Full-Time

Account Risk Engineer

Power Generation

AIG

AIG

10,001+ employees

Global insurer underwriting policies and investments

No salary listed

Company Historically Provides H1B Sponsorship

Houston, TX, USA + 2 more

More locations: Miami, FL, USA | Alpharetta, GA, USA

Hybrid

Home-based role with approximately 50% travel, predominantly in the United States and Latin America.

Bachelor's

Category
Insurance
Required Skills
Data Analysis

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Requirements
  • A Bachelor's degree in Science, Technology, Engineering or Mathematics is required.
  • A minimum of five years of industry experience in Power Generation and Renewable Energy is required.
  • Fluency in English and Spanish is required.
  • Knowledge of a wide range of occupancies and exposures according to best business practices is required.
  • The role requires the ability to identify, analyze, and solve problems; learn rapidly; adapt quickly to change; exercise influence; and manage and prioritize multiple concurrent projects.
  • The role requires the ability to work in a dynamic, rapidly changing environment, adapt to changing requirements, and collaborate with a wide range of colleagues to quickly deliver solutions.
  • The role requires strong verbal and written communication skills.
  • The role requires at least one year of driving experience and a valid driver's license.
  • The role requires the ability to perform the physical activities required for the position, including standing and walking for eight to ten hours per day and safely working at heights.
  • The role requires the ability to understand and appreciate safety training specific to numerous workplace and construction hazards.
  • The role requires the ability to safely use ladders, scaffolds, lifts, and other access equipment.
  • The role requires the ability to lift and carry materials and equipment weighing up to 50 pounds.
  • The role requires the ability to perform work outdoors.
  • The role requires the ability to wear required safety equipment, including a hard hat, safety shoes, safety glasses, and hearing protection.
  • The role requires the ability to safely work in a variety of occupationally hazardous locations.
  • The role requires the ability to type at a computer for several hours per day.
  • The role requires the ability to drive and safely operate a motor vehicle.
  • A current passport is required.
Responsibilities
  • Perform loss control inspections, desktop reviews, and account reviews for a wide range of energy accounts.
  • Determine key loss prevention attributes at various energy facilities.
  • Evaluate hazards associated with turbine generators, power generation equipment, and renewable technology.
  • Evaluate overall management programs and maintenance programs.
  • Evaluate business interruption exposures, including Contingent Business Interruption and Interdependencies Business Interruption.
  • Determine building construction and assess construction characteristics as applicable.
  • Analyze water supplies and sprinkler system demands to determine water supply and sprinkler system adequacy.
  • Identify occupancy hazards and assess the adequacy of their protection features.
  • Identify and assess the impact of external exposures on a facility.
  • Determine fire and natural catastrophe loss estimates for a facility.
  • Conduct consultative visits at customer facilities.
  • Conduct plan reviews.
  • Document survey results in a data-driven report-writing application.
  • Mentor and train lesser-experienced staff.
  • Provide technical support to account engineers, underwriters, and clients.

AIG is a global insurer offering life, retirement, and commercial insurance for individuals and businesses. Customers pay premiums in exchange for coverage; AIG underwrites policies, pays claims, and invests premium income to earn returns, with a focus on risk assessment and data security. It stands out with a broad global presence and a diversified portfolio that includes Corebridge Financial, a subsidiary focused on retirement planning. Its goal is to help clients manage risk, protect assets, and achieve long-term financial security through comprehensive insurance and retirement solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 adjusted after-tax income reached $1.1 billion, up 10% year over year.
  • General Insurance underwriting income rose 10% to $686 million, with combined ratio improving.
  • AIG returned $904 million in Q2 2026 and held a 30.7% trailing expense ratio.

What critics are saying

  • North America property remains under pressure; AIG cut exposure as pricing competition persists.
  • Q2 2026 catastrophe charges hit $210 million, including $75 million from Middle East losses.
  • A severe cyber aggregation or hurricane season would crush surplus and force capital raises.

What makes AIG unique

  • AIG's global commercial franchise drove Q2 2026 net premiums written up 9%.
  • Parametric Cloud Outage Solution with Parametrix pays cloud downtime claims faster than rivals.
  • Eric Andersen and Nancy Bewlay are sharpening underwriting discipline across General Insurance.

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Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Company News

Yahoo Finance
Aug 16th, 2026
AIG launches parametric cyber cover for US cloud outage risks with Parametrix

American International Group has launched a parametric cloud outage cyber insurance product for US clients, developed with Parametrix. The solution covers business interruption risks from third-party cloud and software service provider outages. Claims are based on predefined outage triggers and external monitoring data, designed to accelerate the claims process. The product targets US businesses heavily reliant on cloud infrastructure and software platforms. AIG, a US insurance company with a market capitalisation of approximately $39.8 billion, aims to compete for larger cyber and professional liability programmes where cloud downtime recovery is crucial. The launch aligns with the company's focus on digitalisation and specialised products. Investors should monitor upcoming quarterly disclosures for cyber or parametric premium volumes and client uptake commentary to assess the product's market traction.

Yahoo Finance
Aug 12th, 2026
AIG Q2 revenue misses forecasts at $7.11B despite profit beat

AIG reported second-quarter revenue of $7.11 billion, missing analyst estimates of $7.27 billion despite 3.9% year-on-year growth. However, the insurance giant's non-GAAP earnings per share of $2 beat expectations by 3.7%. The revenue shortfall stemmed from deliberate contraction in North American property portfolios as management prioritised risk-adjusted returns amid increasing market competition. CEO Eric Andersen highlighted strong performance in accident and health products and high net worth personal lines. AIG is deploying artificial intelligence platforms to improve underwriting and claims processing whilst targeting expense ratio reductions below 30% by 2027. The company announced an acquisition of Everest Insurance's Colombia operations to expand in Latin American markets. Management maintains focus on balancing growth with profitability through disciplined underwriting and selective portfolio expansion.

Yahoo Finance
May 26th, 2026
AIG shares slip 9% YTD despite generating $3.2B net income, trading 10.9% below fair value

American International Group (AIG) shares currently trade at $77.05, down 9% year to date despite rising 3% over the past month. The stock has delivered a 50.4% total shareholder return over three years. The most popular valuation narrative suggests AIG is 10.9% undervalued, with a fair value of $86.45. This assessment relies on the company's digitalisation and artificial intelligence initiatives across underwriting and claims, which could enhance operational efficiency and margins. AIG generated $26.7 billion in revenue and $3.2 billion in net income. However, the stock trades at 12.9 times earnings, above both the US insurance industry average of 11.3 times and its own fair ratio of 12.7 times. Key risks include climate exposure and claims inflation potentially pressuring margins.

Yahoo Finance
May 16th, 2026
AIG appoints Thomas Stoddard to board ahead of 2026 CEO transition to Eric Andersen

American International Group has appointed Thomas Stoddard as an independent director, aligning with its planned CEO transition to Eric Andersen on 1 June 2026. Stoddard will serve on the Audit Committee. Stoddard brings extensive experience across insurance, asset management and investment banking, including CFO roles at Aviva and Athora, and currently serves on Prudential Financial's board. His background in capital structure, mergers and acquisitions, and reinsurance may inform AIG's decisions on capital allocation, buybacks and portfolio reshaping. The appointment strengthens board oversight ahead of the leadership change, particularly around risk management, underwriting discipline and balance sheet strength. Investors can monitor how Stoddard's influence appears in future disclosures on business mix and capital priorities as AIG navigates the transition.

Yahoo Finance
May 1st, 2026
AIG reports 'exceptional' Q1 with underwriting income tripling to $774M

American International Group reported what CEO Peter Zaffino called an "exceptional" first quarter, with strong underwriting results and double-digit premium growth in General Insurance. Net premiums written in General Insurance increased 18% year-over-year on a constant dollar basis, driven by Global Commercial Insurance (up 21%) and Global Personal Insurance (up 11%). Adjusted pre-tax income rose 65% to $1.5 billion, whilst underwriting income more than tripled to $774 million. The accident year combined ratio improved 120 basis points to 86.6%. Calendar year combined ratio reached 87.3%, improving 850 basis points year-over-year. The company reported $132 million in favourable prior-year development, primarily from US property and Financial Lines. Adjusted after-tax income per diluted share rose 80% to $2.11.