American International Group

Underwriting Manager Sr, Excess & Surplus Lines

American International Group$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in Commercial Property E&S underwriting.
  • Ability to underwrite various property risks and maintain a balanced portfolio.
  • Experience with 100%, primary/shared and layered, and excess structures.
  • Strong understanding of market conditions and quick decision-making skills.
  • Proven leadership skills with a focus on career development of direct reports.
  • Engagement in mentorship and driving a diverse and inclusive culture.
  • Post-graduate education or industry-recognized certifications preferred.

Responsibilities

  • Lead and expand a team of underwriters in the region.
  • Underwrite risks to grow and maintain E&S portfolio profitably.
  • Collaborate with colleagues and establish strong presence with wholesale trading partners.
  • Review and negotiate manuscript wordings and coverage specifics.
  • Develop and implement strategies for P&L management while sharing best practices.
  • Engage in initiatives beyond underwriting to support organizational transformation.
  • Coordinate with other managers and leadership within Lexington region.

Benefits

  • Comprehensive benefits package focusing on health, wellbeing, and financial security.
  • Professional development opportunities included in the Total Rewards Program.
  • Supportive work environment emphasizing in-person collaboration.
  • Cultural initiatives that promote diversity and inclusivity.
  • Programs that prioritize work-life balance and employee investment.
Full Job Description
Join us as a Senior Underwriting Manager, Lexington Mid-Market Properties to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.

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

  • Lead and grow a team of underwriters within the Region.
  • Underwrite risks to maintain and profitably grow our E&S portfolio across our desired business segments.
  • Collaborate with colleagues internally and be reliably visible to our wholesale trading partners.
  • Review and negotiate manuscript form wordings and coverages.
  • Build and execute on the strategy for P&L management, sharing best in class practices across the US.
  • Take on projects beyond the scope of normal underwriting activities in order to contribute to organizational transformation and other Lexington and AIG-wide initiatives, as well as identify opportunities for direct reports to contribute and join.
  • Work in constant coordination and collaboration with the other Managers of Property and the leadership within Lexington


What you'll need to succeed

  • Minimum 7+ years' experience in Commercial Property E&S underwriting.
  • The candidate must have the ability to underwrite property risks across the spectrum of E&S Property business while setting direction for your team and maintaining a balanced portfolio across both primary and excess placements.
  • Position requires ability to underwrite 100%, primary/shared and layered, and excess structures.
  • A strong understanding of current market conditions, ability to quickly make decisions and turn around quotes and manage multiple prospects at one time are essential.
  • Strong leadership skills to include career development of direct reports and other subordinates through continual coaching and mentoring
  • As a member of the senior leadership within Lexington, take on responsibilities beyond everyday management and underwriting, including mentoring, collaboration within the region across business divisions and driving a diverse and inclusive culture.
  • Must be able to work with regional Property leadership peers in order to continue to build a nationally renowned team and culture for Lexington.
  • Post-graduate education helpful, either through formal university setting or industry-recognized certifications

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

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

Lexington Specialty 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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