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Assistant Regional Underwriting Manager, PL/Cyber, Midwest Financial Lines

AIG · IL-Chicago
Full-timeFinance & InsuranceMid Level$135,000–$175,000/yr
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About the Assistant Regional Underwriting Manager PL Cyber role

Assistant Regional Underwriting Manager PL Cyber positions focus on delivering results in their domain. This page aggregates open Assistant Regional Underwriting Manager PL Cyber roles and what employers typically expect.

At AIG, we are reimagining the way we help customers to manage risk. Join us as an **Assistant Regional Underwriting Manager, PL/Cyber, Midwest Financial Lines** 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 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** AIG is seeking an Assistant Regional Underwriting Manager to contribute to their industry leading Professional and Cyber Liability team. AIG’s strong foundation as the market leader in this area has consistently evolved through innovation, creativity, use of technology, and emphasis on data analytics. AIG prides itself as staying ahead of the curve and are looking for forward thinking and inventive underwriters to facilitate in navigating a frequently changing marketplace. Areas of focus will be around E&O, Technology, Media and Cyber Liability. 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 nationwide brokers and insureds as AIG’s client base consists of Fortune 500 companies as well as major local regional players who elicit tailored and unique solutions. Through this role, underwriters gain access to a highly evolving and dynamic atmosphere that involves exposure to major influencers in the insurance, technology, and legal fields. The Assistant Regional Underwriting Manager will be based in Chicago and report to the Regional Underwriting Manager. This role will support the development and execution of the strategies for the portfolio within the territory. This role will be responsible for management of a team of Underwriters and oversee the performance of a portfolio of accounts. Further, the position will be responsible for the execution of the strategies for the defined territory. Role can also be a hybrid where manager also underwrites a book of business. Additionally, this role manages all Underwriting including the planning and monitoring work, development of underwriting and/or marketing skills, and ensuring adherence to underwriting guidelines. This position has direct accountability for the business results of their unit within the Zone/Region and with respect to profitability, penetration and/or volume within a specific account, segment, geographic area, product or line of business. **What you will need to succeed** - Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority. - Drive consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, and structural adequacy. - Responsible for assigning and managing the work of a team of underwriters. Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments). - Assist manager & underwriters in collaborating with Distribution, Business & Product Leaders, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers. - Monitor the adherence to underwriting requirements and guidelines for assigned book of business. - Keep abreast of developments in competitive & risk landscapes to determine their effect on both renewal accounts and potential new business opportunities. - Develop strong, long term rela…

Salary estimate

$135,000 – $175,000/yr
Provided by the employer.

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About AIG

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