About this role
Job title: Sr. Underwriter – Marine Cargo, Marine Liability and Contractors Equipment
About the Role The Senior Underwriter will contribute to the growth of the business by underwriting Marine products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. Responsible for underwriting large accounts and building relationships with clients and brokers.
What You'll Do
- Evaluating, prioritizing and selecting submissions to be underwritten
- Delivering strategic account reviews and preparing associated file documentation
- Adhering to underwriting guidelines and discipline
- Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects
- Assisting regional manager and product leaders in developing existing and establishing new broker relationships
- Collaborating with Distribution, Territory Managers, and other line(s) of business to target business development opportunities
- Working with management, brokers, clients, and other partners on deal structure, contract terms and conditions on a portfolio of more complex risks
- Representing AIG at client and broker functions
- Contributing to the development of less experienced staff
- Participating in special underwriting projects as needed
- Providing superior customer service to brokers and clients (internal & external)
What We're Looking For
- Understanding of Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc. with a focus on Transportation and Logistic risks
- Must be detail-oriented, possess analytical, critical thinking and problem solving skills, and be able to make decisions based on level of authority
- Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
- Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
- Financial acumen, appetite for learning about the industry, negotiating skills and a focus on writing profitable business
- Minimum 3 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred; Marine Cargo, Contractors Equipment and Marine Liability experience preferred
- Bachelor's degree from a four-year college or university preferred
Nice to Have
Compensation & Benefits
- Total Rewards Program includes comprehensive benefits focusing on health, wellbeing and financial security, as well as professional development
- In-office collaboration and supportive environment to help teams work effectively and connect with clients