Excess Casualty Underwriter
7 days ago
At AIG, we're reimagining the way we help customers manage risk. As an Excess Casualty Underwriter, you'll play a key role in this transformation. You'll have the opportunity to grow your skills and experience as a valued member of our team.
Make a difference in Excess Casualty
AIG's Underwriting teams help find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We're 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.
Your impact:
- Manage and underwrite a book of excess casualty Fortune 1000 accounts within budgeted GWP and profitability thresholds
- Adhere to authority levels and ensure adequate and timely file management in accordance with Department guidelines
- Effectively negotiate terms, conditions, and premiums with our Bermuda Brokers
- Conduct client meetings in a polished and professional manner
- Ensure underwriting files are kept in a neat and organized manner with thorough documentation adhering to all AIG and AIG Cat Excess audit guidelines
- Maintain good time management skills and lead by example with proper punctuality and timeliness
- Adhere to AIG's code of conduct
- Adhere to all Underwriting Authority guidelines
- Maintain and promote a professional work environment
- Maintain and expand broker relationships through marketing calls and superior service
- Organize, respond to, quote, and manage all submission and renewal activity
- Cross-market with Cat Excess Financial Lines team, US and London excess casualty teams
- Adhere to AIG Cat Excess underwriting guidelines, including AIG best practices
- Ensure quality and timely file management
- Any other duties as assigned
What you'll need to succeed:
- A Bachelor's Degree, preferably in insurance or a related field with a minimum of three (3) years of brokering and/or underwriting Fortune 1000 accounts
- Experience in the Bermuda Insurance market preferred
- Detailed technical knowledge in excess casualty exposures, coverage, and pricing
- Excellent verbal and written communication skills at all levels of the organization and the ability to interact personally with all levels of staff
- Strong knowledge and experience in working Windows-based applications, particularly Excel, Word, Access, and Microsoft Outlook
- Maintain a professional appearance and demeanor at all times
- Self-motivated with the ability to work effectively and independently without direct supervision
- Strong ability to organize and prioritize demanding workloads with a commitment to meeting deadlines
- Proven ability to make sound underwriting decisions
- Must be willing to work overtime (including evenings, weekends, and holidays as necessary)
Ready to take your career to the next level? We'd love to hear from you.
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're one of the world's most far-reaching property casualty networks. It's an exciting time to join us – across our operations, we're 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 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). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we're 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 - UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoAmerican International Co Ltd.-
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