Senior Underwriter
American Family Insurance GroupSalary not specified
- Full Time
- Senior (5 to 8 years)
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
Candidates must possess a Bachelor’s degree in business, finance, or a related field, and some experience in insurance underwriting, preferably in Financial Lines. A basic knowledge of Financial Lines insurance products, underwriting principles, and industry practices is required, along with proficiency in Microsoft Office Suite and underwriting systems. Understanding of local insurance regulations and compliance requirements is also necessary.
Responsibilities
The Junior Underwriter will be responsible for underwriting new and renewal Financial Lines business, primarily focusing on SME accounts, in accordance with established underwriting guidelines and authority levels. They will evaluate risks by reviewing applications and financial statements, determine appropriate pricing and terms, and develop and maintain relationships with agents and brokers. The role also includes providing excellent service to agents and clients, documenting underwriting files accurately, collaborating with senior underwriters, and assisting in the development of underwriting strategies and initiatives while ensuring compliance with regulatory requirements.
Skills
Analytical skills
Risk assessment skills
Decision-making skills
Communication skills
Interpersonal skills
Negotiation skills
Microsoft Office Suite
Underwriting systems
Financial Lines insurance
Risk evaluation
Pricing
Compliance requirements
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