Underwriting Specialist II, Group Captives

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

 AIG has over 50 years of experience providing a full range of market-leading fronting and captive solutions that leverage our ability to provide locally admitted insurance in over 200 countries and jurisdictions through a robust network of AIG affiliate and partner operations. 

About the role

The Underwriting Manager for Group Captives will lead a team of underwriters and drive the execution of underwriting strategies and guidelines within Group Captives including, pricing, marketing, staff, business development, renewals, budget/expenses, and new product development.

What you need to know:

• Onboard new business opportunities.
• Handle up to 2 medium-sized Group Captive accounts.
• Maintain clear and concise underwriting files and perform self-audits for other underwriters.
• Communicate risk appetite/Captive Solutions Value Proposition to brokers.
• Work with Associate Underwriter(s) to ensure booking and coding on accounts are completed.
• Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership.
• Participate in client (internal/external) conference calls.
• Develop and maintain professional relationships with the Producers and Captive Intermediaries.

What we are looking for:

• At least 5+ years of commercial professional experience, with a focus on alternative risk or captive business.
• Bachelor’s degree from a four-year college or university.
• Proven ability to build and maintain strong professional relationships.
• Demonstrated sales, marketing and relationship building experience.
• Excellent verbal and written communications skills.
• Highly motivated and results-oriented.
• Ability to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
• Willingness to be flexible, learn on the job, and maintain a can-do-attitude.

For positions based in New York City the base salary range is $105,000-$130,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.  A summary of benefits  can be viewed here: 2024 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].  

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

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