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Junior Underwriter, Energy

Junior Underwriter, Energy

AIG Australia LimitedMelbourne, Melbourne, Australia
27 days ago
Job description

LI-JC1

At AIG we are reimagining the way we help customers to manage risk. Join us as a Junior Underwriter to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

Underwriting teams help to find insurance solutions in areas including Financial Lines Property Casualty Specialty Lines Cyber and Multinational Clients. We are reimagining how we help customers to manage risk transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

This role is an integral part of AIGs Energy team in Australia and reports to the Head of Energy Australasia. AIG Energy is a global market leader in its field and forms part of the Global Specialty business.

The Energy Underwriter role offers the successful candidate the opportunity to work in a highly technical and specialised field of insurance. You will have accountability in managing and growing a portfolio of carefully selected risks within Australias most critical industries. The role is based in either Sydney or Melbourne working in a collaborative team environment.

Key accountabilities will include but not limited to :

  • Risk analysis and underwriting of energy & engineering risks renewing and new business accounts
  • Utilize and master use of the various underwriting tools for CAT modelling technical pricing risk engineering etc.
  • Interface with various internal stakeholders and management within the underwriting process
  • Manage broker expectations and issue required documents in a timely and professional manner
  • Manage reinsurance for individual accounts where necessary
  • Timely reporting of post-bind production and account records
  • Assist the administration team with accounting and processing activities
  • Build and strengthen external relationships with broker partners and clients
  • Represent AIG at industry events
  • Contribute to the branch and department financial goals
  • Assist when required branch national and regional management with projects
  • Attend regular branch and national level meetings as required
  • Represent AIG in conjunction with AIG risk engineers at loss prevention surveys
  • Maintain documents and files for underwriting reviews and audits

What youll need to succeed

  • Ability and desire to develop broad Mining Power and / or Renewables underwriting capabilities of large corporate international insurance.
  • Preferably a degree holder either in Engineering economics law or other appropriate discipline.
  • Ability to develop relationships with clients and brokers at peer group level and well established within the Australasian market.
  • 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.
  • Excellent organizational and communication skills to manage workflow for both new business and renewals
  • Strong analytical skills customer focus and interpersonal & relationship management skills
  • Strong proficiency
  • Ready to step up to new challenges We would love to hear from you.

    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 whats 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 securityas well as your professional developmentto bring peace of mind to you and your family.

    Reimagining insurance to make a bigger difference to the world

    American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.

    Welcome to a culture of inclusion

    Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

    AIG provides 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.

    AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

    Functional Area : UW - Underwriting

    AIG Australia Limited

    Required Experience :

    Junior IC

    Key Skills

    Loan Processing,Computer Skills,Fraud,Math,Banking,Pricing,Analysis Skills,Fair Housing Regulations,Underwriting,Financial Analysis,negotiation,Phone Etiquette

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

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