American International Group

Underwriter I, Professional Liability/Cyber, Financial Lines

American International Group$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1+ years of underwriting or relevant professional experience
  • Excellent interpersonal, communication and analytical skills
  • Strong organizational skills for high-volume tasks
  • Ability to adapt in a dynamic, rapidly changing environment
  • Detail-oriented with prioritization skills

Responsibilities

  • Evaluate and prioritize submissions for underwriting
  • Identify risk exposures and claims experience
  • Ensure adherence to underwriting guidelines and compliance
  • Offer profitable and customer-oriented coverage terms
  • Capture market intelligence and broker feedback
  • Develop and maintain a submission pipeline
  • Provide superior customer service to clients and brokers

Benefits

  • Comprehensive benefits package focusing on health and wellbeing
  • Support for professional development opportunities
  • Total Rewards Program designed for financial security
  • Emphasis on in-person collaboration for team dynamics
Full Job Description

In this role, you will be responsible for underwriting and servicing an existing renewal book as well as soliciting new business opportunities. This role includes constant interaction with top nationwide brokers and insureds as AIG’s client base consists of Fortune 500 companies as well as major local regional players who elicit tailored and unique solutions. Through this role, underwriters gain access to a highly evolving and dynamic atmosphere that involves exposure to major influencers in the insurance, technology, and legal fields.


How you will create an impact

  • Evaluating, prioritizing, and selecting submissions to be underwritten.
  • Identifying risk exposures, special or common hazards, claims experience and appropriate controls.
  • Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
  • Ensuring underwriting files, service standards, and compliance guidelines are adhered to on assigned accounts.
  • Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
  • Capturing market intelligence and broker feedback on accounts.
  • Begin demonstrating technical expertise with product(s) in the Financial Lines portfolio.
  • Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment.
  • Demonstrating success in negotiation and building collaborative relationships.
  • Multi-tasking, prioritizing, and time management skills.
  • Appropriately balancing changing priorities based upon underwriting needs and performing within time constraints with a high volume of work.
  • Working with more senior underwriters or management on risks exceeding authority level or requiring special handling.
  • Selling and negotiating to achieve bottom line profitability for the Company.
  • Making presentations, communicating risk appetite and the Financial Lines value proposition articulately to brokers and clients.
  • Contributing to development of producer strategies.
  • Developing and maintaining a submission pipeline sufficient to achieve overall production and business mix objective.
  • Providing superior customer service to brokers and clients (internal & external).

What you will need to succeed

  • 1+ years of underwriting or relevant professional experience
  • Excellent interpersonal, communication and analytical skills.
  • Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
  • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects.
  • Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
  • Takes initiative on projects and assignments, seeks alternate solutions when necessary.


Thebase salary range for this position is $75,000-$95,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We92re 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 what92s 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 security94as well as your professional development94to 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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