Underwriter - Energy

Join us as an Oil & Petrochemicals Underwriter to grow your career at the forefront of Energy insurance.

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

You will be working on one of the biggest O&P books in the market writing a broad range of risks with scope to underwrite globally. Supported by an experienced and well-respected underwriting team along with established claims and engineering professionals.

Responsibilities:

• Deal directly with brokers and clients to handle new business and renewal submissions and perform underwriting analysis, in line with global underwriting strategy.
• Support senior colleagues to help develop, grow, manage and maintain a profitable book of Oil and Petrochemical accounts.
• Assess and underwrite prospect business and renewal accounts in line with your underwriting authority, as well as the AIG\’s business strategy and underwriting guidelines.
• Maintain a globally consistent data set of submissions and the historical loss results of that portfolio.
• Adhere to company procedures and documentation management standards. Ensure that underwriting information is maintained accurately in underwriting systems.
• Create and maintain positive relationships with key producers and clients and other relevant stakeholders.
• Participate in special underwriting projects as required.
• Work cross functionally with other underwriting teams in AIG to achieve corporate objectives.
• Attend client/broker meetings, presentations and relevant industry events in the UK and abroad.

What you’ll need to succeed

• The role would suit someone who is likely to have 1 to 3 years’ experience in underwriting, broking or industrial experience in the O&P / Energy segment.
• Ideally you are CII qualified or working towards it.
• Proactive mindset and ability to work independently and as part of a team.
• Strong analytical skills and proficient working knowledge of Microsoft Excel.
• Strong IT skills capable of working off a variety of technology platforms including underwriting platforms, raters, electronic trading platforms etc.
• Results oriented and highly accountable.
• Effective interpersonal, organisational and communication skills.
• Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline.
• Given the global nature of the portfolio, foreign languages would be a plus, but not essential.

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

#LI-AIG

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). With global chapters, ERGs are a cornerstone for our culture of inclusion. 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.

Functional Area:

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