Underwriting Manager, Product Recall

Posted:
11/19/2024, 7:57:33 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

At AIG, we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

How you will create an impact

  • Manages all Underwriting within a Product Recall.
  • Within Product Recall, establishes, implements, and evaluates the production and profitability goals.
  • Direct accountability for the business results of Product Recall with respect to profitability, penetration and/or volume
  • Drive and execute the long-term business strategy for Product Recall.
  • Serve as a technical expert, exercising technical authority with regards Product Recall.
  • Partnering with the leadership, manage annual budget process for Product Recall.
  • Within Product Recall, manage monthly forecasts.
  • In collaboration the leadership and HR, implement tools and strategies to attract and retain top industry talent and develop high performing teams.
  • Identify areas/positions within team that lack sufficient bench strength, and employees who require additional skills to fill those needs; develop and execute development/training/recruiting platforms/plans to address the deficiencies.
  • Establish strong relationships with leadership; create mutual understanding of overall parameters and goals to drive effective execution of business model.
  • Interact with all levels of Insurance community.
  • Drive a culture that promotes collaboration, diversity, and inclusion.
  • Oversee all underwriters within region(s) including managing and evaluating work of staff; makes decisions regarding pay, performance management, development, employment, and staffing.
  • Ensures the required standards of governance, systems and controls, and regulatory compliance are established and maintained.

What you’ll need to succeed

  • Strategic orientation, managing vision and purpose, developing organizational capability.
  • Results orientation.
  • Strong influencing and communications skills.
  • Ability to work across multiple areas of company and industries.
  • Assessing and developing talent.
  • Change management and team leadership.
  • Minimum 7-9 years of Commercial Insurance Company, Agency, or Brokerage experience.
  • Bachelor’s degree from a four-year college or university.
  • Analytical and quantitative skills; familiarity with actuarial data.
  • Knowledge of market segmentation, portfolio management, acquisition, and distribution.
  • Process and system skills.
  • Experience with budgeting and expense control.
  • Experience managing or leading a team is preferred.

For positions based in New York, the base salary range is $192,000 - $240,000. 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: AIG Benefits Overview.

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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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 [email protected].  

Functional Area:

UW - Underwriting

AIG PC Global Services, Inc.

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management