Underwriter II, WorldRisk, Foreign Casualty
At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter II 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 Foreign Casualty.
AIG is seeking an Underwriter II to underwrite, analyze and price risks for the WorldRisk product. WorldRisk is an industry leader in providing international insurance solutions to middle market and small commercial customers in the US. AIG's strong foundation as the market leader in this area has evolved through its long-term commitment to the multinational marketplace, investment in technology, commitment to industry knowledge sharing, underwriting creativity and emphasis on data and analytics. AIG prides itself as staying ahead of the curve and is looking for forward thinking and inventive leaders to navigate a constantly changing global, economic and geopolitical landscape.
Area of focus will be AIG's international package offering (also known as WorldRisk.) In this role, you will be responsible for underwriting WorldRisk foreign package business for US domiciled insureds with foreign exposures. This includes soliciting new business opportunities, managing a renewal portfolio, and building key relationships. This role includes constant interaction with top brokers. AIG's client base consists of Fortune 2000 companies as well as any customer seeking solutions for international casualty exposures. Through this role, underwriters gain access to a highly evolving and dynamic atmosphere that involves exposure to critical thinking and problem solving in the insurance and international business fields.
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 :
- You will be responsible for underwriting WorldRisk foreign package business under general supervision and develop technical underwriting skills within a collaborative group.
- You will be responsible for assessing the desirability of risk to help drive the profitable growth of Foreign Casualty.
- You will identify risk exposures, special or common hazards, claims experience and appropriate controls to assess quality of risks.
- You will determine coverage, terms and conditions that meet the needs of the customer.
- You will adhere to guidelines and underwriting discipline to minimize exposure and adequately price risks.
- You will ensure underwriting files, service standards and compliance guidelines are adhered to on assigned accounts.
- You will appropriately balance changing priorities based upon underwriting needs and meeting deliverables within time constraints with a high volume of work.
- You will develop strong, long-term relationships with brokers and clients to profitably grow a book of business.
- You will be visible internally and externally for assigned territory to drive production, foster broker and client relationships.
- You will communicate WorldRisk risk appetite and value proposition articulately to brokers and clients.
- You will provide superior customer service to brokers and clients.
- You will keep abreast of market intelligence and marketplace developments in assigned territories to determine their effect on current accounts and potential new business opportunities. This knowledge will be shared with your peers and leadership team.
- You will participate in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts, maintain new business submission pipeline and cross selling opportunities from brokers.
- You will update daily underwriting production log to track progress for your assigned book of business.
What you'll need to succeed :
3+ years of relevant professional experience; Insurance experience preferred.Bachelor's degree from a four-year college or university.Excellent interpersonal, analytical, verbal and written communication skills.Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment. This includes time management skills.Ability to work in dynamic environment, adapt to changing requirements and collaborate with a wide range of colleagues to quickly deliver solutions.Ability to adapt quickly in an evolving market.Enjoys a challenge with a "can-do" attitude, willingness to be flexible and learn on the job.Proven ability to build and maintain strong professional relationships.Highly motivated and results oriented.Detailed-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.Takes initiative on projects and assignments, seeks alternative solutions when necessary.Ability to facilitate cross-function collaboration, especially regarding technical aspects.Exposure and / or working knowledge of Property, Casualty or preferable ancillary lines of business (i.e. Excess, Environmental, Primary Casualty, Accident & Health, Kidnap & Ransom) including product features, forms, regulatory environments, and risks is a preferred.Demonstrated sales, marketing, negotiation, and relationship building experience.Customer and Sales orientated behaviors : motivated, tenacious, technically skilled, proactive and accountable.Ready to take your career to the next level? We would love to hear from you.