Underwriting Specialist, Casualty

Job summary

The Underwriting Specialist will manage and grow a book of commercial casualty business by underwriting complex risks and negotiating terms with brokers. They are also responsible for cross-selling AIG products, mentoring junior staff, and ensuring all underwriting files comply with departmental guidelines.

Job details

AIG Canada has launched careers and developed future leaders for 60 years. Underwriting Specialist, Casualty At AIG, we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Casualty AIG is seeking a Casualty Underwriting Specialist to contribute to their industry leading Commercial Casualty underwriting team. AIG prides itself as staying ahead of the curve and is looking for forward thinking and inventive underwriters to navigate a constantly changing global, economic and geopolitical landscape. Areas of focus will be around designing insurance programs for the larger and more complex clients in the Canadian market. In this role, you will be responsible for underwriting and servicing an existing renewal book as well as soliciting new business opportunities. This role includes constant interaction with top brokers. AIG’s casualty client base consists of Fortune 1,000 companies as well as any customer seeking solutions for international casualty exposures. How you will create an impact: The role will be responsible for underwriting customer exposure in the General Casualty segment of the commercial casualty portfolio across primary, international and excess lines. Communicate risk appetite and casualty value proposition to brokers. Collaborate with distribution 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. Work with brokers to understand deal structures, terms, and AIG Services that best meets clients’ needs. 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. Working with their manager, develop an individual business plan that is in line with product strategies. Responsible for maintaining risk selection in adherence with product guidelines and for achieving rate, renewal retention and new business goals. Ensuring all files are well documented and comply with departmental requirements. Recognize and create cross-selling opportunities for other AIG General Insurance products. Provide mentoring and training to other underwriters. Provide superior customer service to brokers and clients. What we are looking for: Minimum 5+ years of Commercial Casualty experience. Bachelor’s degree from a college or university, preferred. Proven ability to build and maintain strong professional relationships. Advanced working knowledge of lines of business in a specific Casualty line of business including product features, forms, regulatory environments and risks etc. (i.e. Primary, Excess, International Casualty). 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. Excellent organizational and time management skills. Comfort with analytical tools and technology. A desire to stay up to date with industry, legal & regulatory trends. Ready to take your career to the next level? We would love to hear from you. The base salary range for this position is $85,000-$116,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply - your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: CA Benefits Overview. AIG Canada is proud to be named one of Greater Toronto's Top Employers for the seventh year in a row. This award demonstrates AIG’s commitment to outstanding human resources initiatives and fostering a forward-thinking workplace. At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. #LI-NT1 At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. 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 us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. Welcome to a culture of inclusion We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides 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. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com. Functional Area: UW - Underwriting AIG Insurance Company of Canada

What you’ll do

The Underwriting Specialist will manage and grow a book of commercial casualty business by underwriting complex risks and negotiating terms with brokers. They are also responsible for cross-selling AIG products, mentoring junior staff, and ensuring all underwriting files comply with departmental guidelines.

Requirements

Candidates must have a minimum of 5 years of experience in commercial casualty underwriting and possess strong relationship-building skills. A bachelor's degree is preferred, along with advanced knowledge of primary, excess, and international casualty lines.

Benefits

• Health insurance • Wellbeing program • Financial security benefits • Professional development • Incentive plan

Listed skills

• Time management · Preferred
• Sales · Preferred
• Strategic business planning · Preferred
• Communication Skills · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Commercial casualty underwriting
• Risk assessment
• Broker relationship management
• Pricing negotiation
• Portfolio management
• Cross-selling
• Strategic business planning
• International casualty
• Excess lines
• Primary lines
• Risk selection
• Mentoring
• Analytical tools
• Time management
• Communication skills
• Sales
• Risk Selection
• Continuous Development
• Cross-Selling
• Deal Structuring
• Self-Motivation
• Underwriting
• Business Planning
• Customer Service
• Communication
• General Insurance
• Geopolitics
• Marketing
• Innovation
• Mentorship
• Operations
• Relationship Building
• Risk Appetite
• Time Management
• Value Propositions
• Prioritization
• Product Strategy
• Price Negotiation

Job areas

• Finance & Accounting
• Management & Leadership
• Sales
• Customer Service & Support
• Underwriting Specialist
• Property / Casualty Underwriter
• Insurance Representatives
• Financial and Investment Analysts