
Construction Underwriter
4 days ago
What you need to know:
- Assess and underwrite profitable Construction business in line with your underwriting authority, as well as the AIG's business strategy and underwriting guidelines.
- Work closely together with our risk engineering, claims and analytical support teams to assess risk quality and loss exposures, determine appropriate pricing and ensure operational efficiency.
- Actively seek and lead new account opportunities.
- Negotiate contract terms with brokers and clients.
- Foster and maintain strong business relationships with external and internal business partners.
- Collaborate with the regional Construction Head on strategy.
- Adhere to company procedures and documentation management standards.
- Ensure that underwriting information is maintained accurately in underwriting systems.
- Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
- Work cross functionally with other underwriting teams in AIG to achieve corporate objectives
What we’re looking for:
- Preferably, ACII qualified with a degree either in Engineering/Construction, economics, law, or other appropriate discipline.
- Good experience of underwriting profitable business in the Engineering & Construction segment of large corporate international insurance.
- Recognized relationships with clients and brokers at peer group level and are well established within the market.
- Strong experience and understanding of Engineering & Construction policy contracts and manuscript wordings.
- Specialized understanding of regional / local Engineering & Construction insurance markets and competitor landscape.
- Sound knowledge and understanding of the legal and regulatory environment.
- Strong IT and analytical skills capable of working off a variety of technology platforms including underwriting platforms, raters, electronic trading platforms and leveraging data to make business more efficient and effective.
- Results oriented and highly accountable.
- Effective interpersonal, negotiation and communication skills.
- Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline.
- Foreign language skills are a plus.
LI-LY1
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 24 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:
- 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 Asia Pacific Insurance Pte. Ltd.
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