Senior Underwriter - Business Pack

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. Get to know the business General Insurance Underwriting AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG's underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals. What you need to know: Handle all areas not limited to sales, product development, pricing, planning & coordinate marketing activities with distribution channels. Provide product training for all channels including SME risk appetite and identify areas for growth. Contribute to the overall strategic direction and development of the SME portfolio, review of electronic trading platform (Transact) business rules and rating algorithm and improvements in operational efficiency. Performance Measurements, expressed in quantifiable terms where applicable To fulfill the following KPIs: Execute and measure performance of distribution channels assigned (Agents & Brokers) to achieve business targets. Expected hit ratio of 60% on new business and retention ratio of 86% for the renewals. Assist HOD with the development and roll-out of any new products. Work closely with Corporate Communication and Legal to coordinate all marketing and communication activities, materials, and collaterals in conjunction with any new products launched. Lead and coordinate UAT activity for the department. Responsible for underwriting and portfolio management of the department. Quarterly review of business rules and recommend areas of improvement. Assist HOD on any other ad-hoc tasks, assignments, projects, reports, presentation, training, marketing & communication materials for the department.

Requirements

• Bachelor's degree
• AMII or ACII (Added advantage)
• Competencies Required
• Knowledge required: (e.g. Problem solving, Decision making, Analytical, Communication, Initiative)
• 5 years + in the insurance industry specifically Commercial Insurance
• #LI-SK1
• 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
• Welcome to a culture of inclusion
• 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 t

Benefits

Additional Information

Senior Underwriter - Business Pack - AIG Malaysia

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at AIG? Share your experience