Construction Casualty Leader at AIG

Atlanta, Georgia, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Minimum 10+ years' experience in Commercial Casualty E&S underwriting
Ability to underwrite Casualty risks across the spectrum of E&S Casualty business while setting direction for your team and maintaining a balanced portfolio across both primary and excess placements
Ability to underwrite 100%, primary/shared and layered, and excess structures
Strong understanding of current market conditions
Ability to quickly make decisions and turn around quotes and manage multiple prospects at one time
Strong leadership skills, including career development of direct reports and other subordinates through continual coaching and mentoring
As a member of senior leadership within Lexington, take on responsibilities beyond everyday management and underwriting, including mentoring, collaboration within the Zone across business divisions, and driving a diverse and inclusive culture
Ability to work with regional Casualty leadership peers to build a nationally renowned team and culture for Lexington
Post-graduate education helpful, either through formal university setting or industry-recognized certifications

Responsibilities

Lead and grow a team of underwriters focused on Construction liability with a National purview
Set and determine portfolio strategies for construction to ensure desired profitability margin while building a product that creates value for core Wholesale brokers
Develop and maintain deep relationships with the Specialty construction broker leads at Tier 1 and Tier 2 wholesale broker partners
Through relationship influence with Wholesalers, drive in-appetite submission volumes to support growth goals and efficient conversion ratios
Collaborate with colleagues internally and be reliably visible to wholesale trading partners
Review and negotiate manuscript form wordings and coverages
Collaborate with Head of Lexington Casualty and Casualty CUO office on appetite parameters, expanding and adjusting as necessary
Take on projects beyond the scope of normal underwriting activities to contribute to organizational transformation and other Lexington and AIG-wide initiatives, and identify opportunities for direct reports to contribute and join
Work in constant coordination and collaboration with other Managers of Casualty and leadership within Lexington
Develop talent acquisition strategy to ensure the best talent is in place to underwrite risks

Skills

Underwriting

Casualty Insurance

Construction Liability

Portfolio Strategy

Broker Management

Team Leadership

Risk Management

Manuscript Negotiation

Relationship Management

Insurance Wordings

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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