Underwriting Specialist, Construction - Specialty Lines at AIG

Toronto, Ontario, Canada

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Experience in construction underwriting, construction risk engineering, or construction broking
Technical expertise
Ability to analyze financial data
Strong communication, networking and relationship building skills
Good organizational and time management skills
Customer and sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable

Responsibilities

Produce and underwrite new accounts through brokers nationally
Coverage analysis of manuscript forms with the ability to tailor them to specific client needs
Pricing analysis using data analytics, modeling and technical pricing tools
Deliver presentations and market to brokers and insureds to effectively communicate AIG’s value proposition
Help achieve set budget targets through organic growth and new business opportunities
Assist with budgeted profitability targets as identified by senior management
Maintain files, execute on strategy, understand and comply with internal guidelines, authority rules and regulations
Be part of the peer review system, provide active feedback on portfolio analysis, market trends both domestically and globally
Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers while soliciting customer/producer input for improving and enhancing service
Participate in special underwriting projects as needed

Skills

Underwriting

Coverage Analysis

Pricing Analysis

Data Analytics

Modeling

Technical Pricing Tools

Broker Relations

New Business Development

Risk Management

Manuscript Forms

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