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Underwriting Specialist, National Accounts, Foreign Casualty

Company: American International Group
Location: New York
Posted on: May 16, 2022

Job Description:

Who we are American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. Get to know the business General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. About the role This level underwriter typically handles accounts/clients that are most complex. Has a greater underwriting authority and handles larger accounts and/or more complex risks than the Senior Underwriter. The role will be responsible for underwriting Foreign Casualty products Develops and manages underwriting strategies for both renewals and prospects within his/her portfolio of accounts. This includes knowledge of the current market penetration of Retail Casualty products and the development of specific plans to increase portfolio share. Develops and implements negotiation strategies. Makes independent sales calls to market and cross-market products. Identifies target markets, designs and implements strategies for lead development and builds prospect lists. Provides technical direction to management, less senior specialists, producers, and claims adjusting personnel. Communicate risk appetite and Retail Casualty Value Proposition to brokers. Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers. Rapidly evaluate, prioritize and select submissions to be underwritten. Recognize and create cross sell opportunities for other Commercial products. Work with broker to understand the deal structure, terms, and AIG Services that best meets clients' needs. May review, evaluate and make recommendations to underwriting guidelines. May direct or conduct internal underwriting audits. Negotiate pricing, terms & conditions, and deal structure with brokers and clients. Participate in special underwriting projects as needed. Develop strong, long term relationships with brokers and clients to profitably grow a book of business. Will identify cross selling opportunities. Provide superior customer service to brokers and clients. TECHNICAL SKILLS & EXPERIENCE: Minimum 5 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 Retail 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. A look at our benefits (For U.S. and UK only) At AIG, we have a 100-year legacy of working to make the world a better place. And that begins with our employees. We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection, and wellbeing. We provide a variety of leaves for personal, health, family, and military needs. For example, the "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. We also believe in fostering our employees' development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress. We are an Equal Opportunity Employer American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis. AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG's COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG. Exemptions may be considered on a case-by-case basis in accordance with applicable law. Functional Area: UW - Underwriting Estimated Travel Percentage (%): Up to 25% Relocation Provided: No National Union Fire Insurance Co of Pittsburgh, PA

Keywords: American International Group, New York , Underwriting Specialist, National Accounts, Foreign Casualty, Other , New York, New York

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