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Executive Underwriter – Primary Casualty

Executive Underwriter – Primary Casualty

CompanyAmerican International Group
LocationNew York, NY, USA
Salary$105000 – $148000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Minimum 7+ years of Commercial Insurance Company, Agency or Brokerage experience.
  • Bachelor’s degree from a four-year college or university.
  • Proven ability to build and maintain strong professional relationships.
  • Advanced working knowledge of the NA Casualty lines of business including product features, forms, regulatory environments and risks etc. (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty)
  • 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.

Responsibilities

  • Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority.
  • Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change.
  • Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
  • Responsible for assigning and managing the work of a team of underwriters.
  • Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
  • Assist underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
  • Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business.
  • Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
  • Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure for complex risks.
  • Develop strong, long term relationships with brokers and clients to profitably grow a book of business.
  • Identify the need for and manage special underwriting projects as needed.
  • Provide superior customer service to brokers and clients.

Preferred Qualifications

    No preferred qualifications provided.