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Executive Underwriter, Group Captives
- AIG (Chicago, IL)
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At AIG, we are reimagining the way we help customers to manage risk. Join us as an Executive Underwriter, Group Captives 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 Captive Underwriting.
AIG 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 impact:
+ Handles 1 large Group Captive or 2 mid-sized Group Captive programs
+ Underwrite Workers’ Compensation, General Liability, and Auto Liability Casualty product lines and onboard new member business opportunities
+ Collaborate with internal partners including actuarial, finance, operations, claims, credit, and legal
+ Maintain clear and concise underwriting files and perform self-audits for other Group Captive underwriters
+ Communicate risk appetite and Captive Solutions Value Proposition to captive intermediaries and brokers
+ Work with Associate Underwriter, Operations, and Finance to ensure accurate booking and coding on accounts are completed on a timely basis
+ Resolve account-related inquiries from internal peers and/or Clients/Brokers that are within scope; or escalate to leadership
+ Participate in client (internal/external) conference calls and captive meetings
+ Develop and maintain professional relationships with the Producers and Captive Intermediaries
What you'll need to succeed:
+ 3+ years of relevant professional experience; prior insurance experience required
+ Bachelor’s degree from a four-year college or university, preferred
+ CPCU, ARM, ARe, or other insurance designation preferred
+ Proven ability to build and maintain strong professional relationships
+ Demonstrated sales, marketing and relationship building experience
+ Excellent verbal and written communications 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 meet time-sensitive deliverables.
+ Willingness to be flexible, learn on the job, and maintain AIG culture.
Ready to take your career to the next level? We would love to hear from you.
For positions based in NYC, the base salary range is $93,000-$130,000 and for positions based in Illinois, the base salary range is $104,600-127,600 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: 2025 Benefits Summary
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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].
Functional Area:
UW - Underwriting
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