Senior Underwriter, Construction
3 days ago
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Singapore Cyber Lead 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
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.
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.
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 you’ll need to succeed
Proven experience in underwriting profitable business in the Engineering & Construction segment of large corporate international insurance.
Technical expertise in Engineering/Construction, economics, law or other appropriate discipline.
Recognized relationships with clients and brokers at peer group level and are well established within the market.
Specialized understanding of regional / local Engineering & Construction insurance markets and competitor landscape.
Capable of leveraging data and analytics to make business more efficient and effective.
Good understanding of the legal and regulatory environment.
Able to design, develop and implement consistent, robust wordings for contracts.
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.
Ready to take your career to the next level? We would love to hear from you.
LI-RO1
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 belonging
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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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.
**Functional Area**:
UW - Underwriting
AIG Asia Pacific Insurance Pte. Ltd.
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