- $80,440.00 -168,710.00/year*
Financial Services - Insurance
23 Crestmont Cir
Functional Area:UW - Underwriting Estimated Travel Percentage (%): Up to 25% Relocation Provided: No RISK SPECIALISTS COMPANIES INSURANCE AGENCY INC Your future team AIG s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities. AIG has an opportunity for an Underwriting Specialist role on its Financial Lines team. This level underwriter typically handles accounts/clients that are very complex. Has a greater underwriting authority and handles larger accounts and/or more complex risks than the Senior Underwriter. Your contribution at AIG As a Leader, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes. Rapidly evaluate, prioritize and select submissions to be underwritten. Demonstrate advanced technical underwriting skills through strategic, thorough account reviews and file documentation. Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority. Use all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed. Render alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change. Understand loss trends, loss triangles, and ratemaking. Assist with overseeing territorial books of business both through the use of various daily reports and constant monitoring of adherence to underwriting requirements and guidelines. Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities. Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers. Assist regional manager and product leaders in further developing existing broker relations as well as establish new relationships to attract business opportunities. Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure on a portfolio of mostly complex risks. Participate in special underwriting projects as needed. Provide training and assistance to less experienced underwriters to better enable them to execute on strategies. Represent AIG at client and broker functions without supervision as necessary/appropriate. Provide superior customer service to brokers and clients. What we are looking for Minimum 5-7 years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred. Bachelor s degree from a four-year college or university. Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment and risks etc. Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence and prioritize and manage multiple concurrent projects. Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority. Demonstrated sales, marketing, and relationship building experience. Very strong verbal and written communication skills. Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions. Comfort with analytical tools and technology. It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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. At AIG, we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: POSTER FINAL_3-9-16.pdf
Associated topics: annuities, broker, brokerage, derivatives, dow jones, fund, ira, invest, security, stock
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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