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Regional Product Specialist, Lexington Builders Risk

Posted 2 Days Ago
Be an Early Applicant
5 Locations
115K-144K Annually
Senior level
5 Locations
115K-144K Annually
Senior level
Manage a portfolio of Builders Risk insurance products, ensuring profitability and developing relationships with brokers. Responsibilities include underwriting, training staff, and new business development.
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Regional Product Specialist, Lexington Builders Risk

Lexington has an opportunity for a Regional Production Specialist on the U.S. Builders Risk team specializing in underwriting primary, shared and layered construction risks. The Regional 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 territory’s portfolio. A Regional 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 staff to their fullest potential is required.

Make your mark in Underwriting

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.

How you will create an impact

  • This is a key role in our Lexington Builders Risk team in which you will take ownership for achieving goals and outcomes. You will be tasked with overseeing a range of programs and processes, in addition to handling a portfolio of Master Builders Risk program renewals and new business made up of complex risks.
  • You will thrive by successfully balancing the needs of multiple stakeholders and making sound decisions using data, analysis, experience, judgment, and a risk mindset. It will be essential to build effective relationships with brokers and to deliver a high standard of customer service as an example for the team to follow.
  • You will promote a culture of collaboration, inclusivity, and learning while mentoring and developing colleagues through effective leadership, role modeling, and training programs. You will aim to facilitate personal growth and career development, supporting succession planning.
  • You will also play a key role in new business development, including attending broker events and building new relationships across the market. Handle a portfolio of Master Builders Risk program renewals and new business made up of complex risks.

What you’ll need to succeed:

  • Proven underwriting experience in US Builders Risk, Inland Marine, Construction or Property including product features, forms, regulatory environment, and risks etc. and a successful record of selling products to clients.
  • Deep technical expertise of Builder’s Risk as well as knowledge of the market, portfolio management, acquisition, and distribution
  • Strong communication, networking, and relationship-building skills.
  • Good organizational and time management skills.
  • Customer and sales-orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.

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

For positions based in Chicago, New York, Los Angeles, San Francisco, , the base salary range is $114,500 - $143,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

#LI-ME1

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected 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.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 [email protected].  

We consider qualified applicants with criminal histories, consistent with applicable law.

Functional Area:

UW - Underwriting

Lexington Specialty Insurance Agency, Inc.

Top Skills

Marketing
Sales
Underwriting

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