Senior Underwriting Assistant

American International Group, Inc.

Chicago (IL)

On-site

USD 59,000 - 63,000

Full time

13 days ago

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Benefits offered by this job

Competitive benefits
Bonus eligible
In-office in Chicago

Job summary

American International Group, Inc. in Chicago is seeking a Senior Underwriting Assistant to support underwriters by screening risk offerings and handling pre- and post-binding tasks.

The role also conducts research and problem-solving under supervision, with focus on the AIG Captives line. Responsibilities include assisting with renewals, endorsements, pricing initial risk, preparing filings, and acting as the broker's first point of contact.

Qualifications

  • Knowledge of commercial insurance policy forms and regulatory requirements.
  • 3+ years of commercial insurance experience.
  • Proficiency with Excel, Word and PowerPoint.

Responsibilities

  • Screen risk offerings and assist underwriters with pre- and post-binding processes.
  • Review submissions for information gaps and broker follow-up.
  • Support renewals, endorsements, and cancellations; assist with pricing and quotations.

Skills

Learning Agility
Client Servicing
Problem Solving
Attention to Detail
Leadership Skills
Prioritizing

Education

Bachelor's degree preferred or equivalent

Tools

Microsoft Office

Job description

Senior Underwriting Assistant### Senior Underwriting AssistantApply: IL-Chicago: Full time: Posted 9 Days Ago: JR2603592The Senior Underwriting Assistant is an individual contributor within the Underwriting Support Unit of the unit’s field operations. This role assists the underwriters by screening risk offerings and with pre and post-binding processes. The role also performs services including problem-solving or research projects requiring broad insurance and/or procedural knowledge and works under direct supervision. This role will work on our AIG Captives business line. In addition to the traditional UA duties, this role will: * Support regional UA Manager in overseeing all daily business activities and act as the first point of call for all UAs in the region* Review new submissions against prescribed criteria to determine if risk qualifies for LOB risk appetite. Triages submission for missing information and follows up with the broker for outstanding items.* Performs a comparison of renewal submission information against prior year information and documents differences for underwriting (i.e. – large exposure change, new entities or sold entities, change in operations, significant change in loss history, etc.).* Renewals - prior to policy expiration, reviews policies for manuscript endorsements and initiates the manuscript endorsement approval process on behalf of underwriting.* Issues policies, endorsements, and cancellations; prepares policy writing instructions and premium billings, and processes individual policy filings.* Completes loss rating and develops initial pricing, basic coverage structuring, quotation, and binder packages on behalf of the underwriter.* Possess an in-depth understanding of coverages and program structures, as well as internal policy coding systems to ensure account completeness.* Designated as the first point of contact for brokers.* Assists the underwriter in the preparation of business, and metric reports; assists in the review of procedures to resolve issues.* Trains and provides oversight of less experienced support staff.* Participates in projects as required.* Establish effective relationships with internal and external customers.* Performs quality control of all work returned from Shared Services (i.e. – manual rating, policies, endorsements, etc.).* Performs quality control of premium audit statements prior to underwriting review; documents discrepancies and work with the premium auditor for resolution.* Performs quality control of adjustments prior to underwriting review; documents discrepancies and works with CS adjustment team for resolution.* Attend broker or client meetings as requested by underwriting**Job Requirements:*** Knowledge of commercial insurance policy forms and regulatory requirements; Bachelor’s degree preferred or equivalent work experience.* 3+ years of commercial insurance experience.* Prioritizing – able to navigate and switch between multiple proprietary, vendor, web-based, and standard computer systems.* Microsoft Office – proficiency in Excel, Word, and Powerpoint* Learning Agility – willingness to learn from experiences and new situations.* Client Servicing – ability to anticipate client (internal and external) needs and act proactively.* Problem Solving – identify problems and solutions matched to the appropriate solutions.* Attention to Detail – demonstrate attention to detail to ensure accurate documentation is maintained.* Leadership Skills – ability to mentor peers in the teamFor positions based in Illinois, the base salary range is $59,000 - $63,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. . In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: 2026 Benefits Overview **Your actual compensation will be dependent on your skills, experience, and qualifications.** #LI-CY1At 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.
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