American International Group

Head of Corporate Accounts, Professional Liability/Cyber, Financial Lines

American International Group$225K — $280K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of underwriting experience in Professional Liability/Cyber.
  • Demonstrated success in product sales and client acquisition.
  • Strong leadership abilities with a focus on developing junior staff.
  • Expertise in financial statement analysis.
  • Exceptional communication and networking skills.
  • Proficient in organization and time management.
  • Goal-oriented with a customer and sales-centric mindset.

Responsibilities

  • Monitor product performance and focus on growing the PL/Cyber portfolio.
  • Manage the new business pipeline with national CAP team inputs.
  • Implement underwriting best practices for rating and profitability.
  • Drive growth through effective risk assessment and management strategies.
  • Collaborate with Product Heads for opportunistic growth strategies.
  • Engage in early underwriting reviews for key segments.
  • Ensure accuracy and timeliness of data for underwriting processes.

Benefits

  • Comprehensive health and wellbeing benefits.
  • Professional development opportunities.
  • Support for financial security measures.
  • Encouragement of work-life balance.
  • Collaborative work environment with in-person teamwork.
Full Job Description

Join us as Head of Corporate Accounts, Professional Liability/Cyber, Financial Lines to play a key leadership role that will drive business growth.


About the role
The Business Segment Leader, Professional Liability/Cyber Corporate Accounts, Financial Lines will be based in New York and report to the North America Head of Professional Liability/Cyber, Financial Lines. This role will support the development and execution of the strategies for the Corporate Accounts Practice (CAP’) PL/Cyber portfolio across the country. This role will manage a portfolio size of $140mm and lead a team of 47 underwriters including managers.


How you will create an impact:

  • Monitor the performance of all products in the P&L with an emphasis on growing the PL/Cyber portfolio
  • Manages the new business pipeline by holding standing new business target meetings for the national CAP team. Helps regional teams prioritize targets with the highest opportunity to bind and assist underwriters in getting deals across the finish line
  • Drive consistent underwriting best practices and procedures, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy
  • Deliver profitable growth through effective risk selection; execute on rate, coverage and limits management strategies; drive targeted correction or remediation strategies as needed
  • Collaborate with Product Head(s) to develop and execute opportunistic growth strategies for high margin product lines
  • Engage in the execution of regional underwriting reviews of renewals in key segments at least 90-120 days in advance of effective date
  • Promote and enforce the accuracy and timeliness of data utilized by Underwriters
  • Serve as key referral point for field underwriting staff within stated authority; apply knowledge of market and industry to provide guidance on complex risks, exposures, and decisions
  • Ensure the proper execution of underwriting guidelines and practices across the product line
  • Support regional field underwriting staff through training and development
  • Promote the product line by delivering consistent messages to key broker partners and clients
  • External Visibility:
    • Attending conferences and broker events to position AIG as the leading market in PL/Cyber
    • In person leadership and marketing visits for each CAP region, where and when appropriate
  • Promoting a healthy risk culture through staff meetings, training, and promotion of regular risk reporting
  • Work collaboratively with all Financial Lines Product Heads, Regional Executives, the Chief Underwriting Office and Actuarial, Legal and Claims departments
  • Foster a culture that promotes collaboration, innovation, diversity, equity and inclusion
  • Serve as role model to all colleagues, leading by example as a senior member of the team and well-recognized brand
  • Will be directly responsible for the leadership and management of a team of Regional Underwriting Managers.

What you’ll need to succeed

  • Proven underwriting experience in Professional Liability / Cyber and a successful record of selling products to clients.
  • Deep technical expertise.
  • Proven people management skills and a record of developing more junior colleagues.
  • The ability to analyze financial statements.
  • Strong communication, networking and relationship building skills.
  • Good organizational and time management skills.
  • Customer and sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Ready to take your career to the next level?  We would love to hear from you.


The base salary range is $225,000-$280,000, 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. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: .


#LI-AIG

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 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

Risk Specialists Companies Insurance Agency, Inc.

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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