Senior Underwriting Specialist, Retail Property

3 weeks ago


Los Angeles, California, United States AIG Full time
At AIG, we are reimagining the way we help customers manage risk. As a Senior Underwriting Specialist, Retail Property, you will play a key role in this transformation.

**Key Responsibilities:**

* Perform highly technical and complex assignments within the area of expertise
* Provide technical direction to management, less senior specialists and underwriters, producers, and claims adjusting personnel
* Accept, decline, or modify new and renewal submissions submitted by brokers
* Identify exposures and analyze required to underwrite an account, as well as the coverage policies, and determine the exposures to loss assumed and restricted by the insuring agreements and the exclusions
* Manage a book of business and may 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 while soliciting customer/producer input for improving and enhancing service
* Develop and implement pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and Retail Property strategy
* May review, evaluate and recommend modifications to underwriting guidelines
* Participate in special underwriting projects as needed
* 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

**Requirements:**

* 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 lines of business Retail Property products including product features, forms, regulatory environments, and risks, etc.
* 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
* Comfort with analytical tools and technology

**What We Offer:**

* Competitive base salary range of $140,000-$165,000
* Eligibility for a bonus in accordance with the terms of the applicable incentive plan
* Comprehensive benefits package, including health, wellbeing, and financial security benefits
* Opportunities for professional development and growth
* Collaborative and inclusive work environment

If you are a motivated and experienced underwriter looking to take your career to the next level, we encourage you to apply.

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