Underwriting Manager, Energy

American International Group; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

American International Group, Inc. (AIG) invites you to join our Energy Underwriting team in APAC as an Underwriting Manager. You will lead complex risk selections, mentor colleagues, and align with global underwriting strategy to deliver sustainable returns.

You will interact with brokers and clients, underwrite new business and renewals, and drive pricing and risk assessment with our engineering, claims and analytics partners, while shaping our energy portfolio across the region.

Responsibilities

• Assess and underwrite prospect business and renewal accounts in APAC per underwriting guidelines
• Collaborate with risk engineering, claims and analytics to assess risk quality and pricing
• Negotiate contract terms with brokers and clients
• Maintain underwriting information in systems
• Build strong relationships with external and internal partners
• Understand clients' businesses to develop effective insurance solutions
• Attend client/broker meetings and relevant industry events for the company
• Participate in special underwriting projects and cross-team collaboration

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriting Manager, Energy 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 Energy 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 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

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 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 honor 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 Asia Pacific Insurance Pte. Ltd. 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.