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Underwriter II, Corporate Accounts
Underwriter II, Corporate AccountsAIG • Chicago, IL, US
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Underwriter II, Corporate Accounts

Underwriter II, Corporate Accounts

AIG • Chicago, IL, US
15 days ago
Job type
  • Full-time
Job description

Underwriter II, Corporate Accounts

This role will be an ideal opportunity to develop your experience and expertise with AIG's Primary Accounts Casualty Group.

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty 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.

This role will focus on underwriting new and renewal business to help drive the profitable growth of our Primary Casualty group.

  • You will be responsible for assessing / analyzing the desirability of risk by identifying hazards and exposures for new and renewal business.
  • Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, representing AIG at internal and external meetings / broker events, and building new relationships across the market.
  • Utilize authority to underwrite and price loss sensitive (deductible / SIR) and guaranteed cost business for the following lines of business : Workers Compensation, General Liability and Commercial Auto Liability.
  • Work closely with brokers to communicate risk appetite and our value proposition and to understand the deal structures, terms and conditions and products that best meets clients' needs.
  • Work collaboratively with home office, distribution, actuary, claims, loss control, premium audit, credit and legal to develop and maintain a profitable portfolio of primary accounts business.
  • Adhere to underwriting rules and guidelines.
  • Collaborate with other product lines to provide full product support to the client. Strong relationships with brokers to ensure a desirable flow of new business and to maintain renewal business.
  • Participate in business travel as required to support client relationships and foster business development.

What you'll need to succeed

  • Minimum of 3 years experience underwriting Primary Casualty business.
  • CPCU, ARM, or other insurance designations are a plus.
  • Experience in underwriting both Loss Sensitive (deductible / SIR) and Guaranteed Cost program structures.
  • Existing relationships with regions brokers handling Primary Casualty / Upper Middle Market business.
  • Strong communication, networking and relationship building skills.
  • Good organizational and time management skills. Ability to handle multiple tasks concurrently within a face-paced, team-oriented working environment.
  • Customer and Sales orientated behaviors : motivated, tenacious, focused, technically skilled, proactive, and accountable.
  • Strong presentation, negotiation, communication, and business development skills.
  • Strong Analytical and quantitative skills; familiarity with actuarial data and pricing models.
  • Demonstrated ability to generate profitable new business.
  • Ready to take your career to the next level? We would love to hear from you.

    For positions based in Chicago, the base salary range is $75,000 - $100,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits.

    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 what's 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 world's 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

    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 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 AIG's 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 candidatecare@aig.com.

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