UW Specialist Sr Construction

AIG MEA Limited; Dubai; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading global insurance company located in Dubai seeks a Senior Underwriting Specialist to manage a profitable portfolio focused on Builders Risk for Energy and Construction. The role demands strong underwriting expertise, technical knowledge, and the ability to collaborate with diverse stakeholders. Candidates should possess an Engineering degree and proven experience in the Energy sector. Join us to contribute to innovative insurance solutions and work in a collaborative environment.

Benefits

Continuous learning and development

Diversity and inclusion initiatives

Qualifications

• Extensive knowledge of Builders Risk property forms and Energy Construction manuscript wordings.
• Sound technical knowledge of Energy classes of business and industry trends and drivers.
• Knowledge of the market portfolio management acquisition and distribution.

Responsibilities

• Produce, manage and service a profitable book of business for the EMEA Energy EAR business.
• Handle a portfolio of single-project businesses made up of complex risks.
• Negotiate and secure policy terms that align with company directives.

Skills

Strong underwriting experience in Builders Risk for Energy Construction

Strong interpersonal skills with an emphasis on collaboration and teamwork

Ability to work in a fast-paced environment

Negotiation skills

Education

College graduate with Engineering degree

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Microsoft Outlook

Job description

LI AIG

Who we are

American International Group Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience today AIG member companies provide a wide range of property casualty insurance life insurance retirement solutions and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the worlds most farreaching propertycasualty networks. General Insurance offers a broad range of products to customers through a diversified multichannel distribution network.

Your future team

AIG Energy and Construction has an opportunity for a Senior Underwriting Specialist to launch a business specializing in underwriting quota share & excess of loss layered construction single projects for Energy. The focus will be on Erection AllRisk (EAR) specifically for the Energy occupancies Oil & Petrochemicals Chemicals Power Generation and Mining. The Senior Underwriting Specialist is expected to work independently to successfully manage their book of business and execute the profitability strategy for territorys portfolio. A Senior Underwriting Specialist must be able to illustrate sufficient technical analysis and underwriting acumen combined with marketing and sales skills to meet underwriting goals (i.e. achieve growth targets and maintain overall profitability). In addition the ability to interface with AIG regions and the Global Construction practice is required.

Your contribution at AIG

As a senior underwriter on the Builders Risk team you are respected for your technical expertise and ability to oversee complex projects and processes. 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 of key outcomes.

• Produce underwrite manage and service a profitable book of business for the EMEA Energy EAR business.
• Utilize underwriter authority in accordance with the published underwriting guidelines.
• Handle a portfolio of singleproject businesses made up of complex risks.
• Ability to seek out and partner with internal/external stakeholders in securing new profitable business.
• Manage and develop effective producer and client relationships throughout assigned territory.
• Work alongside business development colleagues to effectively maximize our distribution partner network.
• Effectively negotiate and secure policy terms that align with the company directives utilizing product and service offerings to bring value to the client.
• Develop and manage underwriting strategies for prospects within their portfolio of accounts including knowledge of the current penetration by product and specific plans to appropriately manage capacity.
• Provide direction and support to less experienced underwriters on new and inforce business.
• Proactively foster and develop positive relationships with key customers.
• Execute established strategy and work collaboratively with other aligned business functions including claims actuarial engineering operations analytics legal and marketing.
• Make internal and external presentations as assigned and deemed necessary.

What we are looking for

At AIG we value inperson collaboration as a vital part of our culture which is why team members come together in the office four days per week. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.

• Strong underwriting experience in Builders Risk for Energy Construction
• College graduate with Engineering degree.
• Underwriting experience (preferable Energy Property / CAR)
• Extensive knowledge of Builders Risk property forms and Energy Construction manuscript wordings
• Strong relationships with brokerage partners
• Sound technical knowledge of Energy classes of business and industry trends and drivers
• Knowledge of the market portfolio management acquisition and distribution
• Ability to work in a fastpaced environment making quick decisions while adhering to a sound underwriting discipline
• Outcome focused selfmotivated flexible and enthusiastic
• Strong interpersonal skills with an emphasis on collaboration and teamwork
• Proficient working knowledge of Microsoft Word Excel PowerPoint and Outlook is required.

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 worlds most farreaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver everbetter 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 others 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 AIGs 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

Functional Area: UW Underwriting AIG MEA Limited

Required Experience:

Unclear Seniority