Account Risk Engineer at AIG

Chicago, Illinois, United States

AIG Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Risk ManagementIndustries

Requirements

  • Bachelor’s degree in Science, Technology, Engineering or Mathematics
  • Minimum fifteen (15) years of highly protected risk, specialized industry and/or boiler and machinery field experience
  • Knowledge of a wide range of light to high hazard occupancies and considered a subject matter expert in some
  • Strong communicator (both oral and written)
  • Position is expected to travel and attend meetings at various office, field, and construction sites
  • Highly motivated and works well without close supervision
  • Ability to make decisions with and without established guidelines and to provide technical support to underwriters and clients
  • Ability to work closely with various Account Teams including Account Engineers and Underwriters
  • Ability to complete assignments on-time
  • Professional Engineer or Certified Fire Protection Specialist Designation (desired but not required)

Responsibilities

  • Perform property loss prevention reviews of commercial property accounts
  • Document the account review results in a data-driven application
  • Conduct periodic client service meetings with underwriting, broker and client
  • Analyze and manage risk improvements of an account and work with the client to prioritize and implement them
  • Translate client needs and loss prevention strategies into a client service plan
  • Estimate of the cost of engineering services
  • Conduct reviews of field survey reports
  • Periodically conduct or witness property loss prevention surveys key facilities of a client
  • Technically analyze the loss prevention attributes of a facility including:
  • Determine building construction and assess the impact of plastics on construction
  • Analyze water supplies and sprinkler system demands to determine water supply and sprinkler system adequacy
  • Identify occupancy hazards and assess the adequacy of their protection features
  • Identify and assess the impact of external exposures on a facility
  • Determine fire and natural catastrophe loss estimates for a facility
  • Conduct consultative visits at customer facilities
  • Conduct plan reviews
  • Witness fire protection equipment testing
  • Provide engineering data system support/guidance and stay abreast of system related issues within region

Skills

Risk Assessment
Loss Prevention
Analytical Skills
Effective Communication
Risk Profile Development
Underwriting Collaboration
Manufacturing Survey
Contingent Business Interruption
Fire Risk
Flood Risk
Windstorm Risk
Equipment Breakdown
Boiler and Machinery

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters
1919Year Founded
IPOCompany Stage
Cybersecurity, Financial ServicesIndustries
10,001+Employees

Benefits

Health, dental, & vision coverage
Flexible Spending Accounts (FSA)
401(k)
PTO
Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.
Expansion in Atlanta could pose financial risks if expected growth does not materialize.
Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.
Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.
AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.
InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.
Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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