Senior Underwriter, Inland Marine

American International Group; Los Angeles (CA); On-site; USD 98,000 - 111,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter to join their dynamic team in Los Angeles. This role focuses on underwriting Inland Marine products, ensuring compliance, and building strong relationships with clients and brokers. You will play a vital role in evaluating submissions, delivering strategic account reviews, and contributing to the development of less experienced staff. With a commitment to fostering a culture of inclusion and professional growth, this company offers a supportive environment where your contributions are valued, and you can truly make an impact in the insurance industry.

Benefits

Comprehensive Benefits Package

Professional Development Opportunities

Flexible Work Arrangements

Diversity and Inclusion Programs

Qualifications

• 3+ years of experience in Commercial Insurance or Brokerage preferred.
• Detail-oriented with strong analytical and problem-solving skills.

Responsibilities

• Underwriting Inland Marine products and issuing quotes and policies.
• Building relationships with clients and brokers.
• Evaluating and prioritizing submissions for underwriting.

Skills

Inland Marine Insurance

Analytical Skills

Critical Thinking

Problem Solving

Strong Communication Skills

Financial Acumen

Negotiating Skills

Education

Bachelor's Degree

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us 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 and Multinational Clients. 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.

Position Summary :

The Senior Underwriter will contribute to the growth of the business by underwriting Inland Marine products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. Responsible for underwriting large accounts and building relationships with clients and brokers.

How you will create an impact

• Evaluating, prioritizing and selecting submissions to be underwritten
• Delivering strategic account reviews and preparing associated file documentation
• Adhering to underwriting guidelines and discipline
• Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects
• Assisting regional manager and product leaders in developing existing and establishing new broker relationships
• Collaborating with Distribution, Territory Managers, and other line(s) of business to target business development opportunities
• Working with management, brokers, clients, and other partners on deal structure, contract terms and conditions on a portfolio of more complex risks
• Representing AIG at client and broker functions
• Contributing to the development of less experienced staff
• Participating in special underwriting projects as needed
• Providing superior customer service to brokers and clients (internal & external)

What you'll need to succeed

• Understanding of Inland Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc. with a focus on Transportation and Logistic risks.
• Must be detail-oriented, possess analytical, critical thinking and problem solving skills, and be able to make decisions based on level of authority
• Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
• Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
• Financial acumen, appetite for learning about the industry, negotiating skills and a focus on writing profitable business
• Minimum 3 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred; Inland Marine experience preferred
• Bachelor's degree from a four-year college or university preferred

For positions based in New York City, the base salary range is $81,000.00 - $109,000.00. For positions based in Los Angeles, the base salary range is $98,000.00 - $111,000.00. For positions based in Chicago, the base salary range is $84,000 - $111,500. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here : US Benefits Overview.

LI-SR1 #InlandMarineUnderwriter #MarineUnderwriter #MarineInsurance #MarineUnderwriting

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 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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 [emailprotected] .

We consider qualified applicants with criminal histories, consistent with applicable law.

Functional Area : UW - Underwriting

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Senior Underwriter • Los Angeles, CA, United States