American International Group

Senior Underwriting Specialist, Corporate Accounts Excess Casualty

American International Group$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-9 years of experience in Commercial Insurance Company, Agency, or Brokerage.
  • Proven relationship-building skills with brokers and clients.
  • Advanced knowledge of NA Casualty lines, including regulatory environments and associated risks.
  • Demonstrated experience in sales, marketing, and relationship management.
  • Strong verbal and written communication abilities.
  • Highly motivated and results-oriented with a proactive attitude.
  • Expert knowledge of underwriting analytical tools and technology.

Responsibilities

  • Make sound business decisions and exercise judgment effectively.
  • Navigate complex situations and deliver real-time decisions quickly.
  • Support best practices in underwriting to ensure proper rating and profitability.
  • Lead a team of underwriters, managing work assignments and responsibilities.
  • Assist team members with strategic initiatives and operational challenges.
  • Collaborate with various stakeholders to maximize cross-selling opportunities.
  • Monitor adherence to underwriting requirements for an assigned book of business.

Benefits

  • Comprehensive benefits package focused on health, wellbeing, and financial security.
  • Professional development opportunities to support continuous learning.
  • In-person collaboration as an integral part of company culture, with 4 days in the office per week.
  • Culture that values diversity and inclusion through Employee Resource Groups.
Full Job Description
Join us as a Senior Underwriting Specialist, Corporate Accounts, Excess Casualty to step up to a key team leadership role that will drive business growth.

Make your mark in 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

AIG is seeking a Senior Underwriting Specialist, Corporate Accounts Excess Casualty to contribute to their industry leading Excess Casualty underwriting team. AIG's strong foundation as the market leader in this area has evolved through its long-term commitment to the marketplace, investment in technology, commitment to industry knowledge sharing, underwriting creativity and emphasis on data and analytics. AIG prides itself as staying ahead of the curve and is looking for forward thinking and inventive underwriters to navigate a constantly changing global, economic and geopolitical landscape.

Responsibilities and expectations are as follows:
  • Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority.
  • Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change.
  • Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
  • Responsible for assigning and managing the work of a team of underwriters.
  • Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
  • Assist underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
  • Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business.
  • Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
  • Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure for complex risks.
  • Develop strong, long term relationships with brokers and clients to profitably grow a book of business.
  • Identify the need for and manage special underwriting projects as needed.
  • Provide superior customer service to brokers and clients.


What you'll need to succeed
  • Minimum 7-9 years of Commercial Insurance Company, Agency or Brokerage experience.
  • Proven ability to build and maintain strong professional relationships.
  • Advanced working knowledge of the NA Casualty lines of business including product features, forms, regulatory environments and risks etc. (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty)
  • Demonstrated sales, marketing, and relationship building experience.
  • Very strong verbal and written communication skills.
  • Highly motivated and results-oriented.
  • Ability to work in 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.
  • Expert with underwriting analytical tools and technology.


At AIG, we value in-person collaboration as a vital part of our culture, which is why team members come together in the office four days per week. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Ready to make a bigger impact? We look forward to reviewing your application.

Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits

#LI-AIG

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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