communicating risk appetite to brokers.

You will collaborate with Associate Underwriters to ensure bookings, support client calls, and strengthen broker relationships. A 5-year track record in insurance underwriting is preferred and a strong sales/communication skill

Qualifications

• 5 years of relevant professional experience in underwriting or insurance.
• Bachelor’s degree from a four-year college or university preferred.
• Proven ability to build and maintain strong professional relationships.
• Demonstrated sales, marketing and relationship-building experience.
• Excellent verbal and written communications skills.

Responsibilities

• Onboard new business opportunities.
• Handle up to 2 medium-sized Group Captive accounts.
• Maintain clear underwriting files and perform self-audits for other underwriters.
• Communicate risk appetite/Captive Solutions Value Proposition to brokers.
• Work with Associate Underwriter(s) to ensure booking and coding on accounts are completed.
• Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership.
• Participate in client (internal/external) conference calls.
• Develop and maintain professional relationships with the Producers and Captive Intermediaries.

Skills

Relationship building

Communication skills

Sales experience

Underwriting experience

Education

Bachelor's degree

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, Fronting/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 Group Captive UnderwritingAIG 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 impactOnboard new business opportunities.Handle up to 2 medium-sized Group Captive accounts.Maintain clear and concise underwriting files and perform self-audits for other underwriters.Communicate risk appetite/Captive Solutions Value Proposition to brokers.Work with Associate Underwriter(s) to ensure booking and coding on accounts are completed.Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership.Participate in client (internal/external) conference calls.Develop and maintain professional relationships with the Producers and Captive Intermediaries.What you’ll need to succeed5 years of relevant professional experience; Prior insurance experience required.Bachelor’s degree from a four-year college or university 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 quickly deliver solutions.Willingness to be flexible, learn on the job, and maintain a can-do-attitude.For positions based in New York, the base salary range is $105,000-$135,000. For positions based in Chicago, the base salary range is $100,000-$130,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.#LI-AIG #GroupCaptivesUnderwritingAt 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 mattersAt 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 worldAmerican 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 inclusionWe’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 [e-mail] Area:UW - UnderwritingNational Union Fire Insurance Company of Pittsburgh, Pa.