American International Group

Executive Underwriter, AIGRM

American International Group$104K — $127K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in Commercial Insurance, Agency, or Brokerage.
  • Bachelor's degree from a four-year college or university.
  • Strong relationship building and maintenance skills.
  • In-depth knowledge of US Casualty lines, including Workers' Compensation, Auto Liability, and General Liability.
  • Demonstrated background in sales, marketing, and client relationship management.
  • Excellent verbal and written communication skills.
  • Results-oriented with a high level of motivation.
  • Ability to thrive in a fast-paced, changing environment and collaborate across teams.
  • Proficient with underwriting analytical tools and technologies.

Responsibilities

  • Develop and manage underwriting strategies for complex account portfolios.
  • Implement negotiation strategies and conduct independent sales outreach.
  • Provide technical direction to team members and brokers on risk appetite.
  • Collaborate with various departments to identify and pursue cross-selling opportunities.
  • Evaluate and prioritize submissions for underwriting consideration.
  • Create cross-selling opportunities for other Commercial products.
  • Engage with brokers to align deal structures and terms with client needs.
  • Review and recommend changes to underwriting guidelines as necessary.
  • Conduct internal underwriting audits and oversee special projects.

Benefits

  • Comprehensive benefits package focusing on health, wellbeing, and financial security.
  • Support for professional development and continuous learning.
  • Encouragement of in-person collaboration for a connected work environment.
  • Participation in a Total Rewards Program for peace of mind and family support.
Full Job Description

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: .


#LI-RG1

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.

Functional Area:

UW - Underwriting

National Union Fire Insurance Company of Pittsburgh, Pa.

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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