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AIG
Boston, Massachusetts, United States
(on-site)
Posted
11 hours ago
AIG
Boston, Massachusetts, United States
(on-site)
Job Type
Full-Time
Senior Underwriter, Fronting/Group Captives
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Senior Underwriter, Fronting/Group Captives
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, North America Fronting to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague - empowering our people to grow as insurance professionals and add more value to our customers and AIG.
This position is a Senior Underwriter for North America Fronting. Main focus will be the support and servicing of complex fronting accounts. The position will require an individual to have general knowledge of multiple lines of coverage and topics. They will support the Senior Team leader and assume account responsibilities under their direction.
How you will create an impact
- Work closely with Captive Solutions Fronting Team and liaise with Product pillars to verify program structure and reinsurer details.
- Work closely with the support teams (Legal, Actuarial, Credit & Collateral Management) to ensure fronting deals are in full compliance
- Once bound, collect all necessary program (premium and claims) details and reinsurance documentation
- Perform sanctions and screening checks
- Work with Associate Underwriter to ensure booking and coding on accounts are completed
- Ensure cash collections and onward transfers to captives/reinsurers are prompt and in line with bookings
- Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership
- Make independent sales calls to market and cross-market products. Refers declined business to other AIG divisions, as appropriate.
- Participate in client (internal/external) conference calls.
- Prepare for and help respond to all captive audits.
What you'll need to succeed
- 3+ yrs relevant experience, preferably within the insurance industry.
- Must be articulate and personable as there will be communication with clients and brokers including attendance at meetings
- Proactive, highly motivated, well-organized, self-sufficient, and able to demonstrate the ability to work productively under minimum supervision
- Excellent time management skills with ability to work with deadlines and be responsive and flexible to client needs and changes in program requirements
- Ability to manage by influence demonstrating strong communication, relationship management, organizational and analytical skills.
- Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to deliver expected results.
- Highly motivated and results-oriented, proven creative problem solver.
- Demonstrated ability to understand and work with analytical tools, reports and technology.
- Computer literacy required: Microsoft IT packages preferred - MS Outlook, Teams, Excel, Word, etc.
For positions based in Massachusetts, the base salary range is $88,000-$105,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview .
#LI-HB1
#captive
#insurance
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .
Functional Area:
UW - Underwriting
Risk Specialists Companies Insurance Agency, Inc.
Requisition #: JR2601565
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Job ID: 83520562

AIG
Insurance
United States
AIG traces its roots back 90 years when an American entrepreneur named C.V. Starr founded AIG’s earliest predecessor company in Shanghai. What began as a small insurance business grew to become one of the world’s largest companies. By the end of 2007 AIG had assets of approximately $1 trillion, $110 billion in annual revenues, 74 million customers and 116,000 employees in 130 countries and jurisdictions. Yet, less than a year later, AIG found itself on the brink of failure and in need of emergency government assistance.
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