Global Head of Construction

AIG; Greater London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading global insurance provider seeks a Global Head of Construction in Greater London. This role involves directing underwriting teams, driving strategic growth initiatives, and fostering a culture of collaboration and inclusion. Ideal candidates will have substantial leadership experience in insurance and a strong technical underwriting background. You will work closely with stakeholders and lead transformational initiatives that enhance profitability and productivity.

Benefits

Comprehensive benefits package

Professional development opportunities

Collaborative work environment

Qualifications

• Proven ability to manage a broad range of stakeholders.
• Proven strategic leadership skills in developing vision and purpose.
• Strong problem-solving and conflict resolution capabilities.

Responsibilities

• Direct and lead underwriting teams.
• Drive underwriting excellence across Construction.
• Identify and recommend new markets and products.

Skills

People management

Stakeholder management

Collaboration

Change management

Analytical skills

Education

Substantial insurance leadership experience

Expert technical underwriting background

Job description

The Opportunity

Global Specialty is building a best-in-class global construction practice, creating a 5th major product line within Global Specialty. As the Global Head of Construction, you will report to the Global Head of Specialty and lead all product minor lines and set the Global P&L strategy, executing against growth and profitability goals and objectives. You will drive underwriting excellence across Construction by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensuring rating and pricing adequacy. This is a rare opportunity to identify and recommend new markets, products, services and tools, as well as marketing distribution & underwriting strategies to execute against exciting growth plans.

Key Responsibilities

• Direct and lead underwriting teams.
• Be responsible for setting & driving business strategy for Global Construction.
• Set Global P&L – execute against growth and profitability goals and objectives.
• Drive underwriting excellence across Construction by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensure rating and pricing adequacy.
• Identify and recommend new markets, products, services and tools, as well as marketing distribution & Underwriting Strategies.
• Create regular and ongoing communication with the various geographies to promote best practices, share strategic insights and create a community of interest across the various minor lines.
• Ensure an effective reinsurance strategy that supports our risk appetite for per risk and aggregation across all product lines, as well as active management of the portfolio.
• Understands the Specialty business model, underwriting methodology, and the risks we assume.
• Establish strong relationships with global Specialty regional and functional leadership; create mutual understanding of overall specialty strategy to drive effective execution of business model.
• Develop tools and strategies, in collaboration with HR, to attract and retain top industry talent and develop high performing teams.
• Drive a culture that promotes collaboration, and inclusion.
• Ensure a reputation of Claims excellence in the marketplace.
• Demonstrate understanding of regulatory and compliance processes and ensure AIG stakeholders

Leadership Skills:

• Proven people management and leadership skills.
• Proven ability to manage a broad range of stakeholders.
• Highly collaborative approach across functions and geographies.
• Ability to manage and influence in a matrix structure and across a wide geography.

Technical Skills and Expertise:

• Substantial insurance leadership experience, including oversight over multiple products and geographies.
• Deep expertise in the above-mentioned specialty lines, expert technical underwriting background.
• Knowledge of market segmentation, portfolio management, acquisition, and distribution.
• Proven Strategic Leadership skills in developing vision and purpose, driving for results and leading effective teams.
• Established strong relationships with customers and intermediaries.
• Skilled leader of change; versatile, client focused, results oriented.
• Demonstrated business savvy, analytical and quantitative skills.
• Strong problem solving and conflict resolution.
• Strong influencing and stakeholder management skills, experience of working with senior global leadership teams.

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.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

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 belonging

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 inclusion 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.

Functional Area: UW - UnderwritingAIG Europe (Services) Limited