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Senior 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 a Senior Underwriter to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Responsibilities

  • You will be empowered with significant underwriting authority to negotiate and make sound business decisions in order to deliver regional financial targets.
  • You will assist the regional construction lead in developing and executing on strategic initiatives.
  • You will work with brokers in real-time and make quick decisions.
  • You will provide a streamlined service to brokers, by following the “Underwriting Rules & Guidelines” and by using existing pricing tools / modelling tools / MI tools.
  • You will collaborate with local distribution to establish a “pipeline” of target accounts across all lines of Insurance, not just Construction.
  • You will use existing reports/data to monitor profitability trends across your portfolio.
  • You will keep abreast of market developments, especially in your region.
  • You will have a thorough understanding of policy forms / contracts but will also work with our in house legal team and outside counsel on complex coverage issues.
  • You will develop strong long term relationships with brokers and clients, providing superior service to establish mutually beneficial partnerships.
  • Provide training and support to junior members of the team.

Requirements

  • Construction underwriting experience, preferably at a large international insurance company.
  • You have recognized relationships with clients and brokers at peer group level and are well established within the market.
  • You have a thorough understanding of regional / local Engineering & Construction insurance markets and competitor landscape.
  • You have a thorough understanding of policy wordings and relevant industry developments.
  • You have the ability to work quickly and effectively in a small team, helping the regional construction team to hit their targets.
  • You are capable of leveraging data and analytics to make business more efficient and effective.
  • You have excellent negotiation skills, ability to build, maintain and expand relationship with key broker partners and clients.
  • You have excellent organizational and interpersonal skills.
  • You should be results-oriented.
  • Preferably, you have a degree either in engineering/construction, economics, law or other appropriate discipline.
  • Ideally you are ACII qualified or working towards it.

Benefits

  • 401k matching
  • Health insurance
  • Flight privileges

About the Company

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.

Job Details

Salary Range

Salary not disclosed

Location

Frankfurt, Germany

Employment Type

Full-time

Original Posting

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