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Casualty Underwriter- FAC Reinsurance GCC & North Africa
At AIG we are reimagining the way we help customers to manage risk. Join us as a Casualty UW- FAC RI GCCNA to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in Distribution
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. 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.
How you will create an impact
Effectively and profitable underwrite market sell and promote all Liabilities Group products. Responsible for the profitable underwriting of new business production and renewal retention of Casualty products for assigned territory developed through Brokers Direct Clients and Business Development Managers.
Communication and Working Relationships
Internal
Collaborates with other team members of the Casualty department and peer underwriters within Commercial Lines.
Develops strong interpersonal relationships with assigned countries and their employees.
External
To foster positive business relationships with producers and clients.
What youll need to succeed
2. Minimum Qualifications /Education/Experience/knowledge
Qualifications and Education: Bachelors Degree
Experience in field territory management experience related to the insurance industry
Training: Preferably completed negotiations skills and time management training
Knowledge: Has a thorough knowledge of the Property & Casualty industry. Advanced skills in MS Word Excel Power Point and Outlook.
Job Accountabilities
1. Maintain the Casualty Underwriting Guidelines that adhere to all corporate and support the strategy and profit goals of the company.
2. Underwrite new and renewal business to promote premium growth within UW authority. Achieve overall production goal in collaboration with the Underwriting Manager.
3. Provide sound underwriting decisions exhibit flexibility and price risks to achieve established profit goals for the company. Provide feedback on renewal loss ratios that exceed permissible. Identify poor performing accounts.
4. Work independently to evaluate and analyze submissions apply underwriting guidelines/business practices and make an underwriting decision.
5. Maintaining broker/client relationships. Generate new business from existing producers and up-sell current accounts.
6. Ensure that all casualty pricing tools are being used correctly and that all casualty quotes binders and policies are issued in accordance with regulatory and corporate policies.
7. Adhere to underwriting authority & underwriting guidelines reference in the AIG Casualty Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.
8. Ensure that all underwriting directives and compliance process are followed.
9. Ensure the tracking of all Casualty Accounts of AIG UAE
10. Ensure timely update of eStart and other tracking tools
11. Ensure timely booking of all policies
12. Handling of all process oriented tasks ensuring a smooth process in place
Key Competencies
Ready to take your career to the next level We would love to hear from you.
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 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.
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 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.
Welcome to a culture of inclusion
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 LimitedFull-Time