Underwriting Manager – Product Recall
| Company | American International Group |
|---|---|
| Location | New York, NY, USA |
| Salary | $118000 – $178000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Minimum 7-9 years of Commercial Insurance Company, Agency, or Brokerage experience.
- Bachelor’s degree from a four-year college or university.
- Strategic orientation, managing vision and purpose, developing organizational capability.
- Results orientation.
- Strong influencing and communications skills.
- Ability to work across multiple areas of company and industries.
- Assessing and developing talent.
- Change management and team leadership.
- Analytical and quantitative skills; familiarity with actuarial data.
- Knowledge of market segmentation, portfolio management, acquisition, and distribution.
- Process and system skills.
- Experience with budgeting and expense control.
Responsibilities
- Manages all Underwriting within a Product Recall.
- Within Product Recall, establishes, implements, and evaluates the production and profitability goals.
- Direct accountability for the business results of Product Recall with respect to profitability, penetration and/or volume.
- Drive and execute the long-term business strategy for Product Recall.
- Serve as a technical expert, exercising technical authority with regards Product Recall.
- Partnering with the leadership, manage annual budget process for Product Recall.
- Within Product Recall, manage monthly forecasts.
- In collaboration with the leadership and HR, implement tools and strategies to attract and retain top industry talent and develop high performing teams.
- Identify areas/positions within team that lack sufficient bench strength, and employees who require additional skills to fill those needs; develop and execute development/training/recruiting platforms/plans to address the deficiencies.
- Establish strong relationships with leadership; create mutual understanding of overall parameters and goals to drive effective execution of business model.
- Interact with all levels of Insurance community.
- Drive a culture that promotes collaboration, diversity, and inclusion.
- Oversee all underwriters within region(s) including managing and evaluating work of staff; makes decisions regarding pay, performance management, development, employment, and staffing.
- Ensures the required standards of governance, systems and controls, and regulatory compliance are established and maintained.
Preferred Qualifications
- Experience managing or leading a team is preferred.