Underwriter FAC Reinsurance GCC - dubai - AIG Insurance

Description

#LI- AIG

Driving NPW and bottom-line growth and profitability through underwriting excellence.

Managing the renewals of the Cyber & Tech PI portfolio to ensure budgeted retention is met as well as underwriting excellence.

The underwriting authority granted will be in line with complexity of risks faced.

The position also requires tangible business development Broker relationship management and underwriting training to more junior team members.

Qualifications & Education:

Graduate level degree in business law economics or insurance.

Experience:

Cyber Underwriting experience

Training:

Financial Lines University CII & CISSP

Knowledge:

Local Market (Direct & RI)

Cyber Security foundational understanding

Technical Underwriting

• Underwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss control claims history and all other appropriate risk management factors.
• Risk logging worksheets and rater tool application.
• Provide technical underwriting guidance to junior underwriters as directed by Profit Centre Manager.
• Ensure adherence with all underwriting guidelines ART and referrals.
• Perform and interpret financial analysis of companies and their on-going performance.

Portfolio Management

• Cooperate with Sales & Marketing for the Development of market relationships leading to an increased level of new business and high retention ratios.
• Assist with the refinement of product offering for certain client segments.

Business Development and Retention

• Keep abreast of market changes and trends.
• Proactively engage with distribution to provide technical support for Branch business development initiatives.
• Seek opportunities to improve synergies and participate in cross-sell initiatives with other Profit Centres.
• Develop and maintain strong personal and professional relationships with Clients & brokers
• Represent AIG in a general and Financial Lines capacity where appropriate.

Business Operations

• Adhere to internal SLAs to ensure operational efficiency and achievement of agreed customer service standards.

Audit and Compliance

• Ensure adherence to audit requirements within own files.
• Ensure adherence to regulatory and compliance requirements within own files.

Expense Control

• Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes.

Internal

Accounting and Finance Marketing BC&E Distribution CPS Compliance Claims Department

External

Insurance Brokers Law Firms Loss Adjusters

• Dealing with ambiguity.
• Customer focus.
• Negotiating.
• Drive for results.
• Presentation skills.
• Business acumen.
• Problem solving.

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.

At AIG our people are our greatest asset. We know how important it is to protect and invest in whats 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 securityas well as your professional developmentto bring peace of mind to you and your family.

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds 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.

Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .

Functional Area:

UW - UnderwritingAIG MEA Limited