Senior Underwriter Energy (f/m/x)

At AIG, we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

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.

How you will create an impact

As a senior underwriter on the EMEA (Europe/Middle East/Africa) Energy team, you are respected for your technical expertise and ability to oversee complex insurance programs. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes.

In this position you will be responsible for:

• Underwriting and managing an existing book of energy risks, and developing and underwriting a pipeline of new business opportunities across the territory.
• Exercising underwriting authority in accordance with the published underwriting guidelines.
• Effectively negotiating and securing policy terms that align with the company directives, utilizing product and service offerings to bring value to the client.
• Communicating our value proposition with our brokers and clients and demonstrating our right to win
• Managing and developing effective producer and client relationships throughout assigned territory, and providing superior customer service.
• Attending client/broker meetings, presentations and relevant industry events on behalf of the company.
• Establishing strong relationships with zonal leadership.
• Collaborating with peers in other regions and with the office of the CUO, ensuring a consistent approach to market throughout the territory.
• Communicating to internal stakeholders on the profitability of the portfolio.
• Identifying future industry trends, understand how they will impact ours our client’s business and developing new strategies around those trends
• Participating in special underwriting projects as needed.
• Ensuring the required standards of governance, systems and controls, and regulatory compliance are established and maintained.

What you’ll need to succeed

• Many years of experience in the Energy property insurance market.
• Bachelor’s degree from a four-year college or university.
• Technical knowledge of the energy space including Downstream, Chemical, Power, Mining and Renewables, understanding key hazards associates with them, industry loss trends and the ability to differentiate risks.
• Outcome focused, self-motivated, flexible and enthusiastic.
• Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
• Ability to analyze policy wordings, including manuscript forms.
• 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-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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 inclusion

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

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

Functional Area:

UW - Underwriting

AIG Europe S.A. (Germany branch)