Senior Underwriter Marine

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Environmental, Marine,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.

About the role

What you need to know:

The Marine Sr. Underwriter will demonstrate significant and extensive technical analysis and a great underwriting acumen combined with marketing and sales skills to meet production underwriting goals. This position will be a primary contributor to the development and production of a profitable portfolio, a key member of a high performing team, and overall underwriting and execution for AIG. This position will maintain strong broker and client relationships and be responsible for a sub-set of the overall profitability of the business. Candidates are expected to work effectively in a team environment in addition to working independently to manage a profitable book of new and renewal business.

Responsibilities:

• Underwriting and Operational Excellence

Execute the agreed strategy, business objectives and target profitability

• Maintain consistent underwriting best practices and guidelines to ensure rating and pricing adequacy

• Underwrite new and existing business in accordance with underwriting authority

• Negotiate pricing, terms and conditions & deal structures

• Technically evaluate risks to help achieve profitable growth to the portfolio

• Review and negotiate wordings and coverages

• Identify cross-selling opportunities with different Lines of Business

• Maintain and monitor appropriate aggregate exposure by sub-classes, insureds, and geography

• Ensure that the administration of the document management and workflow systems are carried out in accordance to internal procedures

• Demonstrate a consistent understanding of regulatory and compliance processes

• Act in accordance with all regulatory standards and principles at all times

• Assist in identifying trends in the portfolio, communicating & implementing appropriate measures in order to protect the portfolio from adverse exposures

• Management of a book of business including broker plans, target account lists, pipelines, and action plans for poor performing accounts

• Participate in special underwriting projects as needed

• Focus on Underwriting Profit and Execution

• Distribution / Production

Participate in and lead broker engagement plans, ultimately driving submission flow that specifically fits our desired appetite

• Execute business development and marketing strategies to generate new, and continuously develop existing, business relationships

• Communicate risk appetite and value proposition to brokers

• Provide superior customer service to brokers and clients

• Help to develop products and services to producers

• Collaborate with distribution partners to be visible on a weekly basis

• Team Culture and Market Reputation

Promote collaboration, diversity and inclusion within the team

• Ability to interact and find success in navigating various cultures and situational challenges

• Participate in industry functions and events to further build the Talbot brand identity and marketplace presence

What we’re looking for:

• Relevant and extensive experience in Marine insurance underwriting.

• Bachelors degree: Business Administration or Economics university degree preferred. Master in Marine Insurance will be a Plus.

• Fluent English and Spanish skills (written & spoken)

• Analytical and quantitative skills

• Knowledge of Risks analysis methodologies.

• Outgoing and entrepreneurial personality

• Good communication and interpersonal skills

• Negotiating, communications and presentations skills

• Organizational and timekeeping skills and a strong sense of attention to detail

• Customer focus

• Results driven

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. 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. 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.

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.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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.

Functional Area:

UW - Underwriting:

AIG Europe S.A. (Spain branch)