Underwriter, Commercial Property

6 days ago


Auckland City, New Zealand AIG Full time

#LI-JC1
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Underwriter, Commercial Property to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
AIG New Zealand 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 for more than 50 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.
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
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. Reporting to the Commercial Property Underwriting Manager, you will contribute to the success of the Commercial Property product tower by underwriting a sustainable and profitable portfolio of Commercial Property business within corporate underwriting guidelines and within granted underwriting authority
**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
Contribute to financial objective targets by adhering to established strategic goals, objectives, and action plans.
Develop a pipeline of new business opportunities and manage existing relationships
Increase AIG market share through improved relationships with key brokers.
Maintain accurate files, registers, and records to contribute to audit requirements, management reporting and timely service and policy issuance
Assist in the implementation of business plans in accordance with product line direction, and corporate goals and strategies
What you’ll need to succeed
Property underwriting skillset.
Ability to negotiate deals with both international and domestic brokers.
Some knowledge of Property policy wordings
A team player, working in a dynamic and interactive business environment, handling a large volume of renewal accounts, as well as sourcing new business opportunities.
Demonstrate strong work ethic and be motivated to succeed and progress your career.
An understanding of natural catastrophe modelling
Good systems knowledge, experience of using various company bespoke systems to interrogate data
Ability to interpret the modelled output, pricing, and line setting tools to make informed decisions on growth opportunities.
**Personal Competencies**:
Ability to drive a culture of service excellence
Strong interpersonal skills - particularly collaboration and engagement skills
Sound communication skills - including written and presentation skills
Strong team player
Willingness and desire to learn
**Desired Experience**:
Proven track-record in underwriting and/or broking Commercial Property insurance.
Experience in underwriting and/or broking Commercial Property insurance
Previous experience within a commercial insurance environment, including exposure to clients and/or intermediaries
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 world’s 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 belonging
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one



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