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Salary Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property, casualty and specialty insurance to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
Get to know the business
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market ground-breaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas.
As we continue to grow and develop our Renewable Energy team we now have a rare opportunity for a Senior Renewable Energy Underwriter to join them working out of our London office.
About the role
What you need to know:
Actively source and underwrite new business to meet profitability targets.
Develop, grow, manage and maintain a profitable book of Renewable Energy accounts
Underwrite in line with the Energy & Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules.
Oversee a globally consistent data set of submissions and the historical loss results of that portfolio.
Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims and Operations.
Manage referrals and undertake 4-eye reviews with underwriters.
Contribute to the development and execution of regional underwriting strategy.
Create and maintain positive relationships with key producers and clients and other relevant stakeholders.
Ensure accurate policy documentation is issued to producers.
Provide training and support to junior members of the Energy & Construction team
Manage assigned underwriting assistants where required
What we are looking for
You will have extensive experience underwriting profitable business in the Renewable Energy segment of large corporate international insurance
You have recognized relationships with clients and brokers at peer group level and are well established within the market.
You have a specialized understanding of regional / local Renewable, Engineering & Construction insurance markets and competitor landscape.
Capable of leveraging data and analytics to make business more efficient and effective.
You have a good understanding of the legal and regulatory environment
You can design, develop and implement consistent, robust wordings for contracts.
You have Excellent negotiation skills, ability to build, maintain and expand relationship with key broker partners and clients
You have Excellent organizational and interpersonal skills
Candidate should be results-oriented
#LI-AIG
A look at our Benefits
We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd
