American International Group

Senior Underwriter, Fronting/Group Captives

American International Group$105K — $135K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5 years of relevant professional insurance experience
  • Bachelor's degree preferred
  • Strong relationship-building skills
  • Sales and marketing experience
  • Excellent verbal and written communication skills
  • Motivated and results-oriented
  • Adaptability in dynamic environments
  • Willingness to learn and have a positive attitude

Responsibilities

  • Onboard new business opportunities
  • Manage up to 2 medium-sized Group Captive accounts
  • Maintain clear underwriting files and conduct self-audits
  • Communicate risk appetite and Captive Solutions Value Proposition to brokers
  • Collaborate with Associate Underwriters for account management
  • Address account-related queries from peers and clients
  • Participate in client conference calls and relationship development

Benefits

  • Comprehensive health and wellbeing benefits
  • Financial security and development opportunities
  • Total Rewards Program focused on employee wellbeing
  • Support for professional development
  • In-person collaboration to foster a connected environment
Full Job Description
Senior Underwriter, Fronting/Group Captives

Make your mark in Group Captive Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague - empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact
  • Onboard new business opportunities.
  • Handle up to 2 medium-sized Group Captive accounts.
  • Maintain clear and concise underwriting files and perform self-audits for other underwriters.
  • Communicate risk appetite/Captive Solutions Value Proposition to brokers.
    Work with Associate Underwriter(s) to ensure booking and coding on accounts are completed.
  • Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership.
  • Participate in client (internal/external) conference calls.
  • Develop and maintain professional relationships with the Producers and Captive Intermediaries.


What you'll need to succeed
  • 5 years of relevant professional experience; Prior insurance experience required.
  • Bachelor's degree from a four-year college or university preferred.
  • Proven ability to build and maintain strong professional relationships.
  • Demonstrated sales, marketing and relationship building experience.
  • Excellent verbal and written communications skills.
  • Highly motivated and results-oriented.
  • Ability to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
  • Willingness to be flexible, learn on the job, and maintain a can-do-attitude.


For positions based in New York, the base salary range is $105,000-$135,000. For positions based in Chicago, the base salary range is $100,000-$130,000. In addition, 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 #GroupCaptivesUnderwriting

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

National Union Fire Insurance Company of Pittsburgh, Pa.

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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