Job title: Senior Construction Underwriting Specialist/ Construction Underwriting Specialist
Company: AIG
Job description: About the Role
Take off in a career with many possibilities. AIG has over 45,000 employees whose personal ambitions, talents and opinions have come together to create one of the world’s largest providers of property-casualty insurance. We are underwriters, financiers, claims experts, marketing specialists, engineers and customer service representatives who work in partnership with more than 70 million customers all over the world. We each bring our unique experiences and knowledge to AIG, while sharing a common mission, driven by an entrepreneurial and innovative spirit: As a pioneer in insurance, we set new industry standards while taking our organization―and our customers―to new heights. AIG members come from virtually every corner of the globe. We understand the global trends that affect us all, as well as the local conditions that help shape the market. We know what is required and we complete our projects successfully. We continue to lead the way to the future.
AIG Insurance Company of Canada is looking for Construction Product Line Manager to manage Course of Construction, CAR/EAR and MBR portfolio.
Job Description
- Manage and service an existing Construction portfolio
- Produce and underwrite new accounts through brokers Nationally
- Coverage analysis of manuscript forms with the ability to tailor them to specific client needs
- Pricing analysis using data analytics and modeling tools
- Deliver presentations and market to brokers and insureds to effectively communicate AIG’s value proposition
- Help achieve set budget targets through organic growth and new business opportunities
- Assist with budgeted profitability targets as identified by senior management
- Mentor less experienced team members in technical underwriting areas
- Maintain files, execute on strategy, understand and comply with internal guidelines, authority rules and regulations
- Be part of the peer review system, provide active feedback on portfolio analysis, market trends both domestically and globally
- Build and grow the team to adequately service the book of business
Required Skills
- Advanced level understanding of Construction industry, applicable insurance products, loss trends and engineering issues
- High level of proficiency with different pricing tools, actuarial techniques, risk selection
- Advanced negotiation skills, ability to build, maintain and expand relationship with key broker partners and clients
- Experience working with loss control engineering data
- Post-secondary education (engineering degree is a plus) OR equivalent industry training and experience. Insurance industry accreditation is desirable
- Excellent organizational and interpersonal skills
- Ability to work independently to meet deadlines, as well as in a team to accomplish goals
- Strong analytical and decision-making skills
- Candidate should be results-oriented
- Strong working knowledge of the various applications in the Microsoft Office suite (Excel, Outlook, Word, etc.)
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We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
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AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to . Reasonable accommodations will be determined on a case-by-case basis.
Functional Area: UW – Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Insurance Company of Canada
Expected salary:
Location: Toronto, ON
Job date: Sat, 27 May 2023 07:03:37 GMT