Underwriting Manager

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 insurance, life insurance, retirement solutions, and other financial services 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

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

About the role

What you need to know:
As a Leader, you are respected for your deep technical expertise and/or ability to oversee programs and processes. 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.

You will deal directly with brokers and clients to handle new business and renewal submissions and perform underwriting analyses, in line with global underwriting strategy, which generates positive returns for the business.

Key responsibilities include:

- Assess and underwrite prospect business and renewal accounts 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
- Negotiate contract terms with brokers and clients
- Adhere to company procedures and documentation management standards
- Ensure that underwriting information is maintained accurately in underwriting systems
- Foster strong business relationships with external and internal business partners
- Gain a thorough understanding of our clients' businesses to develop effective insurance solutions
- Attend client/broker meetings, presentations, and relevant industry events on behalf of the company
- Participate in special underwriting projects as required
- Work cross functionally with other underwriting teams in AIG to achieve corporate objectives

What we’re looking for:

- Good experience of underwriting or brokerage experience in the energy and construction segment.
- Graduate degree or equivalent
- Good technical understanding of the respective product line
- Detailed understanding of a profit & loss statement
- Strong analytical skills and proficient working knowledge of Microsoft Excel
- Strong IT skills capable of working off a variety of technology platforms including underwriting platforms, raters, electronic trading platforms
- Results oriented and highly accountable
- Effective interpersonal 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 uniq