Underwriter, Energy

AIG • Houston, TX

2d • Onsite

About The Position

This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance – or this could be your entry into underwriting if you have transferable skills. 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.

This role will focus on underwriting new and renewal business to help drive the profitable growth of our Energy Portfolio and will have the opportunity to support all Minor Lines (Power and Utilities, Renewables, Oil and Gas, Chemical and Mining). You will be responsible for assessing the desirability of risk through regular contact with brokers, close co-ordination with AIG subject matter experts and robust reviews of claims history and general company information.

Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager.

Another key aspect of the role is the provision of accurate monthly management information including submissions, bind rate, average premium, and total premium.

Requirements

• Some underwriting experience is preferred; however, you are welcome to apply if you have other relevant professional experience.
• The ability to analyze financial statements.
• Strong communication, networking and relationship building skills.
• Good organizational and time management skills.
• Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Responsibilities

• Underwriting new and renewal business to help drive the profitable growth of our Energy Portfolio
• Supporting all Minor Lines (Power and Utilities, Renewables, Oil and Gas, Chemical and Mining)
• Assessing the desirability of risk through regular contact with brokers, close co-ordination with AIG subject matter experts and robust reviews of claims history and general company information
• Providing excellent service to brokers through a consistent, timely, and proactive approach to underwriting
• Generating new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager
• Providing accurate monthly management information including submissions, bind rate, average premium, and total premium

Benefits

• Base salary
• Eligibility for a bonus in accordance with the terms of the applicable incentive plan
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed