Western World has been providing commercial brokers with non-admitted insurance solutions for over a half century. Its experience in the contract bind property, casualty and garage segments, combined with the capabilities of Lexington Insurance, enhances AIG's ability to provide non-admitted solutions from Main Street to Wall Street.
How you will create an impact- Review and approve large submissions that fall beyond the authority of Western World underwriters.
- Prepare, coordinate and execute product line specific training for underwriters and support staff.
- Proactively identify new market opportunities and product offerings as well as support cross -sell opportunities for casualty product line.
- Monitor key metrics to ensure product profitability and manage the casualty portfolio to meet overall business objectives.
- Engage with Western World wholesalers to understand their needs and gather feedback for product innovation
- Develop and implement underwriting strategies and risk selection criteria for the casualty line of business.
- Assist in developing underwriting guidelines, appetite flyers and referral tools specific to casualty risks.
- Work closely with cross-functional teams, including Underwriting, Actuarial, Claims, Product Development, IT and Legal, to develop and launch new products.
- Support Underwriting staff with technical guidance on casualty coverage forms, endorsements, and exclusions.
- Speak for the casualty product line in internal meetings and external broker events and industry events.
- Communicate product positioning, benefits and competitive advantages and assist in developing marketing materials.
What you'll need to succeed- Broad based insurance industry experience with specialization in Casualty product
- Minimum of 10+ years of insurance operational management experience
- Knowledge of market segmentation, portfolio management, acquisition and distribution
- Process and system skills
- Advanced knowledge of reinsurance
- Strategic orientation, managing vision and purpose, developing organizational capability
- Strong influencing and communications skills and ability to work across multiple areas of company and industries
- Change and team leadership, as well as, external thought leadership
Ready to maximize your impact? We would love to hear from you.
For positions based in New Jersey, the base salary range is $130,000-$171,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply-your unique background matters to us. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.
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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 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.
Functional Area:
UW - Underwriting
Western World Insurance Company
