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Casualty Underwriter

External
AIG logoAig · Makati City
Full-timeOn-site5d ago
Compliance
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About the role

Casualty Underwriter At AIG, we are reimagining the way we help customers to manage risk. Join us as Underwriter, Casualty to make a greater impact through your technical expertise and people skills. This could be the ideal chance to step up into your first 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, 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 This role is your opportunity to drive profitable growth in Casualty by working on creative solutions for complex risks. You will be responsible for underwriting a range of new and renewal business, using your proven relationship building skills. We want you to work closely with brokers to communicate risk appetite and our value proposition - and to understand the deal structures, terms and products that best meets clients' needs. You will then negotiate pricing, terms & conditions, and deal structure with brokers and clients. It will be important to generate new business by expanding your broker network, attending broker events, and building new relationships across the market. You will collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities. As a member of the team, you will abide with the high standard of customer service to brokers and clients. Likewise, it is expected from this role to perform these key functions: Support growth and profitability objectives as outlined by the Profit Center. Contribute to planning - Assist in identifying growth opportunities, new business segments, new product opportunities to support growth objectives. Adhere to all underwriting procedures and compliance protocols as required. Assist with account targeting strategy and product development initiatives. Maintain strong working relationships with intermediaries Ad-hoc special projects or requirements that may arise from time to time. Other responsibilities of this role include: Customer Assist with the maintenance/development of solid working relationships with all clients, brokers, reinsurers and other stakeholders and managing/planning broker visitation schedule in consultation with Profit Centre Manager Help to identify business opportunities for other profit centers to support the company's cross marketing strategy. Liaise with administration staff, legal, claims, finance and accounting and any other services centers to ensure awareness of underwriting and business activities support standards required. Keep PCM aware of all major underwriting issues People Maintain a professional and solution-based approach to underwriting Contribute positively and constructively during performance review and goal setting process Financial Profitable growth within budgeted objectives. Development and Implementation of business plans with appropriate guidance from PCM and Management. Highlight trends in portfolio to PCM. Business Process Adhere to all underwriting disciplines within the profit center. Responsible for adapting and implementing underwriting strategy and methodology to meet production target effectively and profitably. Referral of Renewal or New Business to PCM/Regional which falls outside of delegated underwriting authority. Work within corporate guidelines and delegated underwriting authority as appropriate. Prompt and timely advice to PCM/Country Manager on New Business and Renewal negotiations on accounts that the PC identifies at risk prior to finalization wherever possible. Effective use of Multinational Platforms to service Multinational Accounts where Philippines is the Producing Office. Ensuring prompt issuance of Local Admitted Policies on Multinational Programs. What you'll need to succeed Proven underwriting experience, with good knowledge of Casualty. The ability to analyze financial statements. Strong communication, networking and relationship building skills. Good organizational and time management skills. Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable. Ready to put your ideas into action? We would love to hear from you. 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


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