Senior Underwriter - Casualty at AIG

London, England, United Kingdom

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Proven underwriting experience, with good knowledge of heavy Industrial, Chemical, Utility and Energy Casualty business
The ability to analyse financial statements
Strong communication, networking and relationship building skills
Good organizational and time management skills
Customer and Sales orientated behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable
An interest in mentoring and training (even if not held these duties previously)

Responsibilities

Drive profitable growth in Energy Casualty by working on creative solutions for complex risks
Underwrite a range of new and renewal business, using proven relationship building skills
Work closely with brokers to communicate risk appetite and value proposition, and understand deal structures, terms and products that best meet clients’ needs
Negotiate pricing, terms & conditions, and deal structure with brokers and clients
Generate new business by expanding broker network, attending broker events, and building new relationships across the market
Collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities
Set a high standard of customer service to brokers and clients, providing an example for junior colleagues
Provide guidance, mentoring and training to less-experienced underwriters, and support them in building their broker network

Skills

Key technologies and capabilities for this role

Casualty UnderwritingEnergy CasualtyBroker RelationsRisk AppetiteNegotiationPricing NegotiationTerms NegotiationBusiness DevelopmentCross-SellingMentoringUnderwriter Training

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

The role requires team members to be primarily in the office to support in-person collaboration, which is a vital part of AIG's culture.

What skills and experience are required for the Senior Underwriter role?

Candidates need proven underwriting experience with good knowledge of heavy Industrial, Chemical, Utility and Energy Casualty business, the ability to analyze financial statements, strong communication, networking and relationship building skills, and good organizational and time management skills.

What does the company culture emphasize at AIG?

AIG values in-person collaboration as a vital part of its culture to work together effectively and create a supportive, connected environment for the team and clients.

What makes a strong candidate for this Senior Underwriter position?

A strong candidate has proven underwriting experience in Energy Casualty, customer and sales-oriented behaviors like being motivated, tenacious, and proactive, plus an interest in mentoring junior colleagues.

What benefits does AIG offer?

AIG provides Total Rewards benefits designed to protect and invest in what matters most to employees, as their people are their greatest asset.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free