Ocean Cargo Underwriting Specialist

Your Future Team:

Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world’s leading insurance provider. We believe that our success depends on building a world class team. If you would like to be a part of our team, we invite you to consider putting your talents to work with AIG in our Marine Underwriting division as an Underwriting Specialist.

Position Summary:

The Underwriting Specialist will contribute to the growth of the business by underwriting Ocean Cargo products under general direction from the product CUO, performing highly technical complex assignments within area of expertise. Responsible for new and renewal business production and building and maintaining strategic client and broker relationships.

Duties and Responsibilities:

• Establishing new business production goals and submission flow relative to the book of business
• Driving a culture that promotes collaboration, innovation, diversity and inclusion; attracting and developing talent
• Collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers
• Providing technical direction to management, less senior specialists, producers, and claims adjusting colleagues
• Managing a book of business and input to the budget relative to regional budget/goals
• Providing superior customer service to brokers and clients
• Accepting, declining or modifying new and renewal submissions: identifying exposures and analysis required to underwrite an account, as well as the coverage policies;  determining the exposures to loss assumed and restricted by the insuring agreements and the exclusions
• Developing and implementing pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and underwriting strategy

What we are looking for:

• Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
• Minimum 7 years of Commercial Insurance Company, Agency or Brokerage experience
• Must be detail-oriented, possess critical thinking skills, decision making based on level of authority, problem solving, competent using analytical tools and technology
• Have a strong financial understanding, appetite for learning about the industry, negotiating and focused on profitable outcomes
• Excellent communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
• Bachelor’s degree from a four-year college or university preferred
• Advanced working knowledge of Marine lines of business, with a technical understanding of Ocean Cargo including product features, forms, regulatory environments and associated risks, etc.  

The base salary range for this position is $90,000 - $120,000 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: Benefits Overview.

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

 

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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: https://www.aig.com/about-us/diversity-equity-and-inclusion

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 [email protected].   Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

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