Underwriter, Renewables Job: Key Responsibilities, Skills, and Career Growth in the Renewable Energy Industry

London

At AIG, we are transforming how we help our customers manage risk, and we are looking for a Senior Underwriter, Renewables to be part of that journey. This role offers the opportunity to grow your skills and experience while making a significant impact on AIG’s renewable energy portfolio.

Why Join AIG?

AIG’s underwriting teams provide innovative insurance solutions across various sectors, including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining the underwriting process by reshaping our operating model and creating new career pathways. This allows our employees to unlock their full potential and contribute to the growth and success of the company.

Key Responsibilities of Senior Underwriter, Renewables:

  • Source and Underwrite New Business: Actively seek new business opportunities and underwrite them to meet profitability targets.
  • Manage Renewable Energy Accounts: Develop, grow, and maintain a profitable portfolio of Renewable Energy accounts.
  • Governance Framework Compliance: Underwrite according to the Energy & Construction governance framework, including Underwriting Authorities, Guidelines, and Functional Rules.
  • Oversee Data Submissions: Ensure global consistency by managing a data set of submissions and historical loss results.
  • Collaborate with Functional Areas: Work alongside Market Management, Risk Consulting, Claims, and Operations teams to ensure smooth underwriting processes.
  • Training and Mentoring: Provide training and support to junior members of the Energy & Construction team and manage underwriting assistants as needed.
  • Maintain Client Relationships: Build and sustain strong relationships with key producers, clients, and stakeholders, ensuring excellent service and satisfaction.
  • Policy Documentation: Ensure accurate policy documents are issued to producers.

What You’ll Need to Succeed as Senior Underwriter, Renewables:

  • Qualifications: Ideally, you should be CII qualified or working towards it.
  • Experience: Extensive experience in underwriting Renewable Energy business for large corporate international clients.
  • Market Knowledge: Strong understanding of regional/local Renewable, Engineering & Construction insurance markets, along with the competitor landscape.
  • Data-Driven: Ability to leverage data and analytics to improve underwriting efficiency.
  • Legal and Regulatory Understanding: A solid understanding of the legal and regulatory environment affecting renewable energy.
  • Negotiation Skills: Excellent negotiation skills, with the ability to build and maintain strong relationships with brokers and clients.
  • Organizational Skills: Strong organizational and interpersonal skills, with a focus on results.

AIG’s Commitment to Benefits and Employee Development:

At AIG, we believe that our people are our greatest asset. That’s why we offer a comprehensive Total Rewards Program, designed to support your health, wellbeing, financial security, and professional development. With a focus on continuous learning and career growth, we invest in our employees and provide a culture of inclusivity and belonging.

Join AIG and Make a Difference:

AIG is a global leader in commercial and personal insurance, with a commitment to innovative solutions for managing risk and discovering new potential. As part of AIG, you will have the opportunity to grow, contribute to meaningful change, and be part of a company that supports diverse talents and backgrounds.

Culture of Belonging:

We are proud to create a culture that celebrates diversity, inclusion, and belonging through flexible work arrangements, learning initiatives, and Employee Resource Groups (ERGs). At AIG, diversity is one of our greatest assets, and we are proud to be recognized for our positive change and cultural impact.

Equal Opportunity Employment:

AIG is an equal opportunity employer and offers opportunities to qualified individuals regardless of race, color, religion, gender, gender expression, national origin, veteran status, disability, or any other legally protected category.

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