Underwriter-Chicago
Job ID #: 83652
Location: IL-Chicago
Functional Area: Underwriting - Commercial Lines
Company: 42151 - Chartis Inc.
Employment Type: Full Time - Permanent
Education Required: Bachelors Degree (or equivalent)
Experience Required: 3-5 years
Relocation Provided: No
Travel Percentage: 0
Position Description:
As a member of our Chicago underwriting team you will be responsible for underwriting and marketing a portfolio of Foreign business under the WorldRisk product which includes Foreign General Liability; Foreign Auto Liability; Foreign Voluntary Worker's Compensation; Foreign Property; Kidnap, Ransom and Extortion; and Specialty Coverages such as Political Risk, Trade Credit and Ocean Cargo.
Organizational Structure
This position reports directly to the Underwriting Manager in Chicago and will work internally and externally with claims, home office, clients and brokers.
Performance Objectives
• Underwrite a profitable book of business which includes: Foreign General Liability; Foreign Auto Liability; Foreign Voluntary Worker's Compensation; Foreign Property; Kidnap, Ransom and Extortion; and Specialty Coverages such as Political Risk, Trade Credit and Ocean Cargo
• Responsible for the entirety of the account’s lifecycle including securing submissions, analyzing exposures, negotiating all terms and pricing, and servicing the underwriting file.
• Exercise discretion and independent judgment in the analysis and evaluation of the risk.
• Maintenance and service of an assigned renewal portfolio as well as the attainment of new business.
• Aggressively market WorldRisk and Foreign Casualty product as well as cross-sell additional AIG products/services within an assigned territory.
Position Requirements
The Ideal Candidate Should Have:
• 3-5 years experience underwriting commercial property and casualty lines of business.
• Strong analytical skills; customer orientation, interpersonal and relationship management skills.
• Strong sales and presentation skills.
• Strong organizational skills and time management skills; proficiency with PC applications. (Word, Excel, etc.)
• Must have the ability to travel to meet with brokers.
• Bachelor’s Degree preferred.
About Us:
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.
AIG Property Casualty is a global market leader, one of the few truly global property casualty franchises.
AIG Life and Retirement is one of the largest life insurance organizations in the U.S., and provides protection, investment and income solutions needed for financial and retirement security.
United Guaranty Corporation is the marketplace leader in mortgage insurance in the U.S.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: http://www.linkedin.com/company/aig
Job ID #: 83652
Location: IL-Chicago
Functional Area: Underwriting - Commercial Lines
Company: 42151 - Chartis Inc.
Employment Type: Full Time - Permanent
Education Required: Bachelors Degree (or equivalent)
Experience Required: 3-5 years
Relocation Provided: No
Travel Percentage: 0
Position Description:
As a member of our Chicago underwriting team you will be responsible for underwriting and marketing a portfolio of Foreign business under the WorldRisk product which includes Foreign General Liability; Foreign Auto Liability; Foreign Voluntary Worker's Compensation; Foreign Property; Kidnap, Ransom and Extortion; and Specialty Coverages such as Political Risk, Trade Credit and Ocean Cargo.
Organizational Structure
This position reports directly to the Underwriting Manager in Chicago and will work internally and externally with claims, home office, clients and brokers.
Performance Objectives
• Underwrite a profitable book of business which includes: Foreign General Liability; Foreign Auto Liability; Foreign Voluntary Worker's Compensation; Foreign Property; Kidnap, Ransom and Extortion; and Specialty Coverages such as Political Risk, Trade Credit and Ocean Cargo
• Responsible for the entirety of the account’s lifecycle including securing submissions, analyzing exposures, negotiating all terms and pricing, and servicing the underwriting file.
• Exercise discretion and independent judgment in the analysis and evaluation of the risk.
• Maintenance and service of an assigned renewal portfolio as well as the attainment of new business.
• Aggressively market WorldRisk and Foreign Casualty product as well as cross-sell additional AIG products/services within an assigned territory.
Position Requirements
The Ideal Candidate Should Have:
• 3-5 years experience underwriting commercial property and casualty lines of business.
• Strong analytical skills; customer orientation, interpersonal and relationship management skills.
• Strong sales and presentation skills.
• Strong organizational skills and time management skills; proficiency with PC applications. (Word, Excel, etc.)
• Must have the ability to travel to meet with brokers.
• Bachelor’s Degree preferred.
About Us:
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.
AIG Property Casualty is a global market leader, one of the few truly global property casualty franchises.
AIG Life and Retirement is one of the largest life insurance organizations in the U.S., and provides protection, investment and income solutions needed for financial and retirement security.
United Guaranty Corporation is the marketplace leader in mortgage insurance in the U.S.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: http://www.linkedin.com/company/aig