Job description
Underwriting Specialist
Location: Chicago, IL
#chicago
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:
General Insurance is a leading provider of insurance products and services for commercial
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.
In this position you will be responsible for:
- Underwriting and managing an existing book of renewable energy risks and developing and underwriting a pipeline of new business opportunities across the country
- Collaborating with peers in other regions and providing technical underwriting support on existing accounts in those regions, ensuring a consistent approach to market throughout the country.
- Negotiate terms and conditions with brokers and clients
- Communicating our value proposition with our brokers and clients and demonstrating our right to win
- Identifying future industry trends, understand how they will impact ours our client’s business and developing new strategies around those trends
- Communicating to internal stakeholders on the profitable of the portfolio
- Providing superior customer service to brokers and clients.
- Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
- Participating in special underwriting projects as needed.
The ideal candidate should have the following skills
- Experience in the renewable energy property insurance market
- Bachelor’s degree from a four-year college or university.
- Advanced technical knowledge of the renewable energy space including Wind, Solar and Battery Storage, understanding key hazards associates with them, industry loss trends and the ability to differentiate risks
- Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
- Ability to analyze policy wordings
- Demonstrated knowledge of current market conditions, trends and the ability to leverage that knowledge to give us right to win
- Relationships with tier 1 and 2 brokers and the ability to develop new relationships
- Demonstrated sales, marketing, and relationship building experience.
- Strong verbal and written communication skills
- Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline
- Willingness to travel 25% of the time
#LI-AIG
We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 24 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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.
To learn more please visit:
https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to
candidatecare@aig.com
. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
RISK SPECIALISTS COMPANIES INSURANCE AGENCY INC
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