Underwriter, Product Recall

Posted:
10/16/2024, 4:03:05 PM

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

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
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.

How you will create an impact

  • Underwriting Product Recall.
  • Evaluating, prioritizing, and selecting submissions to be underwritten.
  • Identifying risk exposures, special or common hazards, claims experience and appropriate controls.
  • Analyzing claims and quantifying losses.
  • Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
  • Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts.
  • Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
  • Capturing market intelligence and broker feedback on accounts.
  • Begin demonstrating technical expertise with product(s) in the Product Recall portfolio.
  • Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment.
  • Demonstrating success in negotiation and building collaborative relationships.
  • Multi-tasking, prioritizing and time management skills.

What you’ll need to succeed

  • 1-3 years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.
  • Bachelor’s degree from a four-year college or university.
  • Demonstrated sales, marketing, and relationship building experience.
  • Working knowledge of Product Recall is preferred.
  • Strong verbal and written communication skills.
  • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects.
  • Comfort with financial statements, analytical tools, and technology.

For positions based in New York City, the base salary range is $74,000 - $92,000. 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.

#LI-AR1

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

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

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