Underwriting Specialist, Financial Institutions

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.

We’re also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Get to know the business

Financial institutions insurance comprises a suite of insurance products developed for the financial industry. AIG’s unique program of products and services help to ensure coverage gaps are proactively identified and mitigated. Our Financial Institutions teams collaborate across underwriting, risk consulting, and claims to help understand each client’s risks, intent, and coverages, so that the policies designed are timely and specific to each client’s needs. Our presence and stability through market fluctuations helps earn our Financial Institutions clients’ trust, while we continue to provide exceptional service. 

Position summary

We are seeking an experienced Underwriting professional for an exciting opportunity within the Financial Lines business segment. In this role, you will be responsible for managing and servicing a portfolio focused on Financial Institutions, as well as taking a leadership role on the team.

Duties and Responsibilities

• Presentations and marketing to brokers and insured’s
• Maintain profitability
• Pricing analysis using data analytics and modeling tools
• Coverage analysis of manuscript forms with the ability to tailor them to specific client needs
• Achieve assigned budget targets
• Manage and service an existing renewal book of commercial insurance in addition to producing and underwriting new accounts from brokers within an assigned territory

What we are looking for

• AIG Employer Spotlight AIG Canada offers numerous programs and policies to attract and retain talent, such as: Formal Mentorship Program, Tuition Reimbursement, Employee Resource Groups, Flexible Working Arrangements, Early Career Development Programs, Generous Paid Time Off, Global Mobility, and Pension & Savings Plan Eligibility from Day One. Careers at AIG are as diverse as its people. At AIG, we value diversity in all its forms, from backgrounds and skills to new ideas and thinking styles. Our commitment to diversity and inclusion is visible in all aspects of our organization. Experience the AIG movement and join our exciting team! 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-inclusion AIG 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 [email protected] .   Reasonable accommodations will be determined on a case-by-case basis. Functional Area: UW - Underwriting Estimated Travel Percentage (%): Up to 25% Relocation Provided: No AIG Insurance Company of Canada
• Excellent organizational, interpersonal skills
• Strong analysis and decision-making skills
• Organized, highly motivated, self-starter who takes responsibility for own performance and demonstrates leadership in their approach to work, training and knowledge seeking
• Risk analysis and technical skills
• Minimum 7 years of Financial Institutions or Financial Lines experience managing a large and diverse book of business from multiple brokers
• The candidate will possess a strong drive to succeed
• Post-Secondary Education OR equivalent industry education and experience
• Ability to work independently to meet deadlines following company guidelines as well as in a team-oriented approach to accomplish goals
• CFA/CIP/FCIP/CRM designation an asset