Underwriting Specialist - Western World
AIG
- Scottsdale, AZ
- Permanent
- Full-time
- 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.
- Train and mentor underwriting staff as well as review, and when necessary, approve underwriting decisions.
- Initiate, coordinate and implement projects to completion such as revised forms, new coverages/classes, research, and underwriting guide revisions.
- Assist in planning, coordinating, and implementing in-house education training or other company functions.
- 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.
- 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 recommendations to the Line of Business leader regarding the 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.
- An undergraduate bachelor’s degree preferred
- Minimum 8+ 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