Underwriter, Renewables

American International Group; London; On-site; GBP 50,000 - 90,000; Full time

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, Renewables 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 Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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.

How you will create an impact

• Actively source and underwrite new business to meet profitability targets.
• Develop, grow, manage, and maintain a profitable book of Renewable Energy accounts.
• Underwrite in line with the Energy & Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules.
• Oversee a globally consistent data set of submissions and the historical loss results of that portfolio.
• Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims and Operations.
• Manage referrals and undertake 4-eye reviews with underwriters.
• Contribute to the development and execution of regional underwriting strategy.
• Create and maintain positive relationships with key producers and clients and other relevant stakeholders.
• Ensure accurate policy documentation is issued to producers.
• Provide training and support to junior members of the Energy & Construction team.
• Manage assigned underwriting assistants where required.

What you'll need to succeed

• Ideally you are CII qualified or working towards it.
• You will have extensive experience underwriting profitable business in the Renewable Energy segment of large corporate international insurance.
• You have recognized relationships with clients and brokers at peer group level and are well established within the market.
• You have a specialized understanding of regional/local Renewable, Engineering & Construction insurance markets and competitor landscape.
• Capable of leveraging data and analytics to make business more efficient and effective.
• You have a good understanding of the legal and regulatory environment.
• You can design, develop and implement consistent, robust wordings for contracts.
• Excellent negotiation skills, ability to build, maintain and expand relationships with key broker partners and clients.
• You have excellent organizational and interpersonal skills.
• Results-oriented.

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). The diversity 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].