Construction Underwriting Specialist - EAR
Construction Underwriting Specialist - EAR

Construction Underwriting Specialist - EAR

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Senior Construction Underwriter, focusing on Erection All Risks (EAR) business.
  • Company: AIG is a global leader in insurance solutions, committed to innovation and customer service.
  • Benefits: Enjoy a comprehensive benefits package, including health, wellbeing, and professional development support.
  • Why this job: Make an impact in a dynamic environment while building strong relationships with clients and brokers.
  • Qualifications: 5+ years in construction underwriting; degree in engineering, economics, or law preferred.
  • Other info: AIG values in-person collaboration and fosters a culture of inclusion and continuous learning.

The predicted salary is between 43200 - 72000 £ per year.

Senior Construction Underwriter (EAR) page is loaded

Senior Construction Underwriter (EAR)

Apply locations London time type Full time posted on Posted Yesterday job requisition id JR2501814

Join us as a Senior Construction Underwriter to grow your career at the forefront of Construction insurance.

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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

  • The role will be responsible for underwriting Erection All Risks (EAR) business.
  • You will develop underwriting strategies for both existing clients and prospects within the EAR portfolio. This includes knowledge of the current market penetration of EAR products and the development of specific plans to increase portfolio share.
  • You will provide technical direction to management, other underwriters and claims adjusting personnel.
  • You will help to evaluate and communicate risk appetite and EAR Value Proposition to brokers.
  • You will collaborate with Distribution and other line of business underwriters to target desirable accounts and cross selling opportunities from brokers.
  • You will rapidly evaluate, prioritize, and select EAR submissions to be underwritten.
  • You may review, evaluate and make recommendations to change underwriting guidelines or process.
  • You may participate in special underwriting projects as needed.
  • You will develop strong, long-term relationships with brokers and clients providing superior service to establish mutually beneficial partnerships to profitably grow the EAR book of business.
  • You will keep abreast of market developments to influence AIG strategy.
  • You will develop a thorough understanding of EAR policy forms / contracts and engage with in- house legal team and outside counsel as necessary.

What you’ll need to succeed

  • You have a minimum of 5 years’ construction experience in underwriting or technical support role, preferably at a large international insurance company.
  • Ideally, you have a degree in engineering/construction, economics, law or other appropriate discipline.
  • You have proven ability to build and maintain strong professional relationships.
  • You possess very strong organisational and interpersonal skills.
  • You are highly motivated and results-orientated.
  • You are able to work in a dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
  • You possess a willingness to be flexible, learn on the job, and maintain a can-do attitude.

Ready to take your career to the next level? We would love to hear from you.

#LI-AIG

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 candidatecare@aig.com .

Functional Area:

UW – UnderwritingAIG Europe S.A. (U.K. Branch) & American International Group UK Ltd

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Construction Underwriting Specialist - EAR employer: American International Group

AIG is an exceptional employer, offering a dynamic work environment in London where collaboration and innovation thrive. With a strong focus on employee growth, AIG provides comprehensive benefits through its Total Rewards Program, ensuring the well-being and professional development of its team members. The company fosters a culture of inclusion and belonging, empowering employees to make meaningful contributions while building long-term relationships with clients and brokers in the construction insurance sector.
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Contact Detail:

American International Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Construction Underwriting Specialist - EAR

✨Tip Number 1

Familiarise yourself with Erection All Risks (EAR) insurance products. Understanding the nuances of these policies will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the construction and underwriting sectors. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the latest trends and challenges in the field.

✨Tip Number 3

Stay updated on market developments related to construction insurance. Being knowledgeable about current events and changes in regulations can set you apart as a candidate who is proactive and well-informed.

✨Tip Number 4

Prepare to discuss your experience in building and maintaining professional relationships. Highlight specific examples where you've successfully collaborated with clients or brokers, as this is crucial for the role.

We think you need these skills to ace Construction Underwriting Specialist - EAR

Construction Underwriting Expertise
Erection All Risks (EAR) Knowledge
Market Analysis and Strategy Development
Risk Assessment and Management
Technical Direction and Support
Relationship Building with Brokers and Clients
Strong Organisational Skills
Interpersonal Communication Skills
Adaptability in Dynamic Environments
Collaboration with Cross-Functional Teams
Understanding of Policy Forms and Contracts
Project Management Skills
Problem-Solving Skills
Flexibility and Willingness to Learn

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Construction Underwriter. Familiarise yourself with Erection All Risks (EAR) underwriting and how it fits within the broader insurance landscape.

Tailor Your CV: Highlight your relevant experience in construction underwriting or technical support roles. Emphasise any specific projects or achievements that demonstrate your ability to build relationships and manage risk effectively.

Craft a Compelling Cover Letter: Use your cover letter to showcase your passion for the role and the company. Mention your understanding of AIG's values and how your skills align with their goals, particularly in developing underwriting strategies and collaborating with brokers.

Showcase Your Soft Skills: In your application, emphasise your organisational and interpersonal skills. Provide examples of how you've successfully adapted to dynamic environments and collaborated with diverse teams to deliver solutions.

How to prepare for a job interview at American International Group

✨Know Your Underwriting Fundamentals

Make sure you have a solid understanding of underwriting principles, especially related to Erection All Risks (EAR). Be prepared to discuss your previous experiences and how they relate to the role, showcasing your technical knowledge and decision-making skills.

✨Demonstrate Relationship-Building Skills

Since the role involves developing strong relationships with brokers and clients, be ready to share examples of how you've successfully built and maintained professional relationships in the past. Highlight your interpersonal skills and ability to collaborate effectively.

✨Stay Updated on Market Trends

Familiarise yourself with current market trends and developments in the construction insurance sector. Being able to discuss these topics during the interview will show your commitment to staying informed and your ability to influence strategy.

✨Showcase Adaptability and Problem-Solving

The job requires working in a dynamic environment, so be prepared to discuss situations where you've had to adapt quickly to changes or solve complex problems. Use specific examples to illustrate your flexibility and results-oriented mindset.

Construction Underwriting Specialist - EAR
American International Group

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