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Senior Renewable Energy Underwriter

American International Group, Inc.
London, United Kingdom
On-site

About this role

Job title: Senior Renewable Energy Underwriter

About the Role Join us as a Senior Renewable Energy Underwriter to grow your career at the forefront of Renewable Energy insurance. Be part of a team focused on key occupancies driving the energy transition, and contribute to a globally consistent underwriting approach within AIG's energy governance framework.

What You'll Do

  • Actively source and underwrite new business to meet profitability targets and develop a profitable Renewable Energy book.
  • Underwrite in line with Energy governance frameworks (Underwriting Authorities, Guidelines, Functional Rules).
  • Oversee a globally consistent data set of submissions and historical loss results for the portfolio.
  • Drive involvement of Market Management, Risk Consulting, Claims and Operations in the Underwriting process.
  • Manage referrals and undertake 4-eye reviews with other underwriters.
  • Contribute to developing and executing regional underwriting strategy.
  • Build and maintain positive relationships with key producers, clients and relevant stakeholders.
  • Ensure accurate policy documentation is issued to producers.
  • Provide training and support to junior members of the Energy team.

What We're Looking For

  • Extensive experience underwriting profitable Renewable Energy business in large corporate international insurance.
  • Backgrounds in Power or Construction with exposure to renewables are welcome.
  • Strong relationships with clients and brokers at peer group level; well established in the market.
  • Specialized understanding of regional/local Renewable, Engineering & Construction insurance markets and the competitive landscape.
  • Ability to leverage data and analytics to improve efficiency and effectiveness.
  • Good understanding of the legal and regulatory environment.
  • Ability to design, develop and implement consistent, robust wordings for contracts.
  • Excellent negotiation, organizational and interpersonal skills.

Nice to Have

  • Experience with Power or Construction backgrounds that include renewables exposure.

Compensation & Benefits

  • AIG highlights a Total Rewards Program: comprehensive benefits focused on health, wellbeing, financial security and professional development, designed to support you and your family.
  • In-person collaboration and a culture of inclusion, with recognition through ERGs and awards.

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