Underwriting Specialist - Western World

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriting Specialist, Western World 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, Multinational Clients, and High Net Worth individuals. 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.

Get to know the business - Western World

Western World has been providing commercial brokers with admitted and non-admitted insurance solutions for over a half century. Our experience in the small bind and brokerage, and middle market accounts broadens AIG's abilities to solve problems for our brokers. And combined with the capabilities of Lexington Insurance, we can now provide non-admitted solutions from Main Street to Wall Street. Western World is headquartered in Parsippany, New Jersey.

Join us as an Underwriting Specialist, Western World to play a highly influential role in protecting our clients and growing our business.

How you will create an impact

• 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 strong, long term relationships with wholesale brokers and clients to profitably grow a book of business

• Negotiate pricing, terms and conditions, & deal structure with brokers

• Market our products and services and travel accompanied to assigned agents as required.

• Train and mentor underwriting staff as well as review, and when necessary, approve underwriting decisions.

• Assist in planning, coordinating, and implementing in-house education training or other company functions.

• Independently underwrite risks of any level of complexity.

• Use various underwriting tools available to you to gain a deeper understanding of your portfolio in order to predict and root out poor performing products and lines of business. Identify loss drivers and determine solutions to grow a profitable mix of business.

• Advise, make recommendations to and generally assist the Line of Business leader in the development and administration of the company's technical underwriting philosophies, objectives and product pricing.

• Make recommendations to the Line of Business leader regarding the analysis of statistical information provided by data processing and industry services to improve our underwriting and profitability.

What you'll need to succeed

• An undergraduate bachelor's degree preferred

• Minimum 8+ years of Commercial Insurance Company, Agency or Brokerage experience

• Working knowledge of US Casualty lines of business including product features, forms, regulatory environments and risks etc, ideally in the Surplus lines or Excess Casualty space

• Demonstrated sales, marketing, and relationship building experience

• 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

Ready to lead by example? We would love to hear from you.

Veterans are encouraged to apply

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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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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.

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Western World Insurance Company