Underwriter II, Financial Institutions, Financial Lines

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Underwriter II, Financial Institutions, Financial Lines to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

This role underwrites Financial Lines products under general supervision, issuing quotes and policies while ensuring standards and compliance guidelines are met. These individuals will analyze information and have the opportunity to connect with clients and brokers.

Responsibilities include:

• Evaluating, prioritizing and selecting submissions to be underwritten.
• Identifying risk exposures, special or common hazards, claims experience and appropriate controls.
• Analyzing claims and quantifying losses.
• Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
• Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts.
• Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
• Capturing market intelligence and broker feedback on accounts.
• Begin demonstrating technical expertise with product(s) in the Financial Lines portfolio.
• Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment.
• Demonstrating success in negotiation and building collaborative relationships.
  Multi-tasking, prioritizing and time management skills.
• Appropriately balancing changing priorities based upon underwriting needs and performing within time constraints with a high volume of work.
• Working with more senior underwriters or management on risks exceeding authority level or requiring special handling.
• Selling and negotiating to achieve bottom line profitability for the Company.
• Making presentations and communicating risk appetite and Financial Lines value proposition articulately to brokers and clients.
• Contributing to development of producer strategies.
• Developing and maintaining a submission pipeline sufficient to achieve overall production and business mix objective.
• Providing superior customer service to brokers and clients (internal & external).

What you'll need to Succeed:

• 1+ years of underwriting or relevant professional experience.
• Bachelor’s degree from a four-year college or university.
• For Management Liability positions, a working knowledge of financial statements and analysis.
• Excellent interpersonal, communication and analytical skills.
• Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects.
• Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
• Takes initiative on projects and assignments, seeks alternate solutions when necessary.

The base salary range is $90,000-$112,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our 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—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

UW - Underwriting

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