American International Group
Product Line Manager, Lexington Middle Market Casualty
American International Group, Boston, Massachusetts, us, 02298
Product Line Manager, Lexington Middle Market Casualty
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Product Line Manager, Lexington Middle Market to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. Make your mark in Lexington Middle Market This position reports to the Division Head of Lexington Midmarket Casualty. Deep Middle Market Casualty industry expertise to manage and oversee the underwriting of complex E&S risks. Responsible for monitoring Budget and P&L for the product line. Drive consistent underwriting best practices and guidelines across zones and segments to ensure rating and pricing adequacy of the business. Provide the marketplace with thought leadership. Responsible for the development and execution of product line strategy leading to top line growth while maintaining strong underwriting discipline and profitability. Manage risk appetite and reinsurance (treaty and facultative) strategy within parameters set by Global Underwriting and Reinsurance Officers. Work closely with Operations team to ensure division processes and procedures are updated regularly and followed by the staff. Design, develop and maintain divisional underwriting guidelines and policy forms. Make updates as needed and promulgate changes to broader divisional team. Develop and ensure effective utilization of detailed monitoring standards including quality reviews to assess underwriting results and loss ratios down to the account level Understanding of regulatory and compliance processes. Establish relationship with Distribution and geographic leadership, create mutual understanding of overall parameters and goals with a national view on trends. Assist with talent acquisition strategy to ensure the best talent is in place to underwrite risks. Assess technical specialization and segments within each product to determine priorities, provide referral and other support to underwriters, and develop execution strategy. Work with brokers, clients, and internal resources to develop innovative new products and capitalize on Lexington's competitive advantage. How you will need to succeed: Broad-based insurance industry experience with specialization in Middle Market Casualty product. Preferred minimum of 15+ years of insurance operational management experience. Knowledge of market segmentation, portfolio management, acquisition, and distribution. Excellent Excel, underwriting process, and system skills. Strategic orientation, managing vision and purpose, developing organizational capability. Strong influencing and communication skills and ability to work across multiple areas of the company and industries. Change and team leadership, as well as external thought leadership. 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. Welcome to a culture of belonging 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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities, and Employee Resource Groups (ERGs). 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 Estimated Travel Percentage (%): Up to 25% Relocation Provided: No Lexington Specialty Insurance Agency, Inc.
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At AIG, we are reimagining the way we help customers to manage risk. Join us as a Product Line Manager, Lexington Middle Market to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. Make your mark in Lexington Middle Market This position reports to the Division Head of Lexington Midmarket Casualty. Deep Middle Market Casualty industry expertise to manage and oversee the underwriting of complex E&S risks. Responsible for monitoring Budget and P&L for the product line. Drive consistent underwriting best practices and guidelines across zones and segments to ensure rating and pricing adequacy of the business. Provide the marketplace with thought leadership. Responsible for the development and execution of product line strategy leading to top line growth while maintaining strong underwriting discipline and profitability. Manage risk appetite and reinsurance (treaty and facultative) strategy within parameters set by Global Underwriting and Reinsurance Officers. Work closely with Operations team to ensure division processes and procedures are updated regularly and followed by the staff. Design, develop and maintain divisional underwriting guidelines and policy forms. Make updates as needed and promulgate changes to broader divisional team. Develop and ensure effective utilization of detailed monitoring standards including quality reviews to assess underwriting results and loss ratios down to the account level Understanding of regulatory and compliance processes. Establish relationship with Distribution and geographic leadership, create mutual understanding of overall parameters and goals with a national view on trends. Assist with talent acquisition strategy to ensure the best talent is in place to underwrite risks. Assess technical specialization and segments within each product to determine priorities, provide referral and other support to underwriters, and develop execution strategy. Work with brokers, clients, and internal resources to develop innovative new products and capitalize on Lexington's competitive advantage. How you will need to succeed: Broad-based insurance industry experience with specialization in Middle Market Casualty product. Preferred minimum of 15+ years of insurance operational management experience. Knowledge of market segmentation, portfolio management, acquisition, and distribution. Excellent Excel, underwriting process, and system skills. Strategic orientation, managing vision and purpose, developing organizational capability. Strong influencing and communication skills and ability to work across multiple areas of the company and industries. Change and team leadership, as well as external thought leadership. 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. Welcome to a culture of belonging 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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities, and Employee Resource Groups (ERGs). 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 Estimated Travel Percentage (%): Up to 25% Relocation Provided: No Lexington Specialty Insurance Agency, Inc.
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