Job title: Senior Underwriter – Ocean Marine
Company: AIG
Job description: Position Summary:
The Underwriting Specialist will contribute to the growth of the business by underwriting Ocean Marine products under general direction, performing highly technical complex assignments within area of expertise. Responsible for large accounts building, maintaining strategic client and broker relationships, and developing new business submissions.
Duties and Responsibilities:
- Providing technical direction to management, less senior specialists, producers, and claims adjusting colleagues
- Accepting, declining or modifying new and renewal submissions: identifying exposures and analysis required to underwrite an account, as well as the coverage policies; determining the exposures to loss assumed and restricted by the insuring agreements and the exclusions
- Completing strategic account and portfolio reviews
- Managing a book of business and input to the budget relative to regional budget/goals
- Establishing new business production goals and submission flow relative to the book of business
- Collaborating with North American Marine Leadership, Distribution, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers
- Developing and implementing pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and underwriting strategy
- Providing superior customer service to brokers and clients
- Represent AIG at Client and Broker meetings and functions.
- Driving a culture that promotes collaboration, innovation, diversity and inclusion; attracting and developing talent
What we are looking for:
- Advanced working knowledge of Ocean Marine line of business with a technical understanding of Cargo and or Marine Liabilities including product features, forms, and associated risks, etc.
- Must be detail-oriented, possess critical thinking skills, decision making based on level of authority, problem solving, competent using analytical tools and technology
- Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
- Excellent communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
- Have a strong financial understanding, appetite for learning about the industry, negotiating and focused on profitable outcomes
- Post-Secondary education and or Canadian Insurance Professional designation.
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We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
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Functional Area: UW – Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Insurance Company of Canada
Expected salary:
Location: Toronto, ON
Job date: Sun, 08 Oct 2023 02:01:34 GMT