Global Head of Construction

TN United Kingdom; London; On-site; GBP 80,000 - 150,000; Full time

Job summary

Join a forward-thinking global leader in commercial insurance as the Global Head of Construction. This pivotal role offers the chance to shape the future of a major product line, driving growth and profitability while fostering a culture of collaboration and inclusion. You will lead underwriting teams, set strategic direction, and innovate in the insurance landscape. With a commitment to employee development and a culture that celebrates diversity, this opportunity promises a rewarding career path in a dynamic environment. Make a significant impact in the industry while enjoying a comprehensive benefits package that prioritizes your wellbeing.

Benefits

Comprehensive Benefits Package

Professional Development Opportunities

Inclusive Work Culture

Flexible Working Arrangements

Qualifications

• Extensive experience in insurance leadership across multiple products.
• Strong understanding of market segmentation and portfolio management.

Responsibilities

• Lead underwriting teams and drive business strategy for Global Construction.
• Establish adherence to risk appetite and ensure pricing adequacy.

Skills

People Management

Stakeholder Management

Strategic Leadership

Analytical Skills

Problem Solving

Education

Bachelor's Degree in Business or related field

Professional Insurance Qualification

Tools

Underwriting Software

Portfolio Management Tools

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, setting the global P&L strategy to achieve growth and profitability goals. You will drive underwriting excellence by establishing and adhering to risk appetite, standards, and guidelines, and ensuring rating and pricing adequacy. This role offers a unique opportunity to identify and recommend new markets, products, services, tools, and marketing strategies to support our growth plans.

Key Responsibilities

1. Direct and lead underwriting teams.
2. Set and drive business strategy for Global Construction.
3. Establish and manage the Global P&L, executing growth and profitability objectives.
4. Ensure underwriting excellence by maintaining adherence to risk appetite, standards, and guidelines, and ensuring rating and pricing adequacy.
5. Identify and recommend new markets, products, services, tools, and marketing strategies.
6. Communicate regularly with various geographies to share best practices, strategic insights, and foster a community across minor lines.
7. Develop and implement reinsurance strategies that support risk appetite and active portfolio management.
8. Understand the Specialty business model, underwriting methodologies, and associated risks.
9. Build strong relationships with global regional and functional leadership to align on strategy and execution.
10. Collaborate with HR to develop tools and strategies for attracting and retaining top talent and building high-performing teams.
11. Promote a culture of collaboration and inclusion.
12. Maintain a reputation for claims excellence in the marketplace.
13. Ensure compliance with regulatory and legal requirements, engaging stakeholders appropriately.

Leadership Skills

• Proven people management and leadership abilities.
• Ability to manage diverse stakeholders effectively.
• Highly collaborative, with experience working across functions and geographies.

Technical Skills and Expertise

• Extensive insurance leadership experience across multiple products and regions.
• Deep expertise in specialty lines and technical underwriting.
• Knowledge of market segmentation, portfolio management, acquisition, and distribution channels.
• Strong strategic leadership, vision, and results orientation.
• Established relationships with clients and intermediaries.
• Change management skills, client focus, and results-driven approach.
• Analytical, business savvy, and problem-solving skills.
• Excellent stakeholder management, including working with senior global leadership.

At AIG, we emphasize in-person collaboration to foster a supportive and connected environment for our team and clients.