American International Group

US Head of Construction (EAR) - Specialty Underwriting

American International Group$150K — $180K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years in Construction & Engineering underwriting, focusing on profitable business.
  • Expert knowledge in EAR with major risk technical underwriting experience.
  • Proficient in building relationships with clients and brokers at a senior level.
  • Thorough understanding of local and regional Construction & Engineering insurance markets.
  • Strong client orientation with superior organization and negotiation skills.
  • Ability to utilize data analytics for improving business efficiency.
  • Demonstrates capability to manage multiple priorities and deadlines.

Responsibilities

  • Lead as the specialist underwriter for construction risks.
  • Underwrite new business adhering to established governance frameworks.
  • Accountable for financial performance, achieving production and new business targets.
  • Cultivate relationships with key producers, clients, and internal teams.
  • Collaborate with global product teams to drive profitable growth strategies.
  • Engage across leadership teams to enhance underwriting approaches.
  • Support the construction team in aligning with global strategies to improve profitability.

Benefits

  • Comprehensive Total Rewards Program focused on health and wellbeing.
  • Professional development support to aid career advancement.
  • In-person collaboration ethos with a majority in-office schedule.
Full Job Description

Join us as a US Head of Construction (EAR) to play a crucial frontline role that will make the most of your technical expertise in underwriting.


How you will create an impact


You will be responsible for driving high-performance within the Construction profit center, playing a key role in the delivery of the overall product line strategy. As a Lead Construction Underwriter your deep industry knowledge will allow you to further the organization27s objectives and market position.Responsibilities include:

  • Act as a Lead Specialist Underwriter.
  • Underwrite new business in line with the Energy & Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules.
  • Accountability to the NA CAR P&L and achieve production and new business targets to deliver on underwriting strategic objectives including overseeing adherence to pricing guardrails.
  • Create and maintain positive relationships with key producers and clients and other relevant stakeholders including Client/Broker Engagement, Reinsurance, Multinational, Claims and Functional teams.
  • Work with global product to develop key strategies for profitable growth and monitor outcomes.
  • Cross class collaboration end engagement with the NA leadership teams.
  • Leadership collaboration with Product Line Lead in formulating and executing regional underwriting strategy.
  • Act as a key member of the construction team supporting the global strategy and driving reduced volatility and improving profitability.
  • Develop and communication of the Construction appetite through strong engagement with the distribution teams.
  • Team management and line of business portfolio and loss analysis.
  • Manage referrals and undertake 4-eye reviews with underwriters.
  • Manage performance of direct reports.
  • Provide training and support to members of the global Construction team.

What you27ll need to succeed

  • Broad and extensive Construction & Engineering underwriting exposure with at least 15 years27 underwriting experience of profitable business in the Construction & Engineering segment of large corporate international insurance.
  • Deep expertise in EAR with expert technical underwriting background of large and complex risks.
  • The ability to build relationships with clients and brokers at peer group level.
  • Specialized understanding of regional / local Construction & Engineering insurance markets and competitor landscape.
  • Client focused with excellent relationship management, customer service, interpersonal, organizational and negotiation skills.
  • Capability to leverage data and analytics to make business more efficient and effective.
  • Ability to handle multiple priorities and meet tight deadlines.
  • Highly motivated and ability to motivate others to achieve common goal.
  • Results orientated.
  • Preferably a degree holder either in Construction/Engineering, economics, law or other appropriate discipline.

Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan. In addition, we27re proud to offer a range of competitive benefits, a summary of which can be viewed here: .


At AIG, we value in-person 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.


#LI-AIG #ConstructionUnderwriting

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 what27s 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 security2D2Das well as your professional development2Dto bring peace of mind to you and your family.

Functional Area:

UW - Underwriting

Risk Specialists Companies Insurance Agency, Inc.

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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