Mortgage Underwriter
TomoSalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Marine Insurance, Logistics, Global TradeIndustries
Requirements
- Bachelor’s Degree (CII qualifications a plus)
- Prior experience in Marine Underwriting or Broking
- In-depth knowledge of the Marine Insurance industry, Logistics, and Global Trade
- Skilled in MS Word, Excel, PowerPoint, and Outlook (Power BI a plus)
- Strong interpersonal and communication skills, both written and verbal
- Presentation skills
- Negotiation skills
- Insurance experience in direct markets
- Problem-solving skills and logical approach to work
- Sound judgement and decisiveness
- Ability to work to tight deadlines
- Team player
- Customer service attitude
Responsibilities
- Underwrite, market, sell, and promote Marine products within GCC & NA, primarily UAE
- Responsible for Profit and Sales for the Marine division
- Profitable underwriting of new business production and renewal retention through Brokers, Direct Clients, and Business Development Managers
- Maintain and develop strong broker/client relationships
- Conduct regular in-person meetings with brokers
- Conduct training sessions on AIG appetite and capabilities
- Ensure account retention rates meet company/department norms
- Underwrite new and renewal business to promote premium growth within UW authority
- Achieve overall production goals in collaboration with the Underwriting Manager
- Provide sound underwriting decisions, exhibit flexibility, and price risks to achieve profit goals
- Provide feedback on renewal loss ratios exceeding permissible limits
- Identify poor performing accounts and take remedial actions
- Ensure adherence to all corporate Marine Underwriting Guidelines
- Ensure correct use of marine pricing tools and issuance of quotes, binders, and policies per regulatory and corporate policies
- Adhere to underwriting authority & guidelines on AIG Marine Intranet, documenting all decisions
- Handle process-oriented tasks for smooth operations
- Perform other tasks as required by the Marine department
- Collaborate internally with team members, peer underwriters in Commercial Lines, and Distribution
- Maintain external business relationships with brokers/producers, Clients, Risk Managers, and Loss adjusters
Skills
Marine Underwriting
Insurance Broking
MS Excel
MS Word
MS PowerPoint
MS Outlook
Power BI
Broker Relationship Management
Risk Pricing
Underwriting Authority
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
