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Assistant Regional Underwriting Manager, Professional Liability/Cyber, Financial Lines

American International Group, Inc.
Los Angeles, CA
On-siteUSD 130,000 - 175,000 / year

About this role

About the Role At AIG, we are reimagining the way we help customers to manage risk. Join us as Assistant Regional Underwriting Manager, Professional Liability/Cyber, Financial Lines to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. What You'll Do

  • Deliver profitable growth through effective risk selection; rate, coverage and limits management; drive remediation strategies as needed.
  • Manage and develop a team of underwriters; assign work and monitor adherence to underwriting requirements and guidelines.
  • Support the delivery of consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
  • Assist underwriters in executing strategic initiatives; provide support and develop solutions to their issues (system, guidelines, training, reports, new project requests, product amendments).
  • Serve as referral point for field underwriting staff within stated authority; apply knowledge of market and industry to provide guidance on complex risks, exposures, and decisions.
  • Stay abreast of developments in competitive and risk landscapes to determine effect on renewals and new business opportunities.
  • Provide superior customer service to brokers and clients; develop strong, long term relationships to profitably grow a book of business.
  • Work collaboratively with all members of the North America Financial Lines leadership team as well as Actuarial, Legal and Claims departments.
  • Promote a healthy risk culture through staff meetings, trainings, and promotion of regular risk reporting; contribute to a culture of collaboration, innovation, diversity and inclusion; conduct talent acquisition and performance evaluation work.
  • Serve as role model to all colleagues, leading by example as a senior member of the team. What We're Looking For
  • Strategic orientation with ability to manage vision and organizational capability.
  • Commercial in approach; goal-oriented but flexible.
  • Strong influencing and communications skills; able to work across multiple areas both internally and externally.
  • Demonstrable experience formulating initiatives that support broader organizational aims.
  • Experienced in building relationships externally and internally and managing key stakeholder relationships at executive and board level and with clients.
  • Highly developed leadership skills that inspire teams to realize their potential.
  • Ability to challenge effectively both people and portfolio strategy with the ability to effect change where appropriate.
  • External thought leadership.
  • Technical Skills and Experience: 7+ years of Financial Lines Underwriting, Agency or Brokerage experience; Bachelor's degree from a four-year college or university; Advanced knowledge of the Financial Lines business (D&O, EPL, PTL, Fidelity) including product features, forms, regulatory environment and risks.
  • Strong ability to identify, analyze and solve problems; learn rapidly; adapt quickly to change; exercise influence; and manage and prioritize multiple concurrent projects.
  • Strong verbal and written communication skills; ability to work in a dynamic, rapidly changing environment; collaborate with a wide range of colleagues to quickly deliver solutions.
  • Proficient with underwriting analytical tools and technology; matrixed structure experience; travel readiness. Compensation & Benefits
  • For positions based in Los Angeles, the base salary range is $130,000-$175,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
  • Competitive benefits; Total Rewards Program; US Benefits Overview; in-person collaboration culture; emphasis on health, wellbeing, and financial security.

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