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AIG

Underwrites insurance for businesses and individuals

Lead Underwriter Commercial Property

UnderwritingUpdated on Nov 10
Full-timeNo salary listed

About the Job

Requirements

  • Completed university degree in business, law, or engineering, qualified vocational training in the insurance industry, or a comparable qualification.
  • Several years of in-depth experience underwriting large and complex industrial property risks.
  • Demonstrated experience successfully acquiring, structuring, and placing lead accounts.
  • Strong commercial understanding and focus on profitable growth.
  • Strong network and market presence in the German or DACH insurance market, including established relationships with relevant industrial insurance brokers.
  • Strong market presence and interest in actively developing customer and broker relationships.
  • Strong sales orientation, negotiation skills, and ability to close deals.
  • Ability to analyze complex risks, price them appropriately, and develop economically attractive coverage solutions.
  • In-depth knowledge of international insurance programs, reinsurance structures, and industrial property insurance concepts.
  • Confidence in dealings with customers, brokers, and internal decision-makers.
  • Entrepreneurial thinking, initiative, and willingness to take personal responsibility for business results.
  • Decisiveness and ability to pursue business opportunities through to successful completion.
  • Very good spoken and written German and English.
  • Willingness to travel regularly within the DACH region.

Responsibilities

  • Independently underwrite large and complex industrial property risks in domestic and international business, and manage and develop significant domestic and international customer relationships.
  • Take responsibility for the complete underwriting and deal process, from initial opportunity through risk analysis and pricing to successful completion.
  • Identify, acquire, and develop new lead accounts in the DACH market.
  • Structure and negotiate tailored insurance solutions for large industrial and service companies.
  • Grow profitable new business and strengthen AIG’s lead position in the commercial property market by monitoring market, competitive, and risk trends and identifying concrete business opportunities.
  • Actively develop the market and build and maintain lasting relationships with brokers, customers, and relevant decision-makers.
  • Work closely with Distribution, Sales, and Client Management to develop and execute specific business opportunities.
  • Coordinate international commercial property programs with AIG’s global network.
  • Conduct customer meetings and broker presentations, and position AIG as the lead insurer.
  • Participate in risk inspections and evaluate technical reports to inform underwriting decisions.
  • Collaborate with Risk Engineering, Claims, Distribution, and international underwriting units, including Multinational and Captive, to develop competitive solutions.
  • Focus on personal underwriting of major lead accounts, developing strategic broker and customer relationships, and generating additional profitable growth.

About the Company

AIG

Underwrites insurance for businesses and individuals

AIG underwrites property and casualty insurance for businesses and individuals, covering losses from damaged assets, legal claims and personal accidents. Its commercial policies span risks such as cyberattacks, shipping losses and aviation accidents, while personal coverage includes accident and health insurance and protection for valuable homes. Brokers and agents connect clients with insurers that assess risks, set premiums and handle claims under each policy's terms. The group earns insurance premiums and investment income on assets held to meet future claims. Its operating roots date to Shanghai in 1919, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1919

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