What are the responsibilities and job description for the UNDERWRITING SPECIALIST, PRODUCT RECALL position at AIG?
At AIG, we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.
How you will create an impact
- The role will be responsible for underwriting Product Recall.
- Develops and manages underwriting strategies for both renewals and prospects within his / her portfolio of accounts. This includes knowledge of the current market penetration of Product Recall and the development of specific plans to increase portfolio share.
- Develops and implements negotiation strategies. Makes independent sales calls to market and cross-market products. Identifies target markets, designs, and implements strategies for lead development and builds prospect lists.
- Provides technical direction to management, less senior specialists, underwriters, producers, and claims adjusting personnel.
- Communicate risk appetite and Product Recall Value Proposition to brokers.
- Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
- Rapidly evaluate, prioritize, and select submissions to be underwritten.
- Recognize and create cross sell opportunities for other Commercial products.
- Work with broker to understand the deal structure, terms, and AIG Services that best meets clients needs.
- May review, evaluate and make recommendations to underwriting guidelines.
- May direct or conduct internal underwriting audits.
- Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
- Participate in special underwriting projects as needed.
- Develop strong, long-term relationships with brokers and clients to profitably grow a book of business.
- Will identify cross selling opportunities.
- Provide superior customer service to brokers and clients.
What youll need to succeed
For positions based in New York City, the base salary range is $100,000 - $125,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Were proud to offer a range of competitive benefits, a summary of which can be viewed here : AIG Benefits Overview. (https : / / sprcdn-assets.sprinklr.com / 248 / 0a780968-b61c-4521-b06e-ffe3eb552e83-228292781 / New_Hire_Benefits_Overview_202.pdf)
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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 whats 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 securityas well as your professional developmentto 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 worlds 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
Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .
Functional Area : UW - Underwriting
Estimated Travel Percentage (%) : Up to 25%
Relocation Provided : No
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