Full-Time

Underwriter

Renewables

Posted on 4/7/2025

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

No salary listed

Senior

London, UK

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Connection
Connection
Connection
logo

Get referrals →

You have ways to get a American International Group referral from your network.

đź’ˇ

Applications through a referral are 3x more likely to get an interview!

Requirements
  • CII qualified or working towards it
  • Extensive experience underwriting profitable business in the Renewable Energy segment of large corporate international insurance
  • Recognized relationships with clients and brokers at peer group level
  • Specialized understanding of regional/local Renewable, 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
  • Ability to design, develop and implement consistent, robust wordings for contracts
  • Excellent negotiation skills
  • Excellent organizational and interpersonal skills
  • Results-oriented
Responsibilities
  • Actively source and underwrite new business to meet profitability targets
  • Develop, grow, manage, and maintain a profitable book of Renewable Energy accounts
  • Underwrite in line with the Energy & Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules
  • Oversee a globally consistent data set of submissions and the historical loss results of that portfolio
  • Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims and Operations
  • Manage referrals and undertake 4-eye reviews with underwriters
  • Contribute to the development and execution of regional underwriting strategy
  • Create and maintain positive relationships with key producers and clients and other relevant stakeholders
  • Ensure accurate policy documentation is issued to producers
  • Provide training and support to junior members of the Energy & Construction team
  • Manage assigned underwriting assistants where required
American International Group

American International Group

View

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven underwriting reduces costs and improves AIG's operational efficiency.
  • Growing demand for cybersecurity insurance presents new product opportunities for AIG.
  • AIG's expansion in Atlanta enhances regional service capabilities and talent access.

What critics are saying

  • Tech-driven startups could erode AIG's market share with innovative solutions.
  • Climate change-related disasters may increase AIG's claims costs and impact profitability.
  • Digital transformation requires significant investment, potentially straining AIG's resources.

What makes American International Group unique

  • AIG's partnership with Blackstone for Syndicate 2478 offers new capital opportunities.
  • Corebridge Financial's focus on retirement planning diversifies AIG's service offerings.
  • AIG's emphasis on cybersecurity ensures client data protection and trust.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Paid Sick Leave

Paid Vacation

Tuition Reimbursement

Flexible Work Hours

Company News

Coverage
Jan 28th, 2025
Aig Announces Expanded Global Leadership Role For Jon Hancock

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 9th, 2025
Aig Appoints Christopher Flatt Global Chief Underwriting Officer

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 1st, 2025
Aig Completes Sale Of Travel Guard Business To Zurich

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 1st, 2025
Aig Launches Syndicate 2478 At Lloyd’S In Partnership With Blackstone

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Intelligence360
Nov 19th, 2024
Aig To Expand Into 180,000 Square Feet Of Space In Atlanta Georgia.

Atlanta, Georgia — According to state and local development sources, AIG plans to build out 180,000 square feet of new space in Atlanta. The company plans to occupy the new space at 3500 Lenox Rd NE in Atlanta, on or about April 1, 2026. According to the company website American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance

INACTIVE