Underwriting Specialist, Retail Property

AIG Insurance

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profile Job Location:

Chicago, IL - USA

profile Monthly Salary: $ 105000 - 130000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Join us in Retail Property to take your Underwriting career to the next level with a global market leader.

Make your mark in Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial

Lines Property Casualty Specialty Lines Cyber and Multinational Clients. 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.

Reporting to the Zonal Underwriting Manager or Underwriting Manager this role will be primarily responsible to execute the geographic underwriting strategy for Retail Property.

How you will create an impact

  • The role will be responsible for underwriting Retail Property products.

  • Develops and manages underwriting strategies for both renewals and prospects within his/her portfolio of accounts. This includes knowledge of the current market penetration of Retail Property products and the development of specific plans to increase portfolio share.

  • Develops and implements negotiation independent sales calls to market and cross-market products. Identifies target markets designs and implements strategies for lead development and builds prospect lists.

  • Provides technical direction to management less senior specialists underwriters producers and claims adjusting personnel.

  • Communicate 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.

  • Rapidly evaluate prioritize and select submissions to be underwritten.

  • Recognize and create cross sell opportunities for other Commercial products.

  • Work with broker to understand the deal structure terms and AIG Services that best meets clients needs.

  • May review evaluate and make recommendations to underwriting guidelines.

  • May direct or conduct internal underwriting audits.

  • Negotiate pricing terms & conditions and deal structure with brokers and clients.

  • Participate in special underwriting projects as needed.

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

  • Will identify cross selling opportunities.

  • Provide superior customer service to brokers and clients.

What youll need to succeed

  • Minimum 5 years of Commercial Insurance Company Agency or Brokerage experience.

  • Bachelors degree from a four-year college or university.

  • Proven ability to build and maintain strong professional relationships.

  • Advanced working knowledge of the Retail Property lines of business including product features forms regulatory environments and risks etc.

  • Demonstrated sales marketing and relationship building experience.

  • Very strong verbal and written communication skills.

  • Highly motivated and results-oriented.

  • 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.

  • Expert with underwriting analytical tools and technology.

Ready to step up to new challenges We would love to hear from you.

For positions based in Chicago the base salary range is $105000 - $130000. In addition the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Were proud to offer a range of competitive benefits a summary of which can be viewed here: US Benefits.

#LI-AIG

At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.

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 whats 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 securityas well as your professional developmentto 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 worlds 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 inclusion

Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs 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 .

Functional Area:

UW - Underwriting

Risk Specialists Companies Insurance Agency Inc.


Required Experience:

IC

Join us in Retail Property to take your Underwriting career to the next level with a global market leader.Make your mark in UnderwritingAIG Underwriting teams help to find insurance solutions in areas including FinancialLines Property Casualty Specialty Lines Cyber and Multinational Clients. We arer...
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