Regional Policy Wording Lead - Specialty Lines

Overview

At AIG, we are reimagining the way we help customers to manage risk. Join us as Regional Policy Wording Lead - Specialty Lines 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

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.

The Regional Policy Wording Lead’s role is critical in delivering the superior products that are central to AIG’s reputation as a leading global insurance organization. You will be primarily responsible for reviewing, analyzing and providing guidance to underwriters on Energy, Construction and Inland Marine policy language, and drafting endorsements to ensure that the wording is clear and unambiguous, complies with AIG’s policy wording standards and reflects underwriting intent.

You will also support the Global Commercial Property Policy Wording team as needed. You will partner with Legal, Claims, Compliance and Regulatory to ensure that policy language meets AIG requirements. You are responsible for responding to underwriter questions, coaching them on policy wording best practices and developing and delivering policy wording training. This role reports to the Global Property & Specialty Policy Wording Manager and works under their direction.

• Drive coverage certainty by establishing policy wording guidelines and counseling underwriters on best practices.
• Provide counseling and technical guidance to underwriters on policy language.
• Review competitor forms and make recommendations to the product line managers on acceptability of those forms and required endorsements.
• Draft manuscript endorsements to AIG’s standard policy forms, and create bespoke endorsements for third party policy forms to address client-specific exposures and align with underwriting intent.
• Work with Underwriting, Claims and Legal in drafting new policy forms and endorsements.
• Support the product line managers in maintaining and updating manuscript policy checklists to ensure that policy reviews match AIG’s underwriting intent.
• Develop training to help underwriters better understand the importance of policy wording.
• Contribute to communications to provide underwriters with direction and insight on policy wording and usage.
• Support the development and implementation of the Global Policy Forms Library and Digital Workflow.

• Written and Oral Communication – Minimum of 3 years of policy language analysis and drafting experience, preferably in Energy, or alternatively, two years of drafting experience and three years of Energy underwriting experience; ability to break down difficult concepts in order to provide clear and succinct explanations to underwriters and other stakeholders
• Knowledge – Experience with Energy, Construction and/or Inland Marine markets and policy forms; experience and knowledge of both admitted and surplus lines markets a plus
• Flexibility – Proficiency in both working independently and collaborating with others in a team environment across multiple disciplines
• Prioritizing and Time Management – Able to manage time effectively, capable of prioritizing projects and responding promptly in an appropriate manner
• Client Service – Ability to anticipate client (internal and external) needs and act proactively
• Problem Solving – Identify problems and deliver appropriate solutions
• Attention to Detail – Demonstrate attention to detail, and maintain accurate documentation
• Learning Agility – Willingness to continually learn from experiences and new situations
• Forms Management – Experience in building out and maintaining forms libraries a plus
• Microsoft Office – Proficiency in Word, Teams…