Senior Casualty Underwriter

For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 100 leaders, to smaller but complex risks. As a leading surplus lines insurer, we use our unique flexibility in rate and form to benefit both traditional and the most challenging risks.
AIG Lex London are a leading provider of excess casualty products in the surplus lines market. Lex-London underwriters combine deep expertise with a broad appetite for risk and are empowered to deliver for our clients and brokers. Clients also benefit from our extensive industry knowledge, specialised risk management and engineering services, and dedicated claims handling services.
**Your future team**:
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market ground-breaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.
The quality of Senior Leadership is a defining factor for a company’s success. Senior Leaders are responsible for developing business strategies and/or translating those strategies into meaningful outcomes and ultimately, business results. As a Senior Leader, you reach across geographical and functional boundaries to create alliances that further the organization’s objectives and market position. Your deep and broad industry knowledge allows you to foresee external conditions that could potentially affect AIG’s future.
**How you will make an impact**:
As a Senior Underwriting Specialist you will be focused on maintaining and developing a profitable book of Excess Casualty business. This position will be responsible for analysing and evaluating risks, recommending, or deciding to accept, reject, or modify risks and coverage conditions within limits of delegated authority and in accordance with established underwriting guidelines to achieve underwriting profitability objectives. These duties and responsibilities will include:
Focus on US Energy and Construction business underwritten from the London Market.
This level underwriter typically performs highly technical complex assignments within area of expertise.
Provides technical direction to management, less senior specialists, producers, and claims adjusting personnel.
Communicate Excess Casualty risk appetite and NA Casualty Value Proposition to brokers.
Accepts, declines, or modifies new and renewal submissions submitted by brokers. Identifies exposures and analysis required to underwrite an account, as well as the coverage policies, and determines the exposures to loss assumed and restricted by the insuring agreements and the exclusions. Manages a book of business and may participate in the formulation of the budget relative to regional budget/goals. Establishes new business production goals and submission flow relative to the book of business.
Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers while soliciting customer/producer input for improving and enhancing service.
Develops and implements pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and NA Casualty strategy.
**What you'll need to succeed**:
Significant excess casualty insurance leadership experience.
Knowledge of market segmentation, portfolio management, acquisition and distribution
Established strong relationships with customers and intermediaries
Demonstrated business savvy, analytical and quantitative skills
Expert technical underwriting background
Analytical and quantitative skills.
Demonstrated sales, marketing, and relationship building experience.
Knowledge of market segmentation, portfolio management, acquisition, and distribution.
Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
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 u