Senior Underwriting Specialist, Retail Property

Join us as a Senior Underwriting Specialist, Retail Property to play a highly influential role in protecting our clients and growing our business.

Make your mark in Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial

Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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

Reporting to the Zonal Underwriting Manager or Underwriting Manager, this role will be primarily responsible to execute the geographic underwriting strategy for Retail Property. 

Job Responsibilities:

• This level underwriter typically performs highly technical complex assignments within area of expertise.

• Provides technical direction to management, less senior specialists and underwriters, producers, and claims adjusting personnel.

• Accepts, declines, or modifies new and renewal submissions submitted by brokers. Identifies exposures and analysis required to underwrite an account, as well as the coverage policies, and determines the exposures to loss assumed and restricted by the insuring agreements and the exclusions. Manages a book of business and may participate in the formulation of the budget relative to regional budget/goals. Establishes 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.

• Develops and implements 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.

What you'll need to succeed

• Minimum 7-9 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

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

For positions based in Chicago, the base salary range is $125,000 - $173,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits.

#LI-AIG

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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to   

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