Underwriting Manager, Energy

AIG; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

AIG Asia Pacific Insurance Pte. Ltd. is hiring an Underwriting Manager, Energy in Singapore. You will lead energy underwriting strategies, manage broker/client relationships, and drive profitable growth across APAC markets.

The role requires 2+ years in energy/construction underwriting or brokerage, strong financial analysis skills, and Excel proficiency. Collaboration with risk engineering, claims, and analytics teams is essential, along with effective stakeholder management.

Qualifications

• Degree required: Bachelor’s or higher in a relevant field.
• Strong knowledge in financial/credit analysis and interpretation of financial statements.
• Minimum 2 years of underwriting or brokerage experience in energy and construction.
• Experience in account management and dealing with brokers or clients.
• Proactive, independent, and able to multi-task in a fast-paced environment.
• Strong analytical skills and proficiency with Excel.

Responsibilities

• Assess and underwrite prospect business and renewal accounts in APAC in line with underwriting authority and 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 accurately in systems.
• Build strong relationships with external and internal partners.
• Understand clients’ businesses to craft effective insurance solutions.
• Attend client/broker meetings and relevant industry events.
• Participate in special underwriting projects as required.
• Work cross-functionally with other underwriting teams to achieve objectives.

Skills

Financial/credit analysis

Account management

Analytical skills

Stakeholder management

Excel proficiency

Education

Bachelor’s degree or higher

Tools

Microsoft Excel

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

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

Ready to prove your potential? We would love to hear from you.

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.

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 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].

Functional Area

UW - Underwriting

AIG Asia Pacific Insurance Pte. Ltd.