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Underwriting Specialist, WorldRisk, Foreign Casualty

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriting Specialist, WorldRisk, Foreign Casualty 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 Foreign Casualty

AIG is seeking an Underwriting Specialist to underwrite, analyze and price risks for the WorldRisk product. WorldRisk is an industry leader in providing international insurance solutions to middle market and small commercial customers in the US. AIG’s strong foundation as the market leader in this area has evolved through its long-term commitment to the multinational 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 leaders to navigate a constantly changing global, economic and geopolitical landscape. Area of focus will be AIG’s international package offering (also known as WorldRisk.) In this role, you will be responsible for underwriting WorldRisk foreign package business for US domiciled insureds with foreign exposures. This includes soliciting new business opportunities, managing a renewal portfolio, and building key relationships. This role includes constant interaction with top brokers. AIG’s client base consists of Fortune 2000 companies as well as any customer seeking solutions for international casualty exposures. Through this role, underwriters gain access to a highly evolving and dynamic atmosphere that involves exposure to critical thinking and problem solving in the insurance and international business fields.

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

+ You will be responsible for underwriting WorldRisk foreign package business under general supervision and develop technical underwriting skills within a collaborative group. It will be essential to build effective relationships with brokers and to deliver a high standard of customer service as an example for the team to follow.

+ You will take ownership for achieving goals and outcomes. You will be tasked with mentoring colleagues and overseeing a range of programs and processes, in addition to handling complex underwriting.

+ You will be responsible for assessing the desirability of risk to help drive the profitable growth of Foreign Casualty. This includes ability to exercise judgment, negotiate and make sound business decisions effectively based on delegated level of authority. You will work with management on risks exceeding authority levels or require special handling.

+ You will identify risk exposures, special or common hazards, claims experience and appropriate controls to assess quality of risks.

+ You will determine coverage, terms and conditions that meet the needs of the customer.

+ You will adhere to guidelines and underwriting discipline to minimize exposure and adequately price risks.

+ You will ensure underwriting files, service standards and compliance guidelines are adhered to on assigned accounts.

+ You will appropriately balance changing priorities based upon underwriting needs and meeting deliverables within time constraints with a high volume of work.

+ You will develop strong, long-term relationships with brokers and clients to profitably grow a book of business.

+ You will be visible internally and externally for assigned territory to drive production, foster broker and client relationships.

+ You will play a key role in new business development, including attending broker events and building new relationships across the market.

+ You will communicate WorldRisk risk appetite and value proposition articulately to brokers and clients

+ You will provide superior customer service to brokers and clients.

+ You will keep abreast of market intelligence and marketplace developments in assigned territories to determine their effect on current accounts and potential new business opportunities. This knowledge will be shared with your peers and leadership team.

+ You will participate in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts, maintain new business submission pipeline and cross selling opportunities from brokers.

+ You will update daily underwriting production log to track progress for your assigned book of business.

What you’ll need to succeed

+ 3+ years of relevant professional experience; Insurance experience preferred.

+ Excellent interpersonal, analytical, verbal and written communication skills.

+ Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment. This includes time management skills

+ Ability to work in dynamic environment, adapt to changing requirements and collaborate with a wide range of colleagues to quickly deliver solutions.

+ Ability to adapt quickly in an evolving market

+ Enjoys a challenge with a “can-do” attitude

+ Ability to build and maintain strong professional relationships.

+ Highly motivated and results-oriented

+ Detailed-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.

+ Technical expertise is preferred (Microsoft Office including Excel, Outlook)

+ Takes initiative on projects and assignments, seeks alternative solutions when necessary.

+ Ability to facilitate cross-function collaboration, especially regarding technical aspects.

+ Exposure and/ or working knowledge of Property, Casualty or preferable ancillary lines of business (i.e. Environmental, A&H, K&R) including product features, forms, regulatory environments, and risks is a preferred

+ Demonstrated sales, marketing, negotiation, and relationship building experience.

+ Customer and Sales orientated behaviors: motivated, tenacious, technically skilled, proactive and accountable.

Ready to lead by example? We would love to hear from you.

For positions based in Los Angeles or San Francisco, California, the base salary range is $97,000 - 112,000. For positions based in Illinois, the base salary range is $104,600-$112,400 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview (http://sprcdn-assets.sprinklr.com/248/0a780968-b61c-4521-b06e-ffe3eb552e83-228292781/New\_Hire\_Benefits\_Overview\_202.pdf) .

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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 [email protected].

We consider qualified applicants with criminal histories, consistent with applicable law.

Functional Area:

UW - Underwriting

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