Senior Underwriter, Manufacturers & Airports - Aerospace - American International Group

Senior Underwriter

Join us as a Senior Underwriter to make a greater impact through your technical expertise and people skills. This could be the ideal chance to step up into your first Senior level role.

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

• Working in the ‘Manufacturers & Airline’ product tower and part of a team of 12, you will be asked to help retain our products liability business as well as grow the business in our CORE areas (component products, 2nd & 3rd tier manufacturers)
• Gather, analyze and evaluate aviation risk exposure through appropriate risk documentation.  Be flexible to changing risk appetites.
• Apply knowledge and understanding of:  policy forms, endorsements, coverages, rating plans, underwriting guidelines and general market conditions in the selection and pricing of individual risks.
• Ensure adequate pricing of individual risks through proper classification while maintaining high accuracy of information and adhering to company underwriting standards.
• Answer incoming requests from brokers and agents responding to inquiries on submissions, coverage and certificate requests. 
• Conduct outbound communication and follow-up work to brokers and agents required to close out inquiries and all business transactions.
• Work within specific authority level to quote, accept, decline, modify and renew risks in accordance with accepted underwriting guidelines. Work with management and senior management to seek higher underwriting authority when working outside personal authority levels. 
• Have a thorough understanding of the company issued underwriting manual. 
• Make adjustments to policy information based upon prescribed authority for various lines of business. 
• Work in unison with other departments, business development and account managers to grow and maintain a profitable book of business.
• Provide guidance to other departments regarding various underwriting criteria when needed to effectively cross sell opportunities.   
• Effectively communicate underwriting appetite to brokers and agents.
• Reinforce the ease of doing business with AIG by meeting or exceeding expectations and service quality on a consistent basis.
• Develop and maintain effective working relationships with internal and external customers. Communicate openly and in a timely fashion.
• Participate in the development of team goals and work diligently to achieve them. Support all team decisions.
• Conduct broker and agent visits as required.
• Assist underwriters and staff for positive growth and team cohesiveness. 
• Visit all assigned agents on a monthly basis. Travel is required up to 25% of the time.

What you’ll need to succeed

• Bachelor’s degree required.  Aviation specialization preferred.
• Private pilot’s license preferred
• Preferred knowledge in Major Products, and/or Component Products, Airports and Airport Service providers
• Demonstrate general proficiency in desktop tools and underwriting systems
• Demonstrate ability to effectively communicate with internal and external customers and peers.

For positions based in New York City, the base salary range is $82,000- $110,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.

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Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG AEROSPACE INSURANCE SERVICES INC