American International Group

Senior Underwriter, Financial Institutions

American International Group$90K — $112K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of underwriting experience in US Financial Lines
  • Proficient in analyzing financial statements
  • Excellent communication and relationship-building abilities
  • Strong organizational and time management skills
  • Sales-oriented with a proactive and accountable attitude
  • Interest in mentoring and training others, even if new to the role

Responsibilities

  • Underwrite new and renewal business in Financial Institutions
  • Communicate risk appetite and value propositions to brokers
  • Negotiate pricing and deal structures with brokers and clients
  • Expand broker network and build market relationships
  • Collaborate with AIG teams to identify cross-selling opportunities
  • Set high customer service standards for the team
  • Provide mentorship and guidance to junior underwriters

Benefits

  • Comprehensive medical and dental coverage
  • Retirement savings plan options
  • Professional development opportunities
  • Paid time off and holiday benefits
  • Supportive workplace culture focused on collaboration
Full Job Description
This role is your opportunity to drive profitable growth in Financial Institutions by working on creative solutions for complex risks. You will be responsible for underwriting a range of new and renewal business, using your proven relationship building skills.

We want you to work closely with brokers to communicate risk appetite and our value proposition - and to understand the deal structures, terms and products that best meets clients' needs. You will then negotiate pricing, terms & conditions, and deal structure with brokers and clients.

It will be important to generate new business by expanding your broker network, attending broker events, and building new relationships across the market. You will collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities.

As a senior member of the team, you will set a high standard of customer service to brokers and clients - providing an example for junior colleagues to follow. You will also provide guidance, mentoring and training to less-experienced underwriters - and support them in building their broker network.

What you'll need to succeed

  • Proven underwriting experience, with good knowledge of US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity).
  • 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.
  • An interest in mentoring and training if you have not held these duties previously.


The base salary range for this position is $90,000-$112,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

#LI-AIG #InsuranceUnderwriter #InsuranceJobs #InsuranceCareers

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.

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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