At a Glance
- Tasks: Underwrite construction insurance and evaluate risk for exciting projects.
- Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
- Benefits: Comprehensive benefits package, including health, wellbeing, and professional development.
- Why this job: Make a real impact in the insurance industry while growing your career.
- Qualifications: Experience in construction underwriting or related fields; strong relationship-building skills.
- Other info: Dynamic work environment with a culture of inclusion and continuous learning.
The predicted salary is between 36000 - 60000 £ per year.
Join us as an EAR Construction Underwriter to grow your career at the forefront of Construction insurance.
Make your mark in UnderwritingAIG 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 EAR business.
- 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.
- 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.
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 mattersAt 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 worldAmerican 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 inclusionWe'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.
Underwriter, Construction in London employer: American International Group
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter, Construction in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to their goals, especially in construction underwriting.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it aligns with the role. Highlight your construction background and relationship-building skills.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Underwriter, Construction in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriter, Construction role. Highlight your relevant experience in underwriting and construction, and don’t forget to showcase those strong organisational and interpersonal skills we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with our goals at AIG. Remember to mention your ability to build relationships and adapt in a dynamic environment.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your results-oriented mindset. Whether it’s successful projects or improved processes, we want to see how you’ve made an impact in your previous roles.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there.
How to prepare for a job interview at American International Group
✨Know Your Underwriting Basics
Before the interview, brush up on your understanding of underwriting principles, especially in the construction sector. Familiarise yourself with key terms and concepts related to EAR (Event Aggregate Risk) underwriting, as this will show your potential employer that you’re serious about the role.
✨Showcase Your Relationship-Building Skills
Since the role involves developing strong relationships with brokers and clients, prepare examples from your past experiences where you successfully built and maintained professional relationships. This will demonstrate your interpersonal skills and ability to collaborate effectively.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities in a dynamic environment. Think of specific situations where you had to evaluate risks or adapt to changing requirements, and be ready to discuss how you handled them.
✨Research AIG and Its Culture
Take some time to understand AIG’s values and culture, particularly their commitment to inclusion and continuous learning. Being able to articulate why you want to work for AIG and how you align with their mission can set you apart from other candidates.