Senior Underwriter Aerospace Featured

Senior Underwriter Aerospace job at American International Group in Denver CO

Description, duties, responsibilities

At AIG we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.

Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines Property Casualty Specialty Lines Cyber and Multinational Clients. 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.

How you will create an impact:

• Working in the Light Aviation product tower you will be asked to help retain and grow our light aviation business (owner-flown piston and turbine aircraft/helicopters piston commercial risks aerial application risks).
• Gather analyze and evaluate aviation risk exposure through appropriate risk documentation. Be flexible to changing risk appetites.
• Apply knowledge and understanding of policy forms endorsements coverages rating plans underwriting guidelines and general market conditions in the selection and pricing of individual risks.
• Ensure adequate pricing of individual risks through proper classification while maintaining high accuracy of information and adhering to company underwriting standards.
• Answer incoming requests from brokers and agents responding to inquiries on submissions coverage and certificate requests.
• Conduct outbound communication and follow-up work to brokers and agents required to close out inquiries and all business transactions.
• Work within specific authority level to quote accept decline modify and renew risks in accordance with accepted underwriting guidelines. Work with management and senior management to seek higher underwriting authority when working outside personal authority levels.
• Have a thorough understanding of the company issued underwriting manual.
• Make adjustments to policy information based upon prescribed authority for various lines of business.
• Work in unison with other departments business development and account managers to grow and maintain a profitable book of business.
• Provide guidance to other departments regarding various underwriting criteria when needed to effectively cross sell opportunities.
• Effectively communicate underwriting appetite to brokers and agents.
• Reinforce the ease of doing business with AIG by meeting or exceeding expectations and service quality on a consistent basis.
• Develop and maintain effective working relationships with internal and external customers. Communicate openly and in a timely fashion.
• Participate in the development of team goals and work diligently to achieve them. Support all team decisions.
• Conduct broker and agent visits as required.
• Assist underwriters and staff for positive growth and team cohesiveness.
• Visit agents and insureds as needed. Travel is required up to 25% of the time.

What youll need to succeed:

• Bachelors degree required. Aviation specialization preferred.
• Private pilots license preferred.
• Preferred knowledge in Airlines Major Products General Aviation Light Aviation (including segments such as Pleasure and Business Commercial Light Aviation CGL and Agriculture) and/or Component Products Airports and Airport Service providers.
• Demonstrate general proficiency in desktop tools and underwriting systems.
• Demonstrate ability to effectively communicate with internal and external customers and peers.

Ready to maximize your impact? We would love to hear from you.

For positions based in Colorado the base salary range is $76000 - $94000. In addition the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Were proud to offer a range of competitive benefits a summary of which can be viewed here: AIG Benefits Overview.

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American International Group Company Overview

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