The Executive Underwriter will be responsible for underwriting the Workers’ Compensation, General Liability and Auto Liability primary Casualty product lines and typically manages accounts/clients that are most complex.
- 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 AIGRM 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 AIGRM 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.
- Collaborate with broker to understand the deal structure, terms, and AIG Services that best meets clients27 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.
What you27ll need to succeed
- 5+ years of Commercial Insurance Company, Agency, or Brokerage experience.
- Bachelor27s degree from a four-year college or university.
- Proven ability to build and maintain strong professional relationships.
- Advanced working knowledge of US Casualty lines of business (Workers27 Compensation, Auto Liability, and General Liability) including product features, forms, regulatory environments, and risks etc.
- Demonstrated sales, marketing, and relationship building experience.
- 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.
- Expert with underwriting analytical tools and technology.
For positions based in Illinois, the base salary range is $104,600-$127,600 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 apply27 your unique background matters to us. In addition, we27re proud to offer a range of competitive benefits, a summary of which can be viewed here: .
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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 matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what27s 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 security2D2Das well as your professional development2Dto bring peace of mind to you and your family.
UW - Underwriting
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