Senior Underwriting Specialist, Construction

American International Group; Toronto; On-site; CAD 133,000 - 180,000; Full time

Job summary

AIG Canada invites applications for a Senior Underwriting Specialist, Construction. This role focuses on producing and underwriting profitable Construction business across Canada and internationally for global clients, applying rigorous risk analysis and strong policy wording to guide decisions.

The position emphasizes collaboration, client service, and continuous improvement, with a base salary range and bonus eligible according to the incentive plan.

Qualifications

• In-depth experience in Construction underwriting of both CAR and EAR occupancies.
• Strong policy wording knowledge.
• Excellent verbal and written communication skills.
• Willingness for continuous improvement.
• University degree or college diploma.
• Excellent customer service and negotiation skills.

Responsibilities

• Produce and underwrite profitable new and renewal Construction business.
• Perform risk selection and analysis using underwriting tools and methods.
• Ensure accounts are underwritten with focus on risk and profitability.
• Maintain thorough documentation and comply with department requirements.
• Develop and maintain relationships with brokers; present marketing materials and manage relationships to generate business flow.
• Identify cross-selling opportunities and grow targeted business while maintaining profitability.

Skills

Construction underwriting

Risk analysis

Negotiation skills

Communication skills

Independent work

Education

University degree or college diploma

Job description

AIG Canada has launched careers and developed future leaders for 60 years. Senior Underwriting Specialist, Construction At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriting Specialist, Construction to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team

Make your Mark in Specialty Underwriting AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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.

AIG Insurance Company of Canada Construction unit is looking for a Senior Underwriting Specialist. The unit writes Construction risks for all occupancies across Canada and internationally for our global clients.

How you will create an impact

• Production and underwriting of profitable new and renewal Construction business
• Risk selection and analysis using logical methodical underwriting tools and methods to support decisions
• Ensuring all accounts are underwritten and structured with full regard to risk and profitability
• Ensuring all files are well documented and comply with departmental requirements
• Develop and maintain excellent working relationships with our broker partners; marketing presentations/relationship management to help develop business flow
• Respond to mid-term servicing requirements and account specific mid-term requirements
• Work collaboratively with colleagues for a One AIG multi-line approach, maximizing each opportunity
• Identify cross selling opportunities
• Grow targeted business and maintain profitability
• Provide technical underwriting and marketing leadership to other members of the team

What you’ll need to succeed

• In-depth experience in Construction underwriting of both CAR and EAR occupancies
• Strong policy wording knowledge
• Excellent verbal and written communication skills
• Willingness for continuous improvement
• University degree or college diploma
• Excellent customer service and negotiation skills
• Ability to operate independently and collaboratively
• Excellent organizational and time management skills
• Background in Construction Loss control and/or Engineering is welcomed
• Strong decision making skills
• A desire to stay up to date with industry, legal & regulatory trends

The base salary range for this position is CAD $133,000-$180,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications.

In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: CA Benefits Overview.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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 world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better 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 inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s 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 [e-mail].

Functional Area: UW - Underwriting AIG Insurance Company of Canada As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Join our Talent Community. Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.