Senior Underwriter Energy

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.

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.

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.

• 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

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