Senior Regional Production Specialist, Excess & Surplus Lines at AIG

Houston, Texas, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Excess & Surplus Lines, Property InsuranceIndustries

Requirements

7+ years' experience in Commercial Property E&S underwriting
Ability to underwrite property risks across the spectrum of E&S Property business
Ability to underwrite 100%, primary/shared and layered, and excess structures
Experience with Facultative Reinsurance including assumed reinsurance transactions
Strong understanding of current market conditions
Ability to quickly make decisions, turn around quotes, and manage multiple prospects at one time
Insurance professional with highest levels of technical proficiency and underwriting acumen
Marketing and sales skills
Ability to work effectively in a team environment and independently
Senior leadership capabilities, including mentoring, collaboration across business divisions, and driving a diverse and inclusive culture
Ability to work with regional Property leadership peers

Responsibilities

Illustrate highest levels of technical proficiency, underwriting acumen, marketing, and sales skills to meet production underwriting goals while maintaining budgeted loss and expense ratios
Develop broker and portfolio strategies
Manage a profitable book of new and renewal business
Underwrite risks to maintain and profitably grow the E&S portfolio across desired business segments
Collaborate with internal colleagues and be reliably visible to wholesale trading partners
Review and negotiate manuscript form wordings and coverages
Help set direction for the team and maintain a balanced portfolio across both primary and excess placements
Take on responsibilities beyond everyday management and underwriting, including mentoring, collaboration within the Zone across business divisions, and driving a diverse and inclusive culture
Work with regional Property leadership peers to build a nationally renowned team and culture for Lexington

Skills

E&S Underwriting

Commercial Property Underwriting

Property Risk Underwriting

Underwriting Acumen

Marketing

Sales Skills

Broker Management

Portfolio Management

Manuscript Negotiation

Excess Placements

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

Try Jobo Free