AIG Healthcare has an opportunity for a Senior Production Specialist, specializing in Medical Malpractice and General Liability. The Specialist will be required to underwrite Primary, Umbrella and Excess lines of business. Work effectively both independently and as part of a team to successfully manage their book of business along with contributing to the overall profitability of the malpractice business portfolio. A Senior Production Specialist must be able to illustrate sufficient technical analysis, have a strong underwriting acumen combined with the necessary sales and marketing skills to achieve profitable growth targets. Candidate must have the ability and willingness to coach, train and develop junior staff, (if required) to their fullest potential.
How you will create an impact- Produce, underwrite, manage and service a profitable book of business.
- Utilize underwriter authority in accordance with the published underwriting guidelines.
- Handle a portfolio of renewal and new business including accounts made up of complex risks.
- Ability to seek out and secure new and profitable business.
- Manage and develop effective producer and client relationships throughout assigned territory.
- Coordinate strategy and work collaboratively with other aligned business functions including claims, actuarial, and consulting.
- Work alongside our Distribution Partners, (Business Development Managers and/or Client Directors) to effectively maximize our distribution partner network.
- Effectively negotiate and secure policy terms that align with the company directives, especially utilizing new product and service offerings to bring value to the client.
- Develop and manage underwriting strategies for both renewals and prospects within his/her portfolio of accounts, including knowledge of the current penetration by product, and specific plans to increase company share.
- Provide direction and support to junior underwriters on new and renewal business.
- Proactively foster and develop positive relationships with key customers.
- Make internal and external presentations as necessary.
What you'll need to succeed- Minimum of 5+ years' experience within the Healthcare arena focusing on Hospitals and Allied Health.
- Bachelor's Degree.
- Knowledge of specialized Healthcare forms, wordings and program structures, (i.e. loss sensitive including self-insured and deductible programs).
- Strong interpersonal skills with emphasis on collaboration and working well with others
- Strong relationships with retail and wholesale brokerage community
- Knowledge of the market, portfolio management, acquisition and distribution
- Ability to maintain "audit ready" underwriting files on a timely basis.
- Ability to work in a fast-paced environment making quick decisions while adhering to a sound underwriting discipline
- Ability and willingness to be highly visible in the marketplace and travel as necessary
- Outcome focused, self-motivated, dependable, flexible and enthusiastic
- Proficient working knowledge of Excel, Pivot Tables and Outlook.
For positions based in Illinois, the base salary range is $84,000-$111,500 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."
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
Lexington Specialty Insurance Agency, Inc.
