A
UW Specialist Sr Construction
AIG MEA Limited
Dubai, UAEAED 6,000-16,000/moToday
UAEFinance & AccountingFull Time
Skills Required
ExcelData AnalysisErp
Job Description
LI AIGWho we areAmerican International Group Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience today AIG member companies provide a wide range of property casualty insurance life insurance retirement solutions and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the worlds most farreaching propertycasualty networks. General Insurance offers a broad range of products to customers through a diversified multichannel distribution network.Your future teamAIG Energy and Construction has an opportunity for a Senior Underwriting Specialist to launch a business specializing in underwriting quota share & excess of loss layered construction single projects for Energy. The focus will be on Erection AllRisk (EAR) specifically for the Energy occupancies Oil & Petrochemicals Chemicals Power Generation and Mining. The Senior Underwriting Specialist is expected to work independently to successfully manage their book of business and execute the profitability strategy for territorys portfolio. A Senior Underwriting Specialist must be able to illustrate sufficient technical analysis and underwriting acumen combined with marketing and sales skills to meet underwriting goals (i.e. achieve growth targets and maintain overall profitability). In addition the ability to interface with AIG regions and the Global Construction practice is required.Your contribution at AIGAs a senior underwriter on the Builders Risk team you are respected for your technical expertise and ability to oversee complex projects 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 of key outcomes.Produce underwrite manage and service a profitable book of business for the EMEA Energy EAR business.Utilize underwriter authority in accordance with the published underwriting guidelines.Handle a portfolio of singleproject businesses made up of complex risks.Ability to seek out and partner with internal/external stakeholders in securing new profitable business.Manage and develop effective producer and client relationships throughout assigned territory.Work alongside business development colleagues to effectively maximize our distribution partner network.Effectively negotiate and secure policy terms that align with the company directives utilizing product and service offerings to bring value to the client.Develop and manage underwriting strategies for prospects within their portfolio of accounts including knowledge of the current penetration by product and specific plans to appropriately manage capacity.Provide direction and support to less experienced underwriters on new and inforce business.Proactively foster and develop positive relationships with key customers.Execute established strategy and work collaboratively with other aligned business functions including claims actuarial engineering operations analytics legal and marketing.Make internal and external presentations as assigned and deemed necessary.What we are looking forAt AIG we value inperson collaboration as a vital part of our culture which is why team members come together in the office four days per week. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.Strong underwriting experience in Builders Risk for Energy ConstructionCollege graduate with Engineering degree.Underwriting experience (preferable Energy Property / CAR)Extensive knowledge of Builders Risk property forms and Energy Construction manuscript wordingsStrong relationships with brokerage partnersSound technical knowledge of Energy classes of business and industry trends and driversKnowledge of the market portfolio management acquisition and distributionAbility to work in a fastpaced environment making quick decisions while adhering to a sound underwriting disciplineOutcome focused selfmotivated flexible and enthusiasticStrong interpersonal skills with an emphasis on collaboration and teamworkProficient working knowledge of Microsoft Word Excel PowerPoint and Outlook is required.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 worlds most farreaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver everbetter solutions to our customers. At AIG you can go further to support individuals businesses and communities helping
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