American International Group

Senior Underwriter, North America Fronting

American International Group$80K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of relevant experience in the insurance industry
  • Strong communication skills for client and broker interactions
  • Highly organized and proactive self-starter
  • Ability to manage deadlines and adapt to changes
  • Proven problem-solving and analytical abilities
  • Familiarity with analytical tools and technology
  • Proficient in Microsoft IT packages: Outlook, Teams, Excel, Word

Responsibilities

  • Collaborate with Captive Solutions Fronting Team on program structures
  • Ensure compliance with support teams including Legal and Actuarial
  • Collect and organize premium and claims details post-binding
  • Perform routine sanctions and screening checks
  • Oversee account bookings and coding with Associate Underwriter
  • Facilitate timely cash collections and transfers to stakeholders
  • Engage with clients and internal teams during conference calls

Benefits

  • Comprehensive health and wellbeing benefits
  • Financial security options including retirement plans
  • Professional development opportunities
  • Supportive team environment focused on collaboration
  • Flexible work arrangements with emphasis on in-office presence
Full Job Description

Senior Underwriter - North America Fronting

This position is a Senior Underwriter for North America Fronting. Main focus will be the support and servicing of complex fronting accounts. The position will require an individual to have general knowledge of multiple lines of coverage and topics. They will support the Senior Team leader and assume account responsibilities under their direction.

How you will create an impact

Work closely with Captive Solutions Fronting Team and liaise with Product pillars to verify program structure and reinsurer details.

Work closely with the support teams (Legal, Actuarial, Credit & Collateral Management) to ensure fronting deals are in full compliance

Once bound, collect all necessary program (premium and claims) details and reinsurance documentation

Perform sanctions and screening checks

Work with Associate Underwriter to ensure booking and coding on accounts are completed

Ensure cash collections and onward transfers to captives/reinsurers are prompt and in line with bookings

Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership

Make independent sales calls to market and cross-market products. Refers declined business to other AIG divisions, as appropriate.

Participate in client (internal/external) conference calls.

Prepare for and help respond to all captive audits.

What you'll need to succeed

3+ yrs relevant experience, preferably within the insurance industry.

Must be articulate and personable as there will be communication with clients and brokers including attendance at meetings

Proactive, highly motivated, well-organized, self-sufficient, and able to demonstrate the ability to work productively under minimum supervision

Excellent time management skills with ability to work with deadlines and be responsive and flexible to client needs and changes in program requirements

Ability to manage by influence demonstrating strong communication, relationship management, organizational and analytical skills.

Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to deliver expected results.

Highly motivated and results-oriented, proven creative problem solver.

Demonstrated ability to understand and work with analytical tools, reports and technology.

Computer literacy required: Microsoft IT packages preferred – MS Outlook, Teams, Excel, Word, etc.

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

#LI-AIG

For positions based in Boston the base salary range for this position is $80,000-$100,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.  For positions based in New York the base salary range for this position is $80,000-$100,000 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: .

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

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