Home Jobs Job offer Miami: AIG Specialty Lines Senior Treaty Underwriter

Job offer Miami: AIG Specialty Lines Senior Treaty Underwriter

7 min read

Job: AIG Specialty Lines Senior Treaty Underwriter.

Responsible for the various aspects of the underwriting process of Financial, Specialty & Marine and Agriculture, with a focus on financial lines, for Latin America and Caribbean region and business development through brokers and ceding companies for all target business.


Help in the preparation of the Financial, Specialty & Marine and Agriculture, Treaty Budgets in close coordination with the Department Head for the region.

  • Liaise with pricing actuary to review results to better interpret results and changes in pricing
  • Help in the implementation of a business plan strategy for the profitable underwriting of a diverse and balanced Financial, Specialty & Marine and Agriculture, Treaty portfolio of Latin American and the Caribbean on Proportional and Non Proportional basis.
  • Continuous monitoring of account performance versus agreed target
  • Constant review, adjustment and establishment of new budget goals
  • Review and approval of new offers and renewals in line with Validus Re underwriting and pricing guidelines, as well as revision and approval of special acceptances & endorsements
  • Supervise the input process and storage of data in accordance with the underwriting workflow process
  • Proactive use and understanding of all metrics associated with Validus Re Pricing tool, VCAPS.
  • Training and supervision of subordinates including but not limited to following: VRI Validus Re UW Guidelines, need for consistency, need for precision, documentation of G: shared Drive, uploading required documents in DMS/Workflow.
  • Ensure compliance of laws, rules and regulations affecting Validus Re business (both internal and external)
  • Maintain awareness of changing insurance/reinsurance market conditions to take advantage of new opportunities
  • Coordinate with Validus Re underwriting, actuarial, accounting, IT audit and claims departments, to ensure that all information related to the existing portfolio and prospective business is in order
  • Constant communication with the Claims Manager to discuss issues related to potential claims
  • Working with Accounting Department in resolving premium payment discrepancies or other issues that may arise.
  • Establish and effective marketing strategy to promote our department and our group capabilities in an effort to effectively cross-sell our products
  • Clear and open communication with all other underwriting departments of the group
  • Business travel and marketing required
  • Perform other duties as assigned or as may be necessary 

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. A demonstrably successful underwriting track record, professional insurance qualifications and/or designations a plus.EDUCATION and/or EXPERIENCE

    Bachelor’s degree in finance, Law, business administration or risk management and insuranceMinimum five years of underwriting experience in Surety

    CPCU, Are, or AFSB Desired.

    Knowledge of EXCEL, Word


  • Fully Bilingual – English and Spanish, Portuguese is desirable
  • Excellent Written and Verbal Communication Skills
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. MATHEMATICAL AND ANALYTICAL SKILLS
  • Ability to work with mathematical concepts such as probability and statistical inference.
  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. REASONING ABILITY
  • Ability to define problems, collect and research data, establish facts, and draw valid conclusions.
  • Resourceful and decisive with overall good reasoning ability and high degree of attention to detail.
  • Uses intuition and experience to complement data ORAL COMMUNICATION
  • Speaks clearly and persuasively in positive or negative situations
  • Able to explain clearly to all subordinates their tasks and goals. WRITTEN COMMUNICATION
  • Writes clearly and informatively
  • Presents numerical data effectively
  • Able to read and interpret written information
  • Able to write reports, business correspondence and procedure manuals PLANNING & ORGANIZING
  • Prioritize and plan work activities
  • Able to process heavy work loads
  • Set goals and objectives
  • Uses time efficiently
  • Proper supervising of all subordinates

APPLY (LinkedIn)






2021 Miami (re) Insurance Week Golf Tournament

Load More Related Articles
Load More By iNLIP
Load More In Jobs

Check Also

Howden acquires parametric catastrophe risk specialist MiCRO

The acquisition of MiCRO reflects Howden’s commitment to invest in positive social change …