Underwriting Specialist
Company | American International Group |
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Location | Los Angeles, CA, USA |
Salary | $97000 – $134000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Mid 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