Senior Executive Underwriter, Private Non-Profit, Financial Lines jobs in United States
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AIG · 1 month ago

Senior Executive Underwriter, Private Non-Profit, Financial Lines

AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Senior Executive Underwriter for their Private Non-Profit team. This role involves managing complex accounts, leading a team of underwriters, and developing strong relationships with brokers and clients to grow the business.

BankingFinancial ServicesInsurance

Responsibilities

Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority
Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast-paced environment characterized by ambiguity and change
Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy
Responsible for assigning and managing the work of a team of underwriters
Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments)
Assist underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers
Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business
Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new 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 for complex risks
Develop strong, long-term relationships with brokers and clients to profitably grow a book of business
Identify the need for and manage special underwriting projects as needed
Provide superior customer service to brokers and clients

Qualification

Financial Lines experienceUnderwriting analytical toolsRelationship buildingSalesMarketingVerbalWritten communicationDynamic environment adaptabilityTeam management

Required

Minimum five (5) years of Financial Lines, Agency or Brokerage experience
Proven ability to build and maintain strong professional relationships
Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Fidelity) including product features, forms, regulatory environment and risks etc
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
Proficient with underwriting analytical tools and technology

Benefits

Base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan
A range of competitive benefits
Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development

Company

AIG is a global insurance company providing insurance products to support clients in business and in life.

Funding

Current Stage
Late Stage

Leadership Team

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Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
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Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
Company data provided by crunchbase