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LexPro – Underwriting Specialist

American International Group

This is a Full-time position in Jersey City, NJ posted November 21, 2021.

Underwriting Specialist

Summary:

To market and underwrite for acceptable business in accordance with established, written underwriting guidelines.

Demonstrate expertise in designated product lines and leadership capabilities within the department.

Job Description:

  • Independently select, monitor, and price new and renewal business according to Company guidelines per Underwriter’s level of authority as outlined in individual “Authority Letter”.
  • Develop and execute on strategies around premium growth, distribution, and target loss ratios.
  • Report to management with book metrics and trends in the MPL/Cyber market including pricing, coverage, emerging exposures and claims
  • Market our products and services and travel accompanied to assigned agents as required. 
  • Communicate with agents regarding rating, underwriting and policy issuance issues.
  • Lead training of support staff, interns and PAs within the team as well as within the Department. 
  • Lead, implement, and coordinate special projects and timetables such as revised forms, new coverages/classes, research, and Underwriting Guide revisions. 
  • Plan, coordinate and implement in-house education training or other company functions. 
  • Represent the company in a professional manner at industry functions, conventions, and corporate events. 

What we are looking For:

  • An undergraduate degree
  • 10+ years of Commercial Insurance Company, Agency or Brokerage experience, within the Professional Liability space.
  • Proven ability to build and maintain strong professional relationships
  • Working knowledge of US Professional Liability lines of business including product features, forms, regulatory environments and risks etc.
  • Demonstrated sales, marketing, and relationship building experience, ideally with the Wholesale marketplace
  • 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

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer.

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.

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:

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.

In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG’s COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG.

Exemptions may be considered on a case by case basis.

Functional Area:

UW
– UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoLexington Specialty Insurance Agency, Inc.

We’re a leading global insurance organization with operations in approximately 80 countries and jurisdictions.

We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.

What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty.

Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.

We’re also committed to doing the right thing for our people and the communities where we work and live.

It’s why we seek to offer what matters to our ever-diversifying team
– like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change.

We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Join our Talent Network .

Additional information about AIG can be found at  | YouTube | Twitter | LinkedIn .

These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.