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Underwriter, US Fronting, Captive Solutions

Company: National Union Fire Insurance Co of Pittsburgh
Location: Yonkers
Posted on: May 10, 2022

Job Description:

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the business General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG's underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.About the roleWhat you need to know:The main focus of the Underwriter - US Fronting will be the support and servicing of complex fronting accounts. The position will require an individual to have general knowledge of multiple lines of coverage and topics. They will support the Senior Team leader and assume account responsibilities under their direction.Responsibilities include:Work closely with Captive Solutions Fronting Team and liaise with Product pillars to verify program structure and reinsurer detailsWork closely with the support teams (Legal, Actuarial, Credit & Collateral Management) to ensure fronting deals are in full complianceOnce bound, collect all necessary program (premium and claims) details and reinsurance documentationSet up and maintain account filesPerform sanctions and screening checksWork with Associate Underwriter to ensure booking and coding on accounts are completedEnsure cash collections and onward transfers to captives/reinsurers are prompt and in line with bookingsResolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadershipMake independent sales calls to market and cross-market products. Refers declined business to other AIG divisions, as appropriateParticipate in client (internal/external) conference callsPrepare for and help respond to all captive auditsWhat we're looking for:Bachelor's Degree3 years of relevant experience, preferably with insurance experienceStrong verbal and written communication skills, as well as good presentation skillsProactive, highly motivated, well-organized, self-sufficient, and able to demonstrate the ability to work productively under minimum supervisionExcellent time management skills with ability to work with deadlines and be responsive and flexible to client needs and changes in program requirementsA look at our benefits At AIG, we have a 100-year legacy of working to make the world a better place. And that begins with our employees. We'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, the "Giving Back" program allows you to take up to 24 hours a year to volunteer in your community.We also believe in fostering our employees' development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees 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.In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG's COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG. Exemptions may be considered on a case-by-case basis in accordance with applicable law.Functional Area:UW - UnderwritingEstimated Travel Percentage (%): No TravelRelocation Provided: NoNational Union Fire Insurance Co of Pittsburgh, PA

Keywords: National Union Fire Insurance Co of Pittsburgh, Yonkers , Underwriter, US Fronting, Captive Solutions, Other , Yonkers, New York

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