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Senior Executive Underwriter
2 months ago
We are seeking a highly skilled and experienced Senior Executive Underwriter to join our team at American International Group. As a key member of our underwriting team, you will be responsible for managing a book of business and providing technical direction to management, less senior specialists, producers, and claims adjusting personnel.
Key Responsibilities- Underwrite Workers' Compensation, General Liability, and Auto Liability primary Casualty product lines
- Accept, decline, or modify new and renewal submissions submitted by brokers
- Identify exposures and analyze required to underwrite an account, as well as determine the exposures to loss assumed and restricted by the insuring agreements and the exclusions
- Manage a book of business and participate in the formulation of the budget relative to regional budget/goals
- Establish new business production goals and submission flow relative to the book of business
- Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross-selling opportunities from brokers
- Develop and implement pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients
- Review, evaluate, and recommend modifications to underwriting guidelines
- Develop strong, long-term relationships with brokers and clients to profitably grow a book of business
- Provide superior customer service to brokers and clients
- May draft manuscript endorsements that are particular to an underwriting exposure(s) for approval by legal
- May be responsible for assigning and managing the work of a team of underwriters while providing guidance
- Minimum 7+ years of Commercial Insurance Company, Agency, or Brokerage experience
- Bachelor's degree from a four-year college or university
- Proven ability to build and maintain strong professional relationships
- Advanced working knowledge of US Casualty lines of business (Workers' Compensation, Auto Liability, and General Liability) including product features, forms, regulatory environments, and risks
- Demonstrated sales, marketing, and relationship building experience
- Very strong verbal and written communication skills
- Highly motivated and results-oriented
- Ability to work in a 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
- Comfort with analytical tools and technology