American International Group

Senior Underwriting Specialist, Construction

American International Group$133K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Construction underwriting (CAR and EAR occupancies)
  • Strong understanding of policy wording
  • Excellent communication skills, both verbal and written
  • Commitment to continuous improvement
  • University degree or college diploma required
  • Exceptional customer service and negotiation abilities
  • Ability to work both independently and collaboratively
  • Strong organizational and time management skills
  • Background in Construction Loss control or Engineering is a plus
  • Strong decision-making skills
  • Interest in staying updated on industry and regulatory trends.

Responsibilities

  • Produce and underwrite new and renewal Construction business profitably
  • Select and analyze risks using systematic underwriting methods
  • Ensure accounts are underwritten and structured with profitability in mind
  • Document all files in compliance with departmental standards
  • Develop and maintain relationships with broker partners for business growth
  • Address mid-term servicing and account-specific requirements
  • Collaborate with colleagues for a unified AIG multi-line approach
  • Identify and pursue cross-selling opportunities
  • Grow targeted business while maintaining profitability
  • Provide technical underwriting and marketing leadership to team members.

Benefits

  • Comprehensive benefits package focused on health and wellbeing
  • Financial security benefits
  • Professional development opportunities
  • In-office collaboration to enhance team relationships
  • Supportive and connected work environment.
Full Job Description

Senior Underwriting Specialist, Construction


AIG Insurance Company of Canada Construction unit is looking for a Senior Underwriting Specialist. The unit writes Construction risks for all occupancies across Canada and internationally for our global clients.  .  


How you will create an impact

  • Production and underwriting of profitable new and renewal Construction business.
  • Risk selection and analysis using logical methodical underwriting tools and methods to support decisions.
  • Ensuring all accounts are underwritten and structured with full regard to risk and profitability.
  • Ensuring all files are well documented and comply with departmental requirements.
  • Develop and maintain excellent working relationships with our broker partners; marketing presentations/relationship management to help develop business flow.
  • Respond to mid-term servicing requirements and account specific mid-term requirements.
  • Work collaboratively with colleagues for a One AIG multi-line approach, maximizing each opportunity.
  • Identify cross selling opportunities.
  • Grow targeted business and maintain profitability.
  • Provide technical underwriting and marketing leadership to other members of the team.

What you’ll need to succeed

  • In-depth experience in Construction underwriting of both CAR and EAR occupancies
  • Strong policy wording knowledge.
  • Excellent verbal and written communication skills.
  • Willingness for continuous improvement.
  • University degree or college diploma.
  • Excellent customer service and negotiation skills.
  • Ability to operate independently and collaboratively.
  • Excellent organizational and time management skills.
  • Background in Construction Loss control and/or Engineering is welcomed
  • Strong decision making skills.
  • A desire to stay up to date with industry, legal & regulatory trends.

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


The base salary range for this position is CAD $133,000-$180,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply - your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here:


#LI-NT1

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.

Functional Area:

UW - Underwriting

 

 

AIG Insurance Company of Canada

 

 

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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