American International Group

Regional Production Specialist Sr, Excess & Surplus Lines

American International Group$125K — $173K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of leadership experience in excess Healthcare insurance.
  • Strong technical underwriting experience with proven market segmentation knowledge.
  • Demonstrated strategic leadership skills in achieving goals and leading teams.
  • Established relationships with clients and intermediaries in the industry.
  • Expertise in analytical and quantitative analysis combined with problem-solving skills.

Responsibilities

  • Manage underwriting for complex portfolios and make referral decisions.
  • Produce and service a profitable book of business while ensuring compliance with guidelines.
  • Develop and manage underwriting strategies for renewals and new prospects.
  • Negotiate policy terms and align them with company directives and product offerings.
  • Foster positive customer relationships and support an effective reinsurance strategy.
  • Train and develop junior staff, defining their authority and decision-making roles.
  • Collaborate with other business functions to enhance underwriting performance.

Benefits

  • Comprehensive benefits package that supports health and wellbeing.
  • Focus on professional development for career growth.
  • Encouragement of a collaborative work environment to foster team connections.
Full Job Description

Join us as a Senior Regional Production Specialist to grow your career at the forefront of Lexington Healthcare insurance.


How you will create an impact

The Senior Regional Production Specialist manages all Healthcare underwriting within an assigned Branch Office and handles referral decisions for the most complex portfolios. This role takes on a strategic component in the development, implementation and evaluation of all underwriting strategies and guidelines within a Lexington zone, including pricing, marketing, staff, business development, renewals, budget/expenses, and new product development. They 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.


  • Produce, underwrite, manage and service a profitable book of business.
  • Utilize underwriter authority in accordance with the published underwriting guidelines.
  • Manage a portfolio of renewal and new business including accounts made up of complex risks.
  • Ability to seek out and secure new and profitable business.
  • 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.
  • Develop, position, market, and deliver innovative, market-leading products and services through regional framework to a network of producers in a manner that effectively leverages our strengths as a competitive differential in the marketplace.
  • Develop framework for underwriting authority.
  • Demonstrate understanding of regulatory and compliance processes and ensure AIG stakeholders understand the Lexington Healthcare business model, underwriting methodology, and the risks we assume.
  • Support an effective reinsurance strategy that supports our risk appetite for per risk and aggregation.
  • Proactively foster and develop positive relationships with key customers.
  • Develop tools and strategies, in collaboration with HR, to attract and retain top industry talent and develop high performing teams.
  • Drive a culture that promotes collaboration, diversity, and inclusion.
  • 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.
  • Provide direction and support to junior underwriters on new and renewal business.

What you will need to succeed

  • At least 8+ years of excess Healthcare insurance leadership experience.
  • Knowledge of market segmentation, portfolio management, acquisition, and distribution
  • Proven Strategic Leadership skills in developing vision and purpose, driving for results and leading effective teams.
  • Established strong relationships with customers and intermediaries.
  • Skilled leader of change; versatile, client focused, results oriented.
  • Demonstrated business savvy, analytical and quantitative skills.
  • Expert technical underwriting background
  • Strong problem solving and conflict resolution experience.
  • Strategic orientation, managing vision and purpose, developing organizational capability.
  • Talent assessment and development for bench strength and succession planning.
  • Proven collaborative leadership skills.
  • 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.

For positions based in Illinois, the base salary range is $125,000-$173,000 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.  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: .



#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 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.

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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