AIG Logo

AIG

Senior Underwriting Specialist, Energy

Posted 6 Days Ago
Be an Early Applicant
In-Office
Toronto, ON
Senior level
In-Office
Toronto, ON
Senior level
Underwrite and manage energy insurance risks across Canada, develop new business, negotiate terms with brokers and clients, and provide technical underwriting authority. The role involves portfolio profitability oversight, market trend analysis, policy wording review, regulatory compliance, client and broker relationship management, industry presentations, and mentoring junior staff.
The summary above was generated by AI

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


Senior Underwriting Specialist, Energy


Join us as a Senior Underwriting Specialist to make a greater impact through your technical expertise and people skills. This could be the ideal chance to step up into your next Senior level role.


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 has an exciting opportunity for a Underwriter to join our North America Specialty, “Energy Team focusing on property coverage for clients in the Oil and Gas, Mining, Construction, Power/Utilities and Chemical sectors


How you will create an impact:

  • Underwriting and managing an existing book of Energy risks and developing and underwriting a pipeline of new business opportunities across the country
  • Collaborating with peers in other regions and providing technical underwriting support on existing accounts in those regions, ensuring a consistent approach to market throughout the country.
  • Negotiate terms and conditions with brokers and clients
  • Communicating our value proposition with our brokers and clients and demonstrating our right to win
  • Identifying future industry trends, understand how they will impact ours our client’s business and developing new strategies around those trends
  • Communicating to internal stakeholders on the profitable of the portfolio
  • Providing superior customer service to brokers and clients.
  • Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
  • Serve as a designated UW resource, exercising technical underwriting authority with regards to Energy lines within Canada
  • Ability to mentor and foster junior staff on the team.
  • Ensures the required standards of governance, systems and controls, and regulatory compliance are maintained.
  • Establish relationships with members of the distribution and zonal leadership teams.
  • Embrace a culture that promotes collaboration, diversity, and inclusion.

What you'll need to succeed:

  • Energy industry experience & technical acumen.
  • Preferred minimum of 10+ years Insurance Industry experience.
  • Bachelor’s degree from a four-year college or university
  • Advanced working knowledge of the Energy lines of business including product features, forms, regulatory environments and risks etc.
  • Major Client and complex risk experience, including knowledge of Energy market segmentation, portfolio management, acquisition and distribution
  • Strategic orientation, managing vision and purpose, including process excellence and system skills
  • Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
  • Ability to analyze policy wordings
  • Demonstrated knowledge of current market conditions, trends and the ability to leverage that knowledge to give us right to win
  • Relationships with tier 1 and 2 brokers and the ability to develop new relationships
  • Demonstrated sales, marketing, and relationship building experience.
  • Strong verbal and written communication skills
  • Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline
  • Willingness to travel 25% of the time

The base salary range for this position is CAD $88,000-$133,000 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.


#LI-NT1


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].  





Functional Area:

UW - Underwriting

Risk Specialists Companies Insurance Agency, Inc.

Similar Jobs

Junior
Fintech • Financial Services
Two-year Commercial Real Estate Analyst program focused on financial modeling, valuation, market and property research, credit analysis, presentations, due diligence, client meetings, and relationship development. Analysts receive training in accounting, valuation, financial modeling, and credit analysis while collaborating with bankers, risk professionals, and senior leaders. The role is based in Toronto and targets early-career candidates graduating between December 2026 and June 2027.
Top Skills: ExcelMS OfficePowerPointWord
Junior
eCommerce • Fashion • Retail • Sales • Wearables • Design
Serves as a Coach brand ambassador by delivering personalized luxury-retail experiences, building client relationships, styling customers, and achieving individual and store sales goals. Responsibilities include cross-selling, clienteling, social selling, transaction processing, inventory receiving and replenishment, visual merchandising, stockroom organization, and asset protection. The associate supports teammates, participates in training and brand initiatives, and works a flexible schedule including nights, weekends, holidays, and peak seasons.
Top Skills: Clienteling ToolsIpadLaptopMobile PosPoint-Of-Sale (Pos) SystemsShort-Form VideoSocial Selling PlatformsWalkie-Talkie
Yesterday
Remote or Hybrid
Ontario, ON, CAN
Senior level
Senior level
Cloud • Fintech • Information Technology • Machine Learning • Software
Lead the architecture and implementation of scalable distributed systems powering AI features for millions of users. Build production infrastructure, data pipelines, and model-serving interfaces using Python, SQL, Spark or Dask, AWS, and Kubernetes. Partner with applied scientists to productionize ML and LLM features, own operational reliability and technical debt, respond to incidents, and mentor engineers while improving engineering practices across the AI Products team.
Top Skills: AirflowAWSDaskKubernetesLarge Language ModelsMlflowPrefectPythonPyTorchSparkSQLTensorFlow

What you need to know about the Calgary Tech Scene

Employees can spend up to one-third of their life at work, so choosing the right company is crucial, not just for the job itself but for the company culture as well. While startups often offer dynamic culture and growth opportunities, large corporations provide benefits like career development and networking, especially appealing to recent graduates. Fortunately, Calgary stands out as a hub for both, recognized as one of Startup Genome's Top 100 Emerging Ecosystems, while also playing host to a number of multinational enterprises. In Calgary, job seekers can find a wide range of opportunities.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account