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Underwriting Specialist, Retail Property
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AIG At AIG, we are reimagining the way we help customers to manage risk. As an Underwriting Specialist, Retail Property, you will play a part in that transformation and have the opportunity to grow your skills as a valued member of the team. How You Will Create An Impact The Underwriting Specialist will report to the Zonal Underwriting Manager and will be primarily responsible to execute the geographic underwriting strategy for Retail Property. Responsibilities
The role will be responsible for underwriting Retail Property products. 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 Retail Property products 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 Retail Property 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. Identify cross selling opportunities. What You’ll Need To Succeed
Minimum 5 years of Commercial Insurance Company, Agency, or Brokerage experience. Bachelor’s degree from a four-year college or university. Proven ability to build and maintain strong professional relationships. Advanced working knowledge of the Retail Property lines of business including product features, forms, regulatory environments, and risks. Demonstrated sales, marketing, and relationship building experience. Strong verbal and written communication skills. Highly motivated and results oriented. Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions. Expert with underwriting analytical tools and technology. For positions based in Los Angeles, California, the base salary range is $115,000-$135,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we offer a range of competitive benefits. At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. Benefits and Culture
We offer a Total Rewards Program, a comprehensive benefits package focused on health, wellbeing, financial security, and professional development. AIG is a global leader in commercial and personal insurance solutions; we are committed to inclusion and belonging, with Employee Resource Groups (ERGs) and ongoing learning opportunities. 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. We are committed to providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please email candidatecare@aig.com. We consider qualified applicants with criminal histories, consistent with applicable law. Functional Area: UW - Underwriting Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales | Industries: Insurance We are actively looking to fill this role in Los Angeles, CA.
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Underwriting Specialist, Retail Property
role at
AIG At AIG, we are reimagining the way we help customers to manage risk. As an Underwriting Specialist, Retail Property, you will play a part in that transformation and have the opportunity to grow your skills as a valued member of the team. How You Will Create An Impact The Underwriting Specialist will report to the Zonal Underwriting Manager and will be primarily responsible to execute the geographic underwriting strategy for Retail Property. Responsibilities
The role will be responsible for underwriting Retail Property products. 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 Retail Property products 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 Retail Property 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. Identify cross selling opportunities. What You’ll Need To Succeed
Minimum 5 years of Commercial Insurance Company, Agency, or Brokerage experience. Bachelor’s degree from a four-year college or university. Proven ability to build and maintain strong professional relationships. Advanced working knowledge of the Retail Property lines of business including product features, forms, regulatory environments, and risks. Demonstrated sales, marketing, and relationship building experience. Strong verbal and written communication skills. Highly motivated and results oriented. Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions. Expert with underwriting analytical tools and technology. For positions based in Los Angeles, California, the base salary range is $115,000-$135,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we offer a range of competitive benefits. At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. Benefits and Culture
We offer a Total Rewards Program, a comprehensive benefits package focused on health, wellbeing, financial security, and professional development. AIG is a global leader in commercial and personal insurance solutions; we are committed to inclusion and belonging, with Employee Resource Groups (ERGs) and ongoing learning opportunities. 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. We are committed to providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please email candidatecare@aig.com. We consider qualified applicants with criminal histories, consistent with applicable law. Functional Area: UW - Underwriting Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales | Industries: Insurance We are actively looking to fill this role in Los Angeles, CA.
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