Senior Underwriter, Energy

#LI-JC1

Due to growth we are looking for a Senior Underwriter to join our Energy team. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Energy 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

This role is an integral part of AIG’s Energy team in Australia and reports to the Head of Energy, Australasia.  AIG Energy is a global market leader in its field and forms part of the Global Specialty business. 

The Senior Energy Underwriter role offers the successful candidate the opportunity to work in a highly technical and specialised field of insurance. You will have accountability in managing and growing a portfolio of carefully selected risks within Australia’s most critical industries.

Key accountabilities will include but not limited to:

• Strong technical understanding of Energy property risks within either Mining, Power Generation, Renewable Energy, Oil & Gas, or Chemicals industries.

• Underwrite Energy risks in line with the Energy governance framework e.g., Underwriting Authorities, Underwriting Guidelines and Functional Rules.

• Actively source and underwrite new business to meet profitability targets.

• 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.

• Proactively take on selected tasks and special projects, which compliment your role and the Energy team’s strategic development.

What you’ll need to succeed

• Preferably, you have a degree either in Engineering, Economics, Law, or other appropriate discipline.

• Demonstrated experience underwriting profitable Energy business.

• You have recognized relationships with clients and brokers at peer group level and are established within the market.

• You have a good understanding of regional Energy 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 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.

Ready to make a bigger impact? We look forward to reviewing your application.

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 Australia Limited