Underwriting Technician

Underwriter Technician

This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance - or this could be your entry into underwriting if you have transferable skills.

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.

Talbot U.S., a leading U.S.-based Lloyd's Coverholder/MGA writing on behalf of its parent company, Talbot Underwriting Ltd. (Syndicate 1183), both wholly owned subsidiaries of AIG, is strengthening its leadership position in the E&S market by expanding its team, product, and reach. We aspire to make Talbot the best in the industry for all of our specialty products and services; driving an end-to-end business that delivers exceptional outcomes for our brokers and clients. Talbot is the premier home of global specialized underwriters, addressing the most challenging risks in the market, providing thought leadership and innovative solutions, working to solve our client's needs as quickly as possible.

An Underwriting Technician will handle all day-to-day administrative duties for the underwriting team, including data entry, issuing debit notes, document management, policy issuance, and other record keeping as-needed. This position is very important for the team to execute well and requires attention to detail. In addition to internal administrative duties, the UT will also be communicating with our brokers/clients, and as such, will show an ability to represent the Company and team strongly in the market. Candidates are expected to work effectively in a team environment, learn from others, and execute on provided instructions.

How you will create an impact:

• Operational Excellence

• Maintain consistent best practices and guidelines to ensure the team execute its plan

• Assist Underwriters in carrying out their duties and generally assist in the efficient running and management of the team

• Constant communication with Underwriters to ensure completing of written business

• Responsible for the accuracy and timely transmission of all necessary binding documentation within deadlines

• Ensure that all checklist requirements are met for each bound account

• Once bound make account "live" in the Underwriting System

• Maintain and load all documents into the Document Management System on a timely basis

• Enter endorsements, declarations, lists, quotes, declinatures and promised lines into the System

• Make necessary broker calls and or email to ensure completing of those accounts

• Maintaining the "not taken up/declined + active" accounts filing system

• Master the Underwriting System input and interface

• Interaction with brokers as part of the underwriting process

• Preparing of marketing materials and presentations

• Development and production of monthly ad hoc reports as necessary

• Provide assistance to the Operations and Finance department with resolving premium discrepancies and annual audit process with information gathering and requests

• Adhere to Risk Management and Sarbanes-Oxley guidelines and escalate any issues to the Operations Manager

• Participate and assist with testing and feedback of new systems development

• Expense report preparation

• Travel arrangements

• Assist in ensuring other underwriters with the U.S. team underwrite in accordance with underwriting authority

• Ensure accuracy in the administration of the document management and workflow systems, as well as the maintenance of files and records and peer review is carried out in accordance to internal procedures

• Ensure that premium entries in the Company's systems are reviewed and accurately maintained in accordance with applicable procedures

• Ensure no errors or omissions of risks are entered into the system

• Act in accordance with all regulatory standards and principles at all times

• Maintain a good understanding of the underwriting philosophy, criteria and risk appetite of the team

• Collaborate

• Collaboration with Underwriters to prepare procedures to improve the process for the department

• Team Culture

• Do your part to help maintain and build-on our diverse and inclusive team

• Ability to interact and find success in navigating various cultures and situational challenges

What you will need to succeed:

• 1+ year insurance experience, preferred, but not required

• Skills:

• Willingness to be flexible, learn on the job, and maintain a can-do attitude

• Comfort with analytical tools and technology

• Excellent interpersonal, communication, and presentation skills

• Ability to share knowledge with other team members and assist in their development

• Proficiency with the Microsoft Office Suite of applications

• Organizational and timekeeping skills and a strong sense of attention to detail are essential

• The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters

• Education

• Bachelor's degree strongly preferred, but not required

• For positions based in New York City, the base salary range is $51,000-$70,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.

#LI-AR1

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 (%): No Travel

Relocation Provided: No

AIG PC Global Services, Inc.