Referral Underwriting Lead, Aig Risk Management (Aigrm)

Who we are
American 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 business
General 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.
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 Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.
About the role
The Referral Underwriting Manager would be responsible for a broad spectrum of technical underwriting, pricing and coverage issues for P&C insurance in the home office team reporting directly to the Chief Underwriting Officer. He or she would support the underwriters of AIG Risk Management in producing a risk-adjusted underwriting profit for a variety of Casualty lines and products on both individual account referrals and leading the technical underwriting of portfolios in various lines of business. AIG Risk Management (AIGRM) is the Primary Casualty and Alternative Risk business of AIG. Major lines of coverage provided are Workers Compensation, Auto Liability and General Liability.
The Referral Underwriting Manager would bring strong leadership in cross-functional teams ensuring high-quality underwriting, adequate pricing, innovative product development, sensible business processes and regulatory compliance. In addition, they would efficiently handle referrals from underwriters for a diverse array of programs, including primary insurance, exposure rating, loss rating, aggregate risks and unique coverages. They'll also provide mentoring, training and skill building to underwriters. Finally, the Referral Underwriting Manager will need to foster collaborative relationships with associates in the Underwriting Shared Services Division, Division Managers, Chief Underwriting Officer, Head Actuary, Head Marketing Officer and other associates.
The core responsibilities also include the ability to:

• Develop and implement strategies to maximize penetration, volume/growth and profitability for AIG Risk Management;
• Serves as a technical expert and exercises technical authority with regards to underwriting issues;
• Responsible for staying up to date and current with industry/ product trends and adopting coverage as needed;
• Working with CUO, responsible for setting rate strategies as well as monitoring rate results within a product or segment;
• Working with the CUO, develops and manages all product guidelines so that they are current with the vision of the product;
• Manages the product line to established objectives, makes decisions in response to market conditions.
• Assess technical specialization and segments within product to determine priorities, provide referral and other support to underwriters, and develop execution strategy;
• Provides product specific training within and outside the respective Division;
• Ensures the required standards of governance, systems and controls, and regulatory compliance are established and maintained;
• Work with broker, clients and internal resources to develop innovative new products and capitalize on competitive advantage.

LEADERSHIP SKILLS:

• Strategic orientation, managing vision and purpose, developing organizational capability.
• Talent assessment and development for bench strength and succession planning.
• Proven collaborative leadership skills.
• Strong influencing and communications skills and ability to work across multiple areas of company and industries.
• Change management and team leadership.
• External thought leadership.
• Attracting talent, talent assessment and development for bench strength and succession planning.

TECHNICAL SKILLS & EXPERIENCE:

• Broad based insurance industry experience with specialization in Casualty products (Workers Compensation, Auto Liability and General Liability.)
• Preferred minimum of 15+ years of insurance operational management experience;
• Knowledge of market segmentation, portfolio management, acquisition and distribution;
• Process and system skills;
• Strategic orientation, managing vision and purpose, developing organizational capability;
• Strong influencing and communications skills and ability to work across multiple areas of company and industries;
• Change and team leadership, as well as, external thought leadership.

For positions based in New York City, the base salary range is $ $285,200 to $323,700 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: Benefits Overview.
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A look at our Benefits
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, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues 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 Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG 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 candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
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