Regional Production Specialist, Lexington Property at AIG

Dallas, Texas, United States

AIG Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Surplus LinesIndustries

Requirements

  • Minimum 5+ years of experience in Commercial Property E&S underwriting
  • Ability to underwrite property risks across the spectrum of E&S Property business
  • Strong understanding of current market conditions
  • Ability to quickly make decisions and turnaround quotes
  • Ability to manage multiple prospects simultaneously
  • Experience with underwriting 100%, primary/shared, and layered, and excess structures
  • Negotiation skills (manuscript form wordings and coverages)
  • Leadership and mentoring skills

Responsibilities

  • Underwrite risks to maintain and profitably grow the E&S portfolio across desired business segments
  • Help set direction for the team and maintain a balanced portfolio across primary and excess placements
  • Quickly make decisions and turnaround quotes
  • Collaborate with colleagues internally and with regional Property leadership peers
  • Be reliably visible to wholesale trading partners
  • Mentor and guide team members, collaborate across business divisions within the Zone, and drive a diverse and inclusive culture
  • Review and negotiate manuscript form wordings and coverages

Skills

Key technologies and capabilities for this role

Commercial Property UnderwritingE&S UnderwritingRisk UnderwritingPortfolio ManagementNegotiationManuscript WordingsLeadershipMentoringMarket AnalysisDecision Making

Questions & Answers

Common questions about this position

What experience is required for this Regional Production Specialist role?

A minimum of 5+ years of experience in Commercial Property E&S underwriting is required.

What key skills are needed for this position?

Key skills include the ability to underwrite property risks across the E&S spectrum, strong understanding of market conditions, quick decision-making, managing multiple prospects, experience with various underwriting structures, negotiation skills, and leadership/mentoring abilities.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What is the company culture like for this team?

The role involves working within a dynamic team, fostering a diverse and inclusive culture, mentoring team members, and collaborating across business divisions.

What makes a strong candidate for this underwriting position?

Strong candidates will have 5+ years in Commercial Property E&S underwriting, proven skills in risk assessment across E&S structures, market knowledge, negotiation, quick decision-making, and leadership experience in mentoring and team collaboration.

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.

Land your dream remote job 3x faster with AI