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
AIG 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. We offer a broad range of products to customers through a diversified, multichannel distribution network.
As an underwriter at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk.
About the role
Under general direction underwrites assigned aerospace risks within individual authority across numerous insurance product lines.
- Lines include pleasure and business and corporate aircraft, sightseeing, charter, aerial photography and survey, airports, aircraft component manufacturers, aerial application (agriculture), unmanned aerial systems, (drones), flight schools and training providers.
- Evaluates risk profile of aerospace businesses including with special emphasis on suitability of pilot credentials and qualifications for the type of aircraft to be underwritten.
- Uses specialized knowledge of wide variety of aircraft types, performance and characteristics with attention to the various pilot skills needed for safe operation.
- Designs suitable transition, training or risk remediation programs for pilots falling outside criteria.
- Uses understanding of particularities of global geographic insurance market dynamics and placement criteria to arrange risk transfer programs.
- Demonstrates proven ability to develop and maintain exceptional working and production relationships.
- Makes independent sales calls to market and cross-market products.
- Manages an assigned portfolio of renewal business.
- Achieves established rating targets as set from by the company.
- Assists Management in the preparation of business, line reports and agency analysis; assists in the review of procedures to resolve issues.
- Participates in research projects involving identification and classification data.
- May assess needs and suggest/promote alternative products or services.
- Responsible for the day-to-day management of a book of business including customer service inquiries.
- May monitor performance of staff members according to established monitoring standards.
- May approve special price concessions, quotes, bid allowances, or adjustments.
TECHNICAL SKILLS & EXPERIENCE:
- Minimum 3+ years of Commercial Insurance Company, Agency or Brokerage experience.
- Bachelor's degree from a four-year college or university.
- Proven ability to build and maintain strong professional relationships.
- Demonstrated sales, marketing, and relationship building experience.
- Very strong verbal and written communication skills.
- Highly motivated and results-oriented.
- Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
- Willingness to be flexible, learn on the job, and maintain a can-do attitude.
- Comfort with analytical tools and technology.
For positions based in California, the base salary range is $73,000-$91,000 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.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG AEROSPACE INSURANCE SERVICES INC