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Senior Underwriter – Aerospace
This Senior Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance or aviation.
Make your mark in Underwriting
AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.
Job Description:
An Aerospace Underwriter is responsible for the evaluation and pricing of a variety of aerospace insurance risks. Under general direction underwrites assigned aerospace risks within individual authority across numerous insurance product lines which may include pleasure and business and corporate aircraft, sightseeing, charter, aerial photography and survey, airports, aerial application (agriculture), unmanned aerial systems, (drones), flight schools and training providers. The Underwriter is the primary point of contact for new and renewal business and will interact daily with individuals from other departments and brokers.
Job Responsibilities:
• Responsible for marketing and underwriting a book of business with partner brokers
• Develop and maintain strong working relationships with internal and external business partners
• * Meet renewal retention goals through strong negotiation and communication skills which may involve onsite meetings with brokers, clients, or centers of influence
• * Identify and target new business and cross sell opportunities by building relationships with producers and account managers
• * Document underwriting files accordingly per authority statements and guidelines
• * Assist in annual audits for specific product lines
• * Use underwriting and producer management tools to meet profitability goals
• * Make independent sales calls to build strong relationships and grow the book of business
• * Review, evaluate, and recommend modifications to underwriting guidelines and workflows
• * Engage in various underwriting and marketing projects to improve overall company results
• This role will be responsible for the underwriting complex risks across various product lines:
• Demonstrates proven ability to develop and maintain exceptional working and production relationships.
• Makes independent sales calls to market and cross-market products. Manages an assigned portfolio of renewal business.
• Assists in the establishment and refinement of underwriting workflow. Coordinates work activities to achieve the volume expected to meet operational requirements. May monitor performance of staff members according to established monitoring standards
• * Assists in the training of new staff
• * In collaboration the senior leaders and HR, implement tools and strategies to attract and retain top industry talent and develop high performing teams
• What we’re looking for:
• 5 years + of aerospace insurance experience.
• Proven strategic leadership skills in developing vision and purpose, driving for results and leading effective teams
• * Oversight of multiple products and geographies preferred
• * Advanced knowledge of the Aerospace business including product features, forms, regulatory environment, and risks
• Knowledge of market segmentation, portfolio management, and distribution
• * Demonstrated excellent marketing, influencing, negotiating and communication skills
• For positions based in New York City, the base salary range is $81,000 – $109,000. 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.
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 candidatecare@aig.com.
Functional Area:
UW – Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG AEROSPACE INSURANCE SERVICES INC
