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Underwriting Specialist

Underwriting Specialist

CompanyAmerican International Group
LocationLos Angeles, CA, USA
Salary$97000 – $134000
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • Experience in the Inland Marine insurance market preferred; will consider a background in Property Underwriting
  • Bachelor’s degree from a four-year college or university
  • Advanced working knowledge of the Inland Marine of business including product features, forms, regulatory environments and risks etc.
  • Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
  • Ability to analyze policy wordings
  • Demonstrated knowledge of current market conditions, trends and the ability to leverage that knowledge to give us right to win
  • Relationships with tier 1 and 2 brokers and the ability to develop new relationships
  • Demonstrated sales, marketing, and relationship building experience.
  • Strong verbal and written communication skills
  • Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline
  • Willingness to travel 25% of the time

Responsibilities

  • Underwriting and managing an existing book of Inland Marine risks and developing and underwriting a pipeline of new business opportunities across the country
  • Collaborating with peers in other regions and providing technical underwriting support on existing accounts in those regions, ensuring a consistent approach to market throughout the country.
  • Negotiate terms and conditions with brokers and clients
  • Communicating our value proposition with our brokers and clients and demonstrating our right to win
  • Identifying future industry trends, understand how they will impact ours our client’s business and developing new strategies around those trends
  • Communicating to internal stakeholders on the profitable of the portfolio
  • Providing superior customer service to brokers and clients.
  • Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
  • Participating in special underwriting projects as needed.

Preferred Qualifications

  • Experience in the Inland Marine insurance market preferred; will consider a background in Property Underwriting