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, multi-channel 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 AIG Warranty AIG Warranty Underwriter will be responsible for developing and managing appropriate premium rates for a variety of products across industries such as major appliance, consumer electronics, home warranty, portable electronics, and HVAC/R in accordance with Underwriting Authority and Guidelines. About the role This role's responsibilities include the coordination, analysis and reporting
of loss results, developing and implementing pricing proposals or rate adjustments, and business reviews with both internal and external business partners.
The Underwriter will also identify program risks, process improvement opportunities and claim trends and work with the functional departments to implement necessary change. This underwriting role will focus on supporting a variety of tasks and underwriting activities and experience in the HVAC/R, home warranty, or consumer electronics space is strongly desired. Main Duties and Responsibilities: Develop client pricing proposals and work with actuaries where required. Respond to questions, provide data, and ensure data integrity.
Assume client relationship and consulting responsibility for select key accounts. Accountability for underwriting results and loss ratio associated with assigned accounts. Design and implement business processes to eliminate or minimize losses and reduce operational and insurance costs. Analyze loss projections and assumptions, and substantiate, with back-up data and research, all findings. Utilize data analytics and root cause analysis to identify drivers of premium pricing. Communicate findings to internal and external business partners. Develop and execute action plans as needed to remediate unfavorable performance.
Maintain highest level of documentation for accounts - original premium development support and decision-making process, operational considerations, and all subsequent pricing adequacy reviews. Skill Requirements: Analytical propensity with strong attention to detail Technical knowledge or experience in the home warranty, consumer electronics, and the heating, ventilation, and air conditioning (HVAC) industry strongly desired Excellent verbal and written communication skills Disciplined work ethic; embodies a passion for personal excellence and exceeding status quo performance Ability to manage multiple priorities Excellent organizational skills; ability to take initiative and work independently Excellent interpersonal and leadership skills - experience leading and executing cross-functional projects Strong PC skills; proficient in Excel, experience in SQL preferred Experience working with large data sets to derive key pricing selections, perform data analytics, and create on-going reporting.
Professional attitude, enthusiastic, and reliable Results oriented, able to execute under pressure#LI-PB1 A look at our Benefits 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, our " Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing. We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers.
We have a tuition reimbursement program for eligible colleagues 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 interactionual 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: /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 xyz X@. Reasonable accommodations will be determined on a case-by-case basis. Functional Area: UW - Underwriting Estimated Travel Percentage (%): No Travel Relocation Provided: No Service Net Warranty, LLCRequisition #: JR2303406dz1rbepqf
