Business Process Analyst, Business Insurance
Marsh McLennan
Wordings Specialist, Property Insurance
AIG
full-time
Posted on:
Location: Kansas, North Carolina • 🇺🇸 United States
Visit company websiteJob Level
Mid-LevelSenior
About the role
- 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 Global Property Wording Manager 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 Global Property Wording Manager 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 Underwriting Bulletins and other 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
Requirements
- 3+ years of policy language analysis and drafting experience, preferably in Property, or alternatively, two years of drafting experience and three years of Property underwriting experience
- Ability to break down difficult concepts in order to provide clear and succinct explanations to underwriters and other stakeholders
- Experience with US Property markets and policy forms; experience and knowledge of both admitted and surplus lines markets a plus
- Proficiency in both working independently and collaborating with others in a team environment across multiple disciplines
- Able to manage time effectively, capable of prioritizing projects and responding promptly in an appropriate manner
- Ability to anticipate client (internal and external) needs and act proactively
- Identify problems and deliver appropriate solutions
- Demonstrate attention to detail, and maintain accurate documentation
- Willingness to continually learn from experiences and new situations
- Experience in building out and maintaining forms libraries a plus
- Proficiency in Word, Teams and PowerPoint required, familiarity with Excel preferred
- Degree from a four-year college or university
