Assistant Underwriting Manager - E&S Property

Boston MA
March 17 2018
Insurance, Securities

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Lexington Insurance Company

Lexington has an opportunity for an Assistant Manager for E&S Property specializing in underwriting primary, shared & layered risks. This position, working in concert with the Underwriting Manager, has accountability for business results of the portfolio with respect to profitability, broker penetration, and overall production. He/She is expected to work effectively in an independent manner to successfully manage his/her book of business of new and renewal production as well as supporting the E&S Underwriting Manager in the overall management of the business unit. The Assistant Manager must be able to illustrate sufficient technical analysis and underwriting acumen combined with marketing and sales skills to meet underwriting goals (i.e., achieve growth targets and maintain overall profitability). In addition, the ability to coach, train and develop staff to their fullest potential is required.


• Drive consistent underwriting best practices and guidelines, in accordance with published directives, to ensure rating, pricing, profitability, and structuring adequacy.
• Utilize and monitor underwriter authority in accordance with the published underwriting guidelines.
• Produce and manage an assigned portfolio of property renewals and new business made up of complex risks.
• Manage and develop effective producer and client relationships throughout assigned territory.
• Work alongside business development colleagues to effectively maximize our distribution partner network.
• Effectively negotiate and secure policy terms that align with the company directives, especially utilizing new product and service offerings to bring value to the client.
• Develop and manage underwriting strategies for both renewals and prospects within his/her portfolio of accounts, including knowledge of the current penetration by product, and specific plans to increase company share.

• Ensure effective utilization of detailed monitoring standards including quality reviews and peer reviews to assess underwriting results and compliance.
• Provide direction and support to junior underwriters on new and renewal business.
• Proactively foster and develop positive relationships with key customers.
• Coordinate strategy and work collaboratively with other aligned business functions including claims, actuarial, engineering, analytics, legal and marketing.
• Make internal and external presentations as necessary.


  • Strategic orientation, managing vision and purpose, developing organizational capability.
  • Results orientation.
  • Strong influencing and communications skills and ability to work across multiple areas of company and industries.
  • Assessing and developing talent.
  • Change and team leadership.

    Position Requirements

    • Minimum of 10 years' experience Commercial Property, surplus lines preferred
    • Knowledge of specialized Property forms and manuscript wordings
    • Strong relationships with wholesale and retail brokerage community
    • Knowledge of the market, portfolio management, acquisition and distribution
    • Ability to work in a fast paced environment making quick decisions while adhering to a sound underwriting discipline
    • Outcome focused, self-motivated, flexible and enthusiastic
    • Strong interpersonal skills with emphasis on collaboration and working well with others
    • Proficient working knowledge of Microsoft Word, Excel and Outlook necessary

    Education Required

    • Bachelor's Degree from a four-year college or university.

    Employment Type

    Full Time - Permanent

    Experience Required

    10 + years

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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