Class Underwriter, Upstream Energy at AIG

London, England, United Kingdom

AIG Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, EnergyIndustries

Requirements

  • Experience of Lloyd’s market as an Energy Underwriter (preferred)
  • Detailed knowledge of Upstream products
  • Chartered Insurance Institute – Advanced Diploma or educated to degree level (preferred)
  • Able to operate independently with little direction or guidance
  • Self-reliance and initiative (“self-starter”)
  • Prioritization skills
  • Strong team working approach
  • Excellent verbal, written, and professional communication skills, including negotiation skills
  • Ability to understand problems and issues quickly
  • Positive and methodical approach

Responsibilities

  • Attend broker meetings, client meetings, facilitation of company events, and business-related travel
  • Portfolio management – Day-to-day servicing and underwriting of the portfolio
  • Partnering with internal teams to drive portfolio performance, compliance, and efficiency
  • Developing broker and client relationships through market facing activities and new business development

Skills

Energy Underwriting
Lloyd's Market
Upstream Products
Portfolio Management
Negotiation
Broker Meetings
Client Relationships
Risk Management
Crisis Management

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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