Senior Underwriter, Retail Property

Company: American International Group
Location: Chicago
Posted on: November 13, 2024

Job Description:

Senior Underwriter, Retail Property
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, Retail Property 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 AIG's Retail Property division.
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.
How you will create an impact

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• Responsible for underwriting Retail Property products and communicating risk appetite and Retail Property Value Proposition to brokers.
  
• Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
  
• Recognize and create cross selling opportunities for other AIG General Insurance products.
  
• Collaborate with brokers to understand deal structures, terms, and AIG Services that best meet clients' needs.
  
• Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
  
• Develop strong, long-term relationships with brokers and clients to profitably grow a book of business.
  
• Work with your manager to develop an individual business plan that aligns with product strategies.
  
• Maintain risk selection in adherence with product guidelines and achieve rate, renewal retention, and new business goals.
  
• Provide mentoring and training to less experienced underwriters.
  
• Provide superior customer service to brokers and clients.
  
  What you'll need to succeed
  
  • 
    
  • Minimum 3+ years of Commercial Insurance Company, Agency, or Brokerage experience.
    
  • Advanced working knowledge of lines of business in a specific Retail Property line including product features, forms, regulatory environments, and risks.
    
  • Bachelor's degree from a four-year college or university.
    
  • Proven ability to build and maintain strong professional relationships.
    
  • Demonstrated sales, marketing, and relationship building experience.
    
  • Very strong verbal and written communication skills.
    
  • Highly motivated and results oriented.
    
  • Ability to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
    
  • Comfort with analytical tools and technology.
    
    Ready to accelerate your career? We would love to hear from you.
    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.
    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). 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
    About Us
    At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day. Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.
    But we also do the same thing for our employees, because we know our people are our greatest strength-the source of every insight, every idea, and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together.
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Keywords: American International Group, Schaumburg , Senior Underwriter, Retail Property, Other , Chicago, Illinois