Who we areAmerican International Group, Inc.
(AIG) is a leading global insurance organization.
Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.
These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers.
It includes one of the world’s most far-reaching property casualty networks.
General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.About the roleAIG is seeking an Sr.
Underwriter to contribute to their industry leading Professional and Cyber Liability team.
AIG’s strong foundation as the market leader in this area has consistently evolved through innovation, creativity, use of technology, and emphasis on data analytics.
AIG prides itself as staying ahead of the curve and are looking for forward thinking and inventive underwriters to facilitate in navigating a frequently changing marketplace.
Areas of focus will be around E&O, Technology, Media and Cyber Liability.
In this role, you will be responsible for underwriting and servicing an existing renewal book as well as soliciting new business opportunities.
This role includes constant interaction with top nationwide brokers and insureds as AIG’s client base consists of Fortune 500 companies as well as major local regional players who elicit tailored and unique solutions.
Through this role, underwriters gain access to a highly evolving and dynamic atmosphere that involves exposure to major influencers in the insurance, technology, and legal fields.Responsibilities include:Rapidly evaluating, prioritizing and selecting submissions to be underwritten.Demonstrating technical underwriting skills through strategic, thorough account reviews and file documentation.Exercising judgment, negotiating and making sound business decisions effectively based on level of authority.Render alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change.Using all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.Understanding fundamentals of loss trends, loss triangles, and ratemaking.Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects.Assisting regional manager and product leaders in further developing existing broker relations as well as establish new relationships to attract business opportunities.Collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities.Working with management, brokers, clients, and outside counsel on deal structure, contract terms and conditions on a portfolio of more complex risks.Participating in various underwriting and marketing initiatives to improve company results and drive portfolio strategies.Developing strong, long term relationships with brokers and clients to profitably grow a book of business.Representing AIG at client and broker functions with supervision as necessary/appropriate.Contributing to the mentoring, training and development of less experienced staff.Participating in special underwriting projects as needed.Providing superior customer service to brokers and clients (internal & external).Required Experience :4 years of Cyber Underwriting or Broking, Information Security, Technology E&O, or Legal backgrounds.High level understanding of financial, insurance, technology, legal, and regulatory concepts, and how these apply to the job of an underwriter;Technical expertise and knowledge of cyber breaches and claims trends;Strong written and oral communication skills;Team player;Contribute to achievement of budget
– Contribute to Regional GWP budget by meeting total new business goal and meeting renewal retention goals;Applicant should be an independent thinker, highly self-motivated, and well organized;Excellent analytical, negotiation, inter-personal and relationship management skills are a must;Support improving regional business mix/ profitability by achieving divisional growth targets on key initiatives;College degree required.
Cyber certifications or insurance designations are encouraged.A look at our benefitsAt AIG, we have a 100-year legacy of working to make the world a better place.
And that begins with our employees.
We’re proud to offer a range of employee benefits and resources that help you protect what matters most
– your health care, savings, financial protection, and wellbeing.
We provide a variety of leaves for personal, health, family, and military needs.
For example, the “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community.We also believe in fostering our employees’ development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers.
AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.We are an Equal Opportunity EmployerIt 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.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.To learn more please visit: is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.
If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to .
Reasonable accommodations will be determined on a case-by-case basis.Functional Area:UW
– UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoRISK SPECIALISTS COMPANIES INSURANCE AGENCY INC