Vice President Underwriting, Excess Casualty (Bermuda)

Join us as Vice President, Underwriting Excess Casualty, to step up to a key team leadership role that will drive business growth.

Make your mark in Underwriting

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. 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.

The Vice President Underwriting, Excess Casualty position is responsible for developing, underwriting, and maintaining a profitable book of Excess Casualty business.  The incumbent will report directly to the Senior Vice President, Head of Excess Casualty.

How you will create an impact

Contribute to the successful implementation of the Excess Casualty business plan

Coordinate all stages of the underwriting process such as: marketing, risk analysis, evaluating and prioritizing submissions, pricing programs and submissions, contract negotiation and contract maintenance, developing and maintaining client and broker relationships in Bermuda and the U.S.

Provide superior customer service to brokers and clients

Communicate risk appetite and AIG Value Proposition to brokers

Collaborate with BDMs, Territory Managers, and other line of business underwriters to target desirable accounts from brokers

Work with brokers to understand the deal structure, terms, and AIG Services that best meets clients’ needs

Participate in special underwriting projects as needed

Develop manuscript endorsements as needed

Assist in the implementation of training programs for the underwriting staff as needed

Act as mentor to junior underwriting staff

What you’ll need to succeed

University degree preferably in Risk Management or similar field; and or 10+ years of relevant experience in leading an Excess Casualty, underwriting team.  

Minimum of ten (10) years of managing a book of business comprised of Fortune 1000 and middle market accounts on occurrence reported, occurrence and claims forms

Completion or progress towards a CPCU or ACII designation preferred

Proven ability to build and maintain strong professional relationships

Strong analytical, marketing and communication skills

Mandatory knowledge of Bermuda Market forms and/or U.S. Umbrella Liability forms

Strong working knowledge of Excess Casualty lines of business (Workers Compensation, Auto Liability, Contaminated Product Insurance, Unmanned Aerial Vehicle Insurance and General Liability) including product features, regulatory environments and risks etc.

Ability to evaluate first layer lead umbrella occurrence policy forms

Mandatory knowledge of ISO forms, Bermuda Market Forms and manuscript wording

Experience mentoring and developing colleagues and/or direct reports preferred

Established relationships with key distribution partners in Bermuda, US and London preferred

Highly motivated and results-oriented

Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions

Willingness to be flexible, learn on the job, and maintain a can-do attitude

Comfort with analytical tools and technology

Ready to lead by example? We would love to hear from you.

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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.  

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