Join us as Head of Financial Institutions Alternative Markets Financial Lines to play a key leadership role that will drive business growth.
Make you 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.
How you will create an impact
Leader of two or more product lines within a territory and/or two or more territories within a product line for Financial Lines. This position also handles referral decisions for complex risks in the portfolio. This role takes on a strategic component in the development implementation and evaluation of all underwriting strategies and guidelines within a region including pricing marketing staff business development renewals budget/expenses and new product development.
Manages product line to desired objectives making decisions in response to market conditions and provides necessary training within their respective zone.
Plans manages and evaluates work of staff; makes decisions regarding pay performance management development employment and staffing.
Responsible for local decision making while ensuring the consistent execution of strategic initiatives.
Handle referrals on difficult and/or unique risks or larger more sophisticated deals within stated authority.
Management of relationships between local customers and distribution partners.
Collaborates with Zone Executive and Underwriting Managers to develop and execute a local strategic vision.
Responsible for driving talent management including but not limited to: attracting managing developing and retaining talent
Facilitate local decision making while ensuring the consistent execution of strategic initiatives.
Assesses underwriting skills of underwriters delegating underwriting authority based on demonstrated skills and creates a plan to increase underwriting technical capabilities
Drive consistent underwriting best practices and guidelines in accordance with underwriting guidelines to ensure rating pricing profitability and structuring adequacy.
Apply deep knowledge of market and industry to advise others and provide guidance in regards to complex risks exposures and decisions
Ensure effective utilization of detailed monitoring standards including quality reviews and self-audits to assess underwriting results and compliance.
Execution of division marketing strategy and representing AIG in the marketplace.
Ownership of relationships between insureds and distribution partners in the territory
Lead unit to achieve established goals and objectives for penetration volume and profitability. Collaborate with Underwriting Claim Actuarial Legal Regulatory and Product Development to maintain the highest standards of product line profitability marketability and regulatory compliance
Drive a culture that promotes collaboration innovation diversity and inclusion; successfully conduct talent acquisition employee engagement and performance monitoring/evaluation work; lead by example
What youll need to succeed
Leadership Skills:
Ability to exercise good judgment professionalism and diplomacy in decision making in individual and group interactions
Strong initiative drive and entrepreneurial spirit
Strategic orientation managing vision and purpose developing organizational capability.
Talent assessment and development for bench strength and succession planning.
Proven collaborative leadership skills.
Strong influencing and communications skills and ability to work across multiple areas of company and industries.
Change management and team leadership.
External thought leadership.
Technical Skills and Experience:
10 years of Financial Lines Underwriting Agency or Brokerage experience.
Bachelors degree from a four-year college or university.
Advanced knowledge of the US Financial Lines business (D&O EPL PTL Cyber Fidelity) including product features forms regulatory environment and risks etc.
Strong ability to identify analyze and solve problems as well as the ability to learn rapidly adapt quickly to change exercise influence and manage and prioritize multiple concurrent projects
Ability to exercise judgment negotiate and make sound business decisions effectively based on level of authority
Very strong verbal and written communication skills.
Ability to work in dynamic rapidly changing environment adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
Knowledge of market segmentation portfolio management acquisition and distribution.
Experience with budgeting and expense control.
Experience managing or leading a team and/or a P&L
Ready to step up to new challenges We would love to hear from you.
Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive addition 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:
Required Experience:
Director