American International Group

Senior Underwriter, Inland Marine - Specialty Lines

American International Group • $75K — $93K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in Commercial Insurance, Agency, or Brokerage, with a preference for Inland Marine expertise.
  • Strong understanding of Inland Marine Insurance, including loss trends and ratemaking, particularly in Transportation and Logistics.
  • Detail-oriented with analytical and critical thinking skills for effective decision-making.
  • Ability to thrive in a dynamic environment, managing multiple tasks and adapting to ambiguity.
  • Excellent written and verbal communication skills, with a focus on building trust with clients and colleagues.
  • Financial acumen and a strong desire to learn about the industry, with negotiation skills to write profitable business.

Responsibilities

  • Underwrite Inland Marine products under general direction, ensuring compliance with standards.
  • Evaluate and prioritize submissions for underwriting, focusing on large accounts.
  • Deliver strategic account reviews and prepare necessary documentation.
  • Assist management in implementing strategic initiatives and provide technical support on projects.
  • Develop and maintain relationships with brokers and clients, enhancing business opportunities.
  • Collaborate with various teams to identify and target business development opportunities.
  • Provide superior customer service to both internal and external clients.

Benefits

  • Comprehensive benefits package focused on health, wellbeing, and financial security.
  • Professional development opportunities to enhance career growth.
  • Supportive work environment that values in-person collaboration.
Full Job Description
The Senior Underwriter will contribute to the growth of the business by underwriting Inland Marine products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. The position is responsible for underwriting large accounts and building relationships with clients and brokers. Other responsibilities include:

  • Evaluating, prioritizing and selecting submissions to be underwritten
  • Delivering strategic account reviews and preparing associated file documentation
  • Adhering to underwriting guidelines and discipline
  • Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects
  • Assisting regional manager and product leaders in developing existing and establishing new broker relationships
  • Collaborating with Distribution, Territory Managers, and other line(s) of business to target business development opportunities
  • Working with management, brokers, clients, and other partners on deal structure, contract terms and conditions on a portfolio of more complex risks
  • Representing AIG at client and broker functions
  • Contributing to the development of less experienced staff
  • Participating in special underwriting projects as needed
  • Providing superior customer service to brokers and clients (internal & external)

What you'll need to succeed

  • Understanding of Inland Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc. with a focus on Transportation and Logistic risks
  • Must be detail-oriented, possess analytical, critical thinking and problem solving skills, and be able to make decisions based on level of authority
  • Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
  • Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
  • Financial acumen, appetite for learning about the industry, negotiating skills and a focus on writing profitable business
  • Minimum 3 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred; Inland Marine experience preferred


Ready to take your career to the next level? We would love to hear from you.

The base salary range is $75,000-$93,000. Your actual compensation will be dependent on your skills, experience and qualifications. 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 #InlandMarineUnderwriter #InsuranceCareers #InsuranceJobs #MarineUnderwriting

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

Risk Specialists Companies 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

Similar Jobs

More Jobs at American International Group

More Finance & Insurance Jobs

Find similar Senior Underwriter, Inland Marine - Specialty Lines jobs: