Senior Regional Production Specialist

Overview

About The Role
Lexington has an opportunity for a Senior Production Specialist on the U.S. Builders Risk team specializing in underwriting primary, quota share and excess construction risk opportunities. The Senior Production Specialist is expected to work effectively in an independent manner to successfully manage his/her book of business of new and renewal production along with executing the profitability strategy for the territory’s portfolio.

A Senior Production Specialist must be able to illustrate sufficient technical analysis and underwriting acumen combined with marketing and sales skills to meet underwriting goals (i.e., achieve growth targets and maintain overall profitability). In addition, the ability to coach, train and develop current staff to their fullest potential is required.

What You Need To Know
As a senior underwriter on the builder's risk team, you are respected for your technical expertise and/or ability to oversee complex programs and processes. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes.

• Produce, underwrite, manage and service a profitable book of business within the team structure.
• Utilize underwriter authority in accordance with the published underwriting guidelines.
• Handle a portfolio of Master Builders Risk program renewals and new single project business made up of complex risks.
• Ability to seek out and partner with internal / external stakeholders in securing new profitable business.
• Manage and develop effective producer and client relationships throughout the U.S.
• Work alongside business development colleagues to effectively maximize our distribution partner network.
• Effectively negotiate and secure policy terms that align with the company directives, especially utilizing new product and service offerings to bring value to the client.
• Develop and manage underwriting strategies for both renewals and prospects within his/her portfolio of accounts, including knowledge of the current penetration by product, and specific plans to appropriately manage capacity.
• Provide direction and support to less experienced underwriters on new and renewal business.
• Proactively foster and develop positive relationships with key customers.
• Execute established strategy and work collaboratively with other aligned business functions including claims, actuarial, engineering, operations, analytics, legal and marketing.
• Make internal and external presentations as assigned and deemed necessary.

• Minimum of 7 years underwriting experience in the Builders Risk or Property.
• 4-year college / university Bachelor's Degree.
• Extensive knowledge of builder’s risk and property forms and wordings.
• Strong relationships with retail and / or wholesale brokerage partners.
• Knowledge of the builder’s risk market, portfolio management, acquisition and distribution.
• Ability to work in a fast-paced environment making quick decisions while adhering to a sound underwriting discipline.
• Outcome focused, self-motivated, flexible and enthusiastic.
• Strong interpersonal skills with emphasis on collaboration and teamwork.
• Proficient working knowledge of Microsoft Word, Excel, PowerPoint and Outlook is required.

At AIG, we value in-person collaboration as a vital part of our culture. We ask our team members to be primarily in the office to work together effectively and create a supportive environment for our team and clients alike.

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.

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