Senior Underwriting Specialist, Excess Casualty

1 week ago


Chicago, United States AIG Full time

Senior Underwriting Specialist, Excess CasualtyJoin us as a Senior Underwriting Specialist, Excess Casualty to step up to a key team leadership role that will drive business growth.Make your mark in UnderwritingAIG 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 impactAIG is seeking a Senior Underwriting Specialist, 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 succeedMinimum 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.



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