Underwriter, Inland Marine

Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.
We're also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
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.
Position Summary:
The Underwriter will contribute to the growth of the business by underwriting Inland Marine products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. Responsible for underwriting large accounts and complex and building relationships with clients and brokers.
Duties and Responsibilities:

• Evaluating, prioritizing and selecting submissions to be underwritten
• Delivering strategic account reviews and preparing associated file documentation
• Adhering to underwriting guidelines and discipline
• 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 developing existing and establishing new broker relationships
• Collaborating with Distribution, Territory Managers, and other line(s) of business to target business development opportunities
• Working with management, brokers, clients, and outside counsel on deal structure, contract terms and conditions on a portfolio of more complex risks
• Representing AIG at client and broker functions
• Contributing to the development of less experienced staff
• Participating in special underwriting projects as needed
• Providing superior customer service to brokers and clients (internal & external)

What we are looking for:

• Understanding of Inland Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc.
• Must be detail-oriented, possess analytical and critical thinking skills, decision making based on level of authority, problem solving
• Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
• Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
• Needs to have a financial understanding, appetite for learning about the industry, negotiating and focused on profitable business
• Minimum 3 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred
• Bachelor's degree from a four-year college or university preferred

The base salary range for this position is $68,000-$84,000 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
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