Senior Underwriting Manager, Lexington Property

Posted:
11/26/2024, 4:45:32 AM

Location(s):
Massachusetts, United States ⋅ Boston, Massachusetts, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking ⋅ Sales & Account Management

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.

Lexington Insurance

AIG’s Lexington Insurance Company is the leading US-based surplus lines insurer. For over 50 years, it has provided flexible solutions to companies and organizations of all sizes – from Fortune 100 corporations to small and middle market entities. Lexington is renowned for its ability to help brokers find solutions to the most challenging insurance needs of their clients. Drawing on their entrepreneurial spirit, colleagues are encouraged each day to rise to challenges and embrace opportunities to make a difference.

How you will create an impact  

  • Lead and grow a team of underwriters within the Region.
  • Underwrite risks to maintain and profitably grow our E&S portfolio across our desired business segments.
  • Collaborate with colleagues internally and be reliably visible to our wholesale trading partners.
  • Review and negotiate manuscript form wordings and coverages.
  • Build and execute on the Zone strategy for P&L management, sharing best in class practices across the US.
  • Take on projects beyond the scope of normal underwriting activities in order to contribute to organizational transformation and other Lexington and AIG-wide initiatives, as well as identify opportunities for direct reports to contribute and join.
  • Work in constant coordination and collaboration with the other Managers of Property and the leadership within Lexington

What you’ll need to succeed

  • Minimum 10+ years' experience in Commercial Property E&S underwriting.
  • The candidate must have the ability to underwrite property risks across the spectrum of E&S Property business while setting direction for your team and maintaining a balanced portfolio across both primary and excess placements.
  • Position requires ability to underwrite 100%, primary/shared and layered, and excess structures.
  • A strong understanding of current market conditions, ability to quickly make decisions and turn around quotes and manage multiple prospects at one time are essential.
  • Strong leadership skills to include career development of direct reports and other subordinates through continual coaching and mentoring
  • As a member of the senior leadership within Lexington, take on responsibilities beyond everyday management and underwriting, including mentoring, collaboration within the Zone across business divisions and driving a diverse and inclusive culture.
  • Must be able to work with regional Property leadership peers in order to continue to build a nationally renowned team and culture for Lexington.
  • Post-graduate education helpful, either through formal university setting or industry-recognized certifications

Ready to solve bigger problems? We would love to hear from you.

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

Lexington Insurance Company

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