Production Specialist – Excess & Surplus Lines
| Company | American International Group |
|---|---|
| Location | Scottsdale, AZ, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- An undergraduate bachelor’s degree
- Minimum 10 years of Commercial Insurance Company, Agency or Brokerage experience
- Proven ability to build and maintain strong professional relationships
- Working knowledge of US Casualty lines of business including product features, forms, regulatory environments and risks etc, ideally in the Surplus lines or Excess Casualty space
- Demonstrated sales, marketing, and relationship building experience
- Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions
- Willingness to be flexible, learn on the job, and maintain a can-do attitude
- Comfort with analytical tools and technology
Responsibilities
- Independently select, monitor, and price new and renewal business according to Company guidelines per Underwriter’s level of authority as outlined in individual ‘Authority Letter’
- Evaluate and price risks according to guidelines
- Develop strong, long term relationships with wholesale brokers and clients to profitably grow a book of business
- Negotiate pricing, terms and conditions, & deal structure with brokers
- Participate in special underwriting projects as needed
- Provide superior customer service to brokers and clients
- Market our products and services and travel accompanied to assigned agents as required
- Communicate with agents regarding rating, underwriting and policy issuance issues
- Initiate, coordinate and implement projects to completion such as revised forms, new coverages/classes, research, and underwriting guide revisions
- Independently underwrite risks of any level of complexity
- Implement work systems and procedures. Suggest improvements whenever necessary
- Assist in the evaluation of agents and make recommendations to management
- Use various underwriting tools available to you to gain a deeper understanding of your portfolio in order to predict and root out poor performing products and lines of business. Identify loss drivers and determine solutions to grow a profitable mix of business
- Represent the company in a professional manner at industry functions, conventions, and corporate events
- Advise, make recommendations to and generally assist the Line of Business leader in the development and administration of the company’s technical underwriting philosophies, objectives and product pricing
- Collaborate with other functional divisions to improve service and process efficiencies
- Make recommendation to Line of Business leader regarding analysis of statistical information provided by data processing and industry services to improve our underwriting and profitability
- Assist underwriters with quotes, problems, workflow, projects, etc.
Preferred Qualifications
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No preferred qualifications provided.