Senior Underwriter, Midwest
Honeycomb InsuranceSalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, ReinsuranceIndustries
Requirements
- College or university degree in Business Administration, Political Science, Finance, or Legal
- Reinsurance courses or certifications are desirable
- A minimum of 5 years experience interacting in the Latin American insurance or reinsurance industry, preferably in Political Violence
Responsibilities
- Carry out the underwriting process of risks received through different distribution channels according to corporate guidelines and the Profit Center
- Support in the generation of key performance indicators, including monitoring of submission flow by distribution channels, effectiveness ratios, analysis of losses/claims behaviors, among others
- Collaborate in the development of business strategies, development of new products, preparation of budgets
- Support in the preparation of commercial presentations, newsletters, marketing material, and other initiatives for marketing and distribution
- Interact with different areas of the Company such as Claims, Legal, Compliance, Actuarial, Finance, and Accounting for the proper development of the operations of the Division
- Interact and meet the requirements of clients and intermediaries
- Drive underwriting excellence by ensuring adherence to risk appetite, underwriting and line setting guidelines, technical rating, and pricing adequacy
- Support Product Leader in driving development and execution of AIG/Talbot underwriting strategy, global underwriting guidelines, and strategy, including monitoring portfolio performance, aggregate exposures, loss ratios, and P&L
- Serve as the Center of Excellence for all AIG local offices, collaborate with Territory Managers and underwriters to target desirable accounts and identify cross-selling opportunities
- Prepare key performance indicators, including monitoring of submission flow by distribution channels and analysis of losses/claims behaviors
- Support in the preparation of presentations to both internal and external stakeholders as the business requires
- Maintain updated underwriting files based on corporate guidelines
- Ensure required standards of governance, systems and controls, and regulatory compliance are established and maintained for the division
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
Is this a remote position or does it require office work?
This position is based in Miami, FL.
What are the main responsibilities of the Senior Underwriter role?
The role involves carrying out the underwriting process for risks, supporting generation of key performance indicators, collaborating on business strategies, interacting with company areas and clients, and driving underwriting excellence while monitoring portfolio performance.
What salary or compensation does this role offer?
This information is not specified in the job description.
What is the team structure for this position?
The position reports into the Regional Political Violence Product Leader of LAC Facultative Desk and collaborates with the Regional Product Leader and other underwriters on the AIG Facultative Desk, Latin America.
What kind of experience makes a strong candidate for this role?
Strong candidates will have senior-level expertise in underwriting Political Violence and Cyber risks, experience supporting regional underwriting strategy, portfolio management, and collaboration across claims, legal, actuarial, and client-facing functions.
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