Head of Inland Marine
American International Group, Los Angeles, CA, United States
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 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.
Reporting to the Head of North America Marine, this role will be primarily responsible to execute the US underwriting strategy for Inland Marine. The leader will also be the technical expert and Product Line Executive for Transportation. In addition, the position is responsible for attracting, managing and developing a team of highly accomplished, driven colleagues.
How you will create an impact
- Manages all Inland Marine underwriting within the US and establishes, implements, and evaluates the production and profitability goals.
- Direct accountability for the business results of the US with respect to profitability, penetration and/or volume within a specific account, segment, geographic area, product or line of business.
- In partnership with the Senior Managers, drive and execute the long term business strategy for the US including all accounts for product accounts.
- Serve as a technical expert, exercising technical authority with regards to major or multiple insurance product line(s) within Inland Marine.
- Serve as Product Line Executive for Transportation. Be an educator of risk for the product and knowledgeable of market conditions, trends, and opportunities. Will lead strategic product discussions with brokers and be the senior referral point for complex risks.
- Within the US, manage annual budget process as well as monthly forecasts for a major or multiple insurance product line(s) within Inland Marine.
- Oversee underwriting staff including managing and evaluating work; makes decisions regarding pay, performance management, development, employment, and staffing.
- In collaboration with the Senior Managers, Head of Marine and HR, implement tools and strategies to attract and retain top industry talent and develop high performing teams.
- Identify areas/positions within the US that lack sufficient bench strength, and employees who require additional skills to fill those needs; develop and execute development/training/recruiting platforms/plans to address the deficiencies.
- Establish strong relationships with all members of the leadership teams; create mutual understanding of overall parameters and goals to drive effective execution of business model.
- Interact with all levels of Insurance community.
- Drive a culture that promotes collaboration, diversity, and inclusion.
- Establish the operational direction for the US to ensure efficiencies coincide with growth objectives.
- Ensures the required standards of governance, systems and controls, and regulatory compliance are established and maintained.
What you’ll need to succeed
- Strategic orientation, managing vision and purpose, developing organizational capability.
- Talent assessment and development for bench strength and succession planning.
- Proven collaborative leadership skills.
- Strong influencing and communications skills and ability to work across multiple areas of company and industries.
- Change management and team leadership.
- External thought leadership.
- 15 years of Inland Marine experience, with knowledge of other marine lines preferable.
- Deep expertise in Inland Marine, with expert technical underwriting background of large and complex risks.
- Broad based insurance industry experience. Experience leading a product/region and managing a team.
- Knowledge of market segmentation, portfolio management, acquisition and distribution.
- Process and system skills.
For positions based in California, the base salary range is $167,000 - 231,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.
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 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). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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.
#J-18808-Ljbffr