Senior Underwriter Marine
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Senior Underwriter Marine
Make your mark in Underwriting
AIG underwriting teams help to find insurance solutions in areas including Financial Lines Property Casualty Environmental MarineSpecialty 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.
About the role
What you need to know:
The Marine Sr. Underwriter will demonstrate significant and extensive technical analysis and a great underwriting acumen combined with marketing and sales skills to meet production underwriting goals. This position will be a primary contributor to the development and production of a profitable portfolio a key member of a high performing team and overall underwriting and execution for AIG. This position will maintain strong broker and client relationships and be responsible for a sub-set of the overall profitability of the business. Candidates are expected to work effectively in a team environment in addition to working independently to manage a profitable book of new and renewal business.
Responsibilities:
Underwriting and Operational Excellence
Execute the agreed strategy business objectives and target profitability
Maintain consistent underwriting best practices and guidelines to ensure rating and pricing adequacy
Underwrite new and existing business in accordance with underwriting authority
Negotiate pricing terms and conditions & deal structures
Technically evaluate risks to help achieve profitable growth to the portfolio
Review and negotiate wordings and coverages
Identify cross-selling opportunities with different Lines of Business
Maintain and monitor appropriate aggregate exposure by sub-classes insureds and geography
Ensure that the administration of the document management and workflow systems are carried out in accordance to internal procedures
Demonstrate a consistent understanding of regulatory and compliance processes
Act in accordance with all regulatory standards and principles at all times
Assist in identifying trends in the portfolio communicating & implementing appropriate measures in order to protect the portfolio from adverse exposures
Management of a book of business including broker plans target account lists pipelines and action plans for poor performing accounts
Participate in special underwriting projects as needed
Focus on Underwriting Profit and Execution
Distribution / Production
Participate in and lead broker engagement plans ultimately driving submission flow that specifically fits our desired appetite
Execute business development and marketing strategies to generate new and continuously develop existing business relationships
Communicate risk appetite and value proposition to brokers
Provide superior customer service to brokers and clients
Help to develop products and services to producers
Collaborate with distribution partners to be visible on a weekly basis
Team Culture and Market Reputation
Promote collaboration diversity and inclusion within the team
Ability to interact and find success in navigating various cultures and situational challenges
Participate in industry functions and events to further build the Talbot brand identity and marketplace presence
What were looking for:
Relevant and extensive experience in Marine insurance underwriting.
Bachelors degree: Business Administration or Economics university degree preferred. Master in Marine Insurance will be a Plus.
Fluent English and Spanish skills (written & spoken)
Analytical and quantitative skills
Knowledge of Risks analysis methodologies.
Outgoing and entrepreneurial personality
Good communication and interpersonal skills
Negotiating communications and presentations skills
Organizational and timekeeping skills and a strong sense of attention to detail
Customer focus
Results driven
We are an Equal Opportunity Employer
It has been and will continue to be the policy of American International Group Inc. its subsidiaries and affiliates to be an Equal Opportunity Employer. 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. 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.
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 - UnderwritingAIG Europe S.A. (Spain branch)Required Experience:
Senior IC
