Northeast Zonal Executive, Retail Property

About the role

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. Reporting to the Head of Retail Property, North America General Insurance, this role will be responsible for executing on strategy and attracting, managing and developing a team of highly accomplished, driven colleagues.

Responsibilities

• Responsible for the P&L within North American Retail Property.
• Develop and successfully execute key initiatives for the Retail Property portfolio.
• Lead and develop a team of highly accomplished colleagues to include developing tools and strategies to attract and retain top talent.
• Lead, direct and control strategic, financial, and operating plans to ensure the organization achieves its short and long-term objectives as set by the overall corporate business plan; and inform and choreograph implementation of key objectives.
• Monitor the competitive environment to identify business threats and opportunities and develop business plans to address them.
• Drive consistent distribution and underwriting best practices and guidelines to ensure rating and pricing adequacy of the business.
• Ensure effective utilization of detailed monitoring standards including quality reviews to assess underwriting results and loss ratios down to the account level.
• Mentor regional leaders to develop and implement business strategies with local insights.
• Partner closely with General Insurance product leaders, to enhance and integrate all complimentary product offerings.
• Co-create business strategy within global framework, focusing on risk appetite that impacts profitability and effectively manages risk.
• Oversee decisions regarding pricing strategies, resource allocations and talent assessments.
• Ensure alignment between the underwriting platform and CUO, Distribution, Claims, Actuarial, Finance and other functions to achieve product and company goals.
• Monitor monthly KPI's on Retail Property's UW Scorecard
• Engage with Ceded Re on improved Reinsurance options

Requirements

• Leadership Skills
• Strategic orientation, managing vision and purpose, developing organizational capability.
• Talent assessment and development for bench strength and succession planning.
• Proven collaborative leadership skills.
• Strong influencing and communications skills and ability to work across multiple areas of company and industries.
• Change management and team leadership.
• External and internal thought leadership.
• Technical Skills and Professional Experience
• Minimum of 15 years of property and casualty insurance experience including oversight of multiple products and geographies
• Minimum of 10 years of successful team management experience.
• Proven strategic leadership skills in developing vision and purpose, driving for results and leading effective teams.
• Demonstrated strong knowledge of market segmentation, portfolio management, acquisition, and distribution.
• Proven excellent marketing, influencing, negotiating and communication skills.
• Proven successful insurance business development background.
• Established strong relationships with customers and intermediaries.
• Demonstrated business acumen, and analytical and quantitative skills.
• Strong problem solving and conflict resolution skills.
• For positions based in New York, the base salary range is $249,000 - $295,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits
• 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
• 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 a

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