Financial Lines Service Underwriter

Boston MA
February 22 2018
Insurance, Securities

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided: No


Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the #1 insurance provider and changing the way Americans think about, purchase and use insurance. We believe that our success depends on building a world class team. If you would like to be a part of our team, we invite you to consider putting your talents to work with AIG.

Position Summary:

AIG Financial Lines has an opportunity in its Boston office for a Service Underwriter as it expands its Underwriting Servicing staff. You will play a critical role in facilitating underwriting, servicing the public company book of business while working closely with brokers and partners globally while developing your underwriting expertise.

Performance Objectives:

- Assist in the issuance of quotes, binders, endorsement and policies within time guidelines

- Ensure underwriting files and services standards and compliance guidelines are adhered to on assigned accounts

- Analyze submissions to ensure completeness and rate readiness, evaluate risks and controls, and ensure compatibility with risk appetite

- Analyze loss information and financial statements to facilitate quote development - Assist in soliciting and following up on outstanding submission information from brokers

- Work with senior underwriting staff on risks requiring special handling - Capture market intelligence and broker feedback on accounts drive account and portfolio strategies

- Identify and resolve account alerts and blocks during the submission process to avoid account conflicts

- Assist in premium coding, booking resolution issues and post-policy transactions - Work with multinational partners to coordinate and place multinational programs

- Actively seek out ways to build your industry and underwriting expertise, by learning more about Financial Lines product offerings and risk evaluation through formal and informal learning opportunities

- Support underwriters by assisting in communicating and executing AIG and Financial Lines strategies to brokers

The Ideal Candidate Should Have:
• 1-3 years of relevant professional experience; Insurance experience preferred
• Bachelor's Degree
• Working knowledge of financial statements and analysis
• Excellent interpersonal, communication and analytical skills
• Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment
• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions
• Ability to facilitate cross-function collaboration, especially regarding technical aspects
• Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines
• Takes initiative on projects and assignments, seeks alternate solutions when necessary
• Highly motivated and results-oriented

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives

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