Casualty Underwriter, FAC Reinsurance
Job Description – Casualty Underwriter, FAC Reinsurance
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter Casualty to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Make Your Mark in UnderwritingAIG 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.
HowYou Will Create An Impact
- Effectively and profitably 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.
- Qualifications and
Education:
Bachelor’s Degree - Experience:
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, PowerPoint and Outlook.
- Lead EIL strategies for GCC&NA and ensure successful implementation of business plan including achieving budget, marketing and profitable underwriting.
- Achieve new business and retention targets for Africa geography.
- 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.
- Work independently to evaluate and analyze submissions, apply underwriting guidelines/business practices and make an underwriting decision.
- Maintaining broker/client relationships. Generate new business from existing producers and up-sell current accounts.
- 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.
- Adhere to underwriting authority & underwriting guidelines reference in the AIG Casualty Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.
- Ensure the tracking of all Casualty Accounts of AIG UAE.
- Ensure timely update of eStart and other tracking tools.
- Ensure timely booking of all policies.
- Other tasks that may be deemed necessary as per the Casualty requirements.
- 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.
- To foster positive business relationships with producers and clients.
Demonstrate good business management skills in planning, organizational ability, decision-making, and priority setting with superior time management skills.
- Ability to work independently, self‑manages, organizes and prioritizes work with minimal direction from superiors. Perform multi tasks simultaneously and shift focus quickly.
- Ability to establish trust and effective working relationships with team, filed offices, and producers.
- Integrity, image, communication skills, interpersonal skills at an established high professional level.
- Commitment to maintain and develop underwriting skills and technical knowledge.
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 MattersAt AIG, our people are our greatest asset. We know how important it…
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