Aerospace Underwriting Specialist
Are you passionate about the aerospace industry and have a strong background in underwriting? Look no further! American International Group is seeking a skilled Aerospace Underwriting Specialist to join our dynamic team. As a leading global insurance company, we strive to provide innovative solutions and exceptional service to our clients. As an Aerospace Underwriting Specialist, you will play a vital role in assessing and managing risks for our aerospace clients. If you have a sharp eye for detail, excellent analytical skills, and a strong understanding of the aerospace market, we want to hear from you! Join us in making a difference in the world of aviation and take your career to new heights with AIG.
- Conduct thorough risk assessments for aerospace clients and make recommendations for coverage and pricing based on company guidelines and industry standards.
- Utilize knowledge of the aerospace market to identify potential risks and opportunities.
- Collaborate with brokers and other internal and external stakeholders to develop innovative and customized solutions for clients.
- Analyze and interpret data to determine the potential impact of various factors on policies and premiums.
- Stay up-to-date with industry trends and regulations to ensure compliance and competitiveness in the market.
- Build and maintain strong relationships with clients to understand their needs and provide exceptional service.
- Review and underwrite complex and high-value policies, ensuring accuracy and adherence to company policies and procedures.
- Develop and implement underwriting strategies to achieve business objectives and targets.
- Monitor and evaluate the performance of policies and make adjustments as needed.
- Provide guidance and support to junior underwriters and assist with their training and development.
- Participate in meetings, conferences, and industry events to network and stay informed about the latest developments in the aerospace industry.
- Collaborate with other departments, such as claims and risk management, to provide a holistic approach to risk management for clients.
- Maintain accurate and organized underwriting files and records.
- Continuously seek opportunities for process improvement and contribute to the development of new underwriting guidelines and procedures.
- Adhere to company standards of ethics, professionalism, and customer service excellence at all times.
Bachelor's Degree In Aerospace Engineering Or A Related Field: A Strong Educational Background In Aerospace Engineering Or A Related Field Is Essential For An Aerospace Underwriting Specialist Role At American International Group (Aig). This Qualification Ensures A Solid Understanding Of The Technical Aspects Of The Aerospace Industry And Helps In Assessing And Evaluating Risks Accurately.
Experience In Underwriting Aerospace Insurance Policies: A Minimum Of 3-5 Years Of Experience In Underwriting Aerospace Insurance Policies Is Preferred For This Role. This Experience Helps In Understanding The Intricacies And Complexities Of The Industry, Identifying Potential Risks, And Making Informed Underwriting Decisions.
Knowledge Of Industry Regulations And Compliance: An In-Depth Understanding Of Industry Regulations And Compliance Is A Critical Qualification For An Aerospace Underwriting Specialist At Aig. This Includes Knowledge Of Federal Aviation Administration (Faa) Regulations, International Civil Aviation Organization (Icao) Standards, And Other Relevant Guidelines.
Analytical And Problem-Solving Skills: An Aerospace Underwriting Specialist Must Possess Strong Analytical And Problem-Solving Skills To Evaluate Risks, Develop Underwriting Strategies, And Make Sound Decisions. This Qualification Is Essential For Effectively Managing A Diverse Portfolio Of Aerospace Insurance Policies And Ensuring Profitability For The Company.
Strong Communication And Interpersonal Skills: As An Aerospace Underwriting Specialist, One Must Have Excellent Communication And Interpersonal Skills To Interact With Clients, Brokers, And Other Stakeholders Effectively. This Includes The Ability To Negotiate Terms And Conditions, Explain Complex Concepts, And Build Strong Relationships With Clients And Industry Professionals.
Data Analysis
Market Research
Contract Negotiation
Policy Analysis
Compliance Management
Risk assessment
Profitability Analysis
Claims handling
Underwriting Guidelines
Reinsurance Knowledge
Aviation Industry Knowledge
Communication
Conflict Resolution
Decision Making
Leadership
Problem Solving
Time management
creativity
Teamwork
Adaptability
Empathy
According to JobzMall, the average salary range for a Aerospace Underwriting Specialist in Atlanta, GA, USA is between $70,000 - $90,000 per year. This can vary depending on the specific company, experience level, and other factors.
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American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.
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