Underwriter Manager, Energy

AIG ASIA PACIFIC INSURANCE PTE. LTD.; Singapore; On-site; SGD 80,000 - 140,000; Full time

Job summary

AIG Asia Pacific Insurance PTE. LTD. is seeking a leader to oversee underwriting and client/broker interactions in APAC, applying data-driven decisions and a risk mindset to own key outcomes.

The role involves underwriting prospect and renewal accounts, collaborating with risk engineering and analytics teams, negotiating terms, and maintaining accurate records while fostering strong partnerships across internal and external stakeholders.

Qualifications

• Bachelor’s degree required or higher.
• Strong knowledge in financial analysis of statements.
• 2+ years underwriting or brokerage experience in energy and construction.

Responsibilities

• Assess and underwrite prospect business and renewal accounts in APAC in line with underwriting guidelines.
• Collaborate with risk engineering, claims and analytics teams to assess risk quality and pricing.
• Negotiate contract terms with brokers and clients.
• Maintain underwriting information in systems; adhere to procedures.
• Build strong relationships with external and internal partners.
• Attend client/broker meetings and industry events on behalf of the company.
• Work cross-functionally with other underwriting teams to meet corporate objectives.

Skills

Underwriting

Financial analysis

Stakeholder management

Excel proficient

Multi-tasking

Risk assessment

Education

Bachelor’s degree

Tools

Microsoft Excel

Job description

As a Leader, you are respected for your deep technical expertise and/or ability to oversee programs 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 for key outcomes.

You will deal directly with brokers and clients to handle new business and renewal submissions and perform underwriting analyses, in line with global underwriting strategy, which generates positive returns for the business.

Key responsibilities include:

• Assess and underwrite prospect business and renewal accounts in APAC, in line with your underwriting authority, as well as the AIG's business strategy and underwriting guidelines
• Work closely together with our risk engineering, claims and analytical support teams to assess risk quality and loss exposures, determine appropriate pricing and ensure operational efficiency
• Negotiate contract terms with brokers and clients
• Adhere to company procedures and documentation management standards
• Ensure that underwriting information is maintained accurately in underwriting systems
• Foster strong business relationships with external and internal business partners
• Gain a thorough understanding of our clients' businesses to develop effective insurance solutions
• Attend client/broker meetings, presentations, and relevant industry events on behalf of the company
• Participate in special underwriting projects as required
• Work cross functionally with other underwriting teams in AIG to achieve corporate objectives

What You’ll Need To Succeed

• Bachelor’s or higher degree
• Strong knowledge in financial/credit analysis and interpretation of financial statements
• Minimum 2 years of experience underwriting or brokerage experience in the energy and construction segment
• Experience in account management, dealing with stakeholders (Brokers etc)
• Independent, able to multi-task and possess initiative to work in a fast-paced environment
• Strong analytical skills and proficient working knowledge of Microsoft Excel
• Results oriented and highly accountable
• Foreign language skills are a plus