National Product Line Manager - Lexington A&E

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

Lexington Insurance Company is the leading U.S.-based surplus lines insurer. For over 50 years, we have provided flexible solutions to companies and organizations of all sizes – from Fortune 100 corporations to small and middle market entities. Lexington is renowned for its ability to help brokers find solutions to the most challenging insurance needs of their clients. Drawing on our entrepreneurial spirit, our employees are encouraged each day to rise to challenges and embrace opportunities to make a difference.

Lexington Insurance is headquartered in Boston, Massachusetts.

About the role

This position reports to the Division head of Architects & Engineers Professional Liability.

What you need to know:

• Deep Architects & Engineers / Contractor’s Professional Liability industry expertise to manage and oversee the underwriting of complex risks.
• Responsible for the development of specific product line strategies
• Lead all aspects of portfolio management and client/broker-facing activities.
• Drive consistent underwriting best practices and guidelines across zones and segments to ensure rating and pricing adequacy of the business.
• Establish field underwriting authority levels for the product in conjunction with Division Heads, Field Management and the Lexington CUO.
• Provide the marketplace with thought leadership and participate in Industry Practice Groups.
• Responsible for the development and execution of product line strategy leading to top line growth while maintaining strong underwriting discipline and profitability.
• Develop and ensure effective utilization of detailed monitoring standards including quality reviews to assess underwriting results and loss ratios down to the account level Understanding of regulatory and compliance processes.
• Implement, manage and ensure accuracy of aggregation strategy which has been set with the Lexington Division Head.
• Establish relationship with Distribution and geographic leadership to collaboratively market/distribute product and create mutual understanding of overall parameters and goals with National view on trends.
• Develop talent acquisition strategy to ensure the best talent is in place to underwrite risks.
• Assess technical specialization and segments within each product to determine priorities, provide referral and other support to underwriters, and develop execution strategy.
• Work with broker, clients and internal resources to develop innovative new products and capitalize on Lexington competitive advantage.

What we’re looking for:

• Broad based insurance industry experience with specialization in Contractors Professional Liability product
• 10+ years of insurance operational management experience
• Knowledge of market segmentation, portfolio management, acquisition and distribution
• Process and system skills
• 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

A look at our Benefits

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, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues 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.

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 Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

UW - UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoLexington Insurance Company