Underwriter – Environmental – Retail Casualty
Company | American International Group |
---|---|
Location | New York, NY, USA |
Salary | $68000 – $91000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Junior, Mid Level |
Requirements
- 1+ years of relevant professional experience; Insurance experience preferred.
- Bachelor’s degree from a four-year college or university.
- Working knowledge of financial statements and analysis.
- Excellent interpersonal, communication and analytical skills.
- Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
- Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
- Ability to facilitate cross-function collaboration, especially regarding technical aspects.
- Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
- Takes initiative on projects and assignments, seeks alternate solutions when necessary.
- Highly motivated and results-oriented.
Responsibilities
- Underwrites NA Casualty Products under general supervision, issuing quotes and policies while ensuring standards and compliance guidelines are met.
- Responsible for underwriting a specific line of business within NA Casualty (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty).
- Evaluating, prioritizing, and selecting submissions to be underwritten.
- Identifying risk exposures, special or common hazards, claims experience and appropriate controls.
- Analyzing claims and quantifying losses.
- Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
- Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts.
- Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
- Capturing market intelligence and broker feedback on accounts.
- Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment.
- Demonstrating success in negotiation and building collaborative relationships.
- Appropriately balancing changing priorities based upon underwriting needs and performing within time constraints with a high volume of work.
- Selling and negotiating to achieve bottom line profitability for the Company.
- Contributing to development of producer strategies.
- Developing and maintaining a submission pipeline sufficient to achieve overall production and business mix objective.
- Providing superior customer service to brokers and clients (internal & external).
Preferred Qualifications
- Exposure to NA Casualty products is preferred. (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty)