Underwriter, Specialty Lines - Energy and Construction

Underwriter - Specialty Lines

This Underwriting role will be an ideal opportunity to develop your experience and expertise in the energy insurance industry.

Make your mark in 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.

AIG has an exciting opportunity for an Underwriter to join our Energy Property Team focused on growing a profitable portfolio of oil and petrochemical risks.

How you will create an impact

• Underwriting and managing an existing book of oil and petrochemical energy risks and developing and underwriting a pipeline of new business opportunities across the country
• Collaborating with peers in other regions and providing technical underwriting support on existing accounts in those regions, ensuring a consistent approach to market throughout the country.
• Negotiate terms and conditions with brokers and clients
• Communicating our value proposition with our brokers and clients and demonstrating our right to win
• Identifying future industry trends, understand how they will impact ours our client’s business and developing new strategies around those trends
• Communicating to internal stakeholders on the profitable of the portfolio
• Providing superior customer service to brokers and clients.
• Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
• Participating in special underwriting projects as needed.

What you’ll need to succeed

• Experience in the energy property insurance market
• Bachelor’s degree from a four-year college or university.
• Knowledge of the oil and petrochemical energy space including Refining, Chemical, Petrochemical and LNG, understanding key hazards associates with them, industry loss trends and the ability to differentiate risks
• Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
• Ability to analyze policy wordings
• Demonstrated knowledge of current market conditions, trends and the ability to leverage that knowledge to give us right to win.
• Relationships with tier 1 and 2 brokers and the ability to develop new relationships
• Demonstrated sales, marketing, and relationship building experience.
• Strong verbal and written communication skills
• Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline
• Willingness to travel 25% of the time

#LI-AR1 #underwriting #underwriter #energy #construction

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by nume