Underwriter, Property

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

AIG Australia is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. AIG's General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Operating in Australia for more than 60 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients

AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG's underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.

About the Team

This role is an integral part of AIG's Commercial Property team in Australia and reports into the Head of Commercial Property, Australia. AIG Property is a global leader in its field and deploys market leading capacity across a diverse range of Industries in both the Corporate and Middle Market segments.

About the role

Reporting to the Head of Commercial Property, the main objective of the role is Underwriting and development of profitable business within the Commercial Property portfolio in accordance with Company Guidelines and risk appetite.

What you need to know

Key accountabilities will include but not limited to:

- The underwriting and acceptance of business within the Property portfolio, in accordance with underwriting principles, relevant authority, and risk & compliance procedures
- Risk Assessment and underwriting of Renewal and New Business including presenting and issuance of terms and binding
- Completion, checking and issuance of documentation, underwriting worksheets, insurance certificates in accordance with corporate guidelines
- Preparation and issuance of Policy wording documentation endorsements and other required documents and ensuring they are in accordance with corporate guidelines
- Maintain / develop working relationships with all brokers of existing accounts and potential new accounts
- Identify new business opportunities for other profit centres to support the companies cross marketing strategy
- Liaise with all relevant departments to ensure awareness of underwriting and business activities support standards required
- Responsible for contribution towards the achievement of budgeted production objectives of Commercial Property
- Assist the Profit Centre Technical Services personnel in handling all aspects of the Processing and the administration of Commercial Property Profit Centre
- Liaise with Profit Centre Manager to facilitate provision of current month, quarter and year to date production estimates for Commercial Property
- Maintenance of activity records of quotations and strike rates
- Assist where necessary the National and Regional Product Lines Managers

What we're looking for:

- Experience within the Insurance Industry and preferably with Commercial Property underwriting
- Excellent organizational and communication skills to manage workflow for both new business and renewals
- Strong analytical skills, customer focus, interpersonal and relationship management skills.
- Thrives in a team environment
- Good marketing skills
- Stakeholder relationship
- Ability to source new business opportunities

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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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- Reasonable accommodations will be determined