Energy Underwriting Specialist

AIG Canada has launched careers and developed future leaders for 60 years.

Energy Underwriting Specialist

Make your mark in Underwriting

AIG 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. AIG Insurance Company of Canada Energy unit is looking for an Underwriting Specialist. The unit writes Oil and Gas, Mining, Power/Utilities and Chemicals business across Canada.

How you will create an impact

• Manage and service an existing renewal book of Onshore Energy 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

What you'll need to succeed

• Strong understanding of Energy industry, applicable insurance products, loss trends and engineering issues of specific segments (mining, oil and gas, power/utilities)
• High level of proficiency with different pricing tools, actuarial techniques, risk selection
• Strong 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 result-oriented
• Strong working knowledge of the various applications in the Microsoft Office suite (Excel, Outlook, Word, etc.)

Ready to take your career to the next level? We would love to hear from you.

The base salary range for this position is CAD $80,000-$100,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply - your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: CA Benefits Overview.

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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 what’s 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 security—as well as your professional development—to 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 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 inclusion

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 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 AIG’s 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 [email protected].  

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