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Underwriter Construction (f/m/x)

AIG

Frankfurt, Germany
Full-time
Posted Aug 20, 2025
Full-time

Compensation

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About the role

Join us as an Underwriter to grow your career at the forefront of Construction insurance.

Responsibilities

  • Actively source and underwrite new business to meet profitability targets.
  • Develop, grow, manage and maintain a profitable book of Construction accounts
  • Underwrite in line with the Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules.
  • Oversee a globally consistent data set of submissions and the historical loss results of that portfolio.
  • Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims and Operations.
  • Manage referrals and undertake 4-eye reviews with underwriters.
  • Contribute to the development and execution of regional underwriting strategy.
  • Create and maintain positive relationships with key producers and clients and other relevant stakeholders.
  • Ensure accurate policy documentation is issued to producers.
  • Provide training and support to junior members of the Construction team
  • Manage assigned underwriting assistants where required

Requirements

  • Extensive experience underwriting profitable business in the Construction segment of large corporate international insurance
  • Recognized relationships with clients and brokers at peer group level and are well established within the market
  • Specialized understanding of regional / local Construction insurance markets and competitor landscape
  • Capable of leveraging data and analytics to make business more efficient and effective
  • Good understanding of the legal and regulatory environment
  • Ability to design, develop and implement consistent, robust wordings for contracts
  • Excellent negotiation skills, ability to build, maintain and expand relationship with key broker partners and clients
  • Excellent organizational and interpersonal skills
  • Results-oriented

Benefits

  • 401k matching
  • Health insurance
  • Flight privileges

About the Company

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals.

Job Details

Salary Range

Salary not disclosed

Location

Frankfurt, Germany

Employment Type

Full-time

Original Posting

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