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Underwriting Specialist, Retail Property

Company: AIG
Location: Dallas
Posted on: March 19, 2023

Job Description:

Reporting to the Zonal Underwriting Manager or Underwriting Manager, this role will be primarily responsible to execute the geographic underwriting strategy for Retail Property.JOB RESPONSIBILITES:

  • The role will be responsible for underwriting Retail Property products.
  • Develops and manages underwriting strategies for both renewals and prospects within his/her portfolio of accounts. This includes knowledge of the current market penetration of Retail Property products and the development of specific plans to increase portfolio share.
  • Develops and implements negotiation strategies. Makes independent sales calls to market and cross-market products. Identifies target markets, designs and implements strategies for lead development and builds prospect lists.
  • Provides technical direction to management, less senior specialists, underwriters, producers, and claims adjusting personnel.
  • Communicate risk appetite and Retail Property Value Proposition to brokers.
  • Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
  • Rapidly evaluate, prioritize, and select submissions to be underwritten.
  • Recognize and create cross sell opportunities for other Commercial products.
  • Work with broker to understand the deal structure, terms, and AIG Services that best meets clients' needs.
  • May review, evaluate and make recommendations to underwriting guidelines.
  • May direct or conduct internal underwriting audits.
  • Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
  • Participate in special underwriting projects as needed.
  • Develop strong, long term relationships with brokers and clients to profitably grow a book of business.
  • Will identify cross selling opportunities.
  • Provide superior customer service to brokers and clients.TECHNICAL SKILLS & EXPERIENCE:
    • Minimum 5 years of Commercial Insurance Company, Agency or Brokerage experience.
    • Bachelor's degree from a four-year college or university.
    • Proven ability to build and maintain strong professional relationships.
    • Advanced working knowledge of the Retail Property lines of business including product features, forms, regulatory environments, and risks etc.
    • Demonstrated sales, marketing, and relationship building experience.
    • Very strong verbal and written communication skills.
    • Highly motivated and results-oriented.
    • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
    • Willingness to be flexible, learn on the job, and maintain a can-do attitude.
    • Expert with underwriting analytical tools and technology.A look at our BenefitsWe'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 16 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-inclusionAIG 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 - UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoRisk Specialists Companies Insurance Agency, Inc.

Keywords: AIG, Dallas , Underwriting Specialist, Retail Property, Hospitality & Tourism , Dallas, Texas

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