Assistant Manager, Financial Lines
Who we are
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 is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.
About the role
What you need to know:
To underwrite Directors and Officers Liability, Professional Liability, Crime, Construction Professional Liability aspects of the Profit Center's business including :
- Support growth and profitability objectives as outlined by the Profit Centre.
- 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.
- Conducts product training to Agents on a quarterly basis as arranged by the Commercial Lines Agency Team.
- Ad-hoc special projects or requirements that may arise from time to time.
- Help to identify business opportunities for other profit centres to support the company's cross marketing strategy.
- Liaise with administration staff, legal, claims, finance and accounting and any other services centre to ensure awareness of underwriting and business activities support standards required.
- Lead multinational development plans so that AIG gains the maximum share of available profitable income from key/potential producers
- Ensure delivery of reports and compliance tasks in timely fashion to key internal stakeholders as and when required.
- Keep Underwriting Manager aware of all major underwriting issues
What we're looking for:
- Possess recognized insurance qualification and/or relevant tertiary degree from a recognized institution
- University degree
- Ideally business, accounting or related degree
- General Insurance Underwriting, risk management or broking background essential
- Five to ten years of experience in Financial Lines underwriting and Experience in underwriting Construction Professional Indemnity (Annual and Single Project) is a plus.
- Risk assessment including new business reinsurance negotiations and developing renewal retention strategies.
- Possess strong interpersonal and problem solving skills
- Confident
- Strong English written and verbal communication skills
- Excellent systems and PC skills.
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We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to . Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - UnderwritingEstimated Travel Percentage (%): No TravelRelocation Provided: YesAIG Asia Pacific Insurance Pte. Ltd.
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As a leader in commercial and personal insurance solutions, we are one of the world's most far-reaching property casualty networks, offering a broad range of products, including Liability, Financial Lines, Property, Global Specialty, Crop Risk Services, Personal Lines and Accident and Health. But as a leader, it is also important to us to help the world overcome some of the biggest challenges it has ever faced. From tackling climate change to creating more diverse, inclusive workforces, we are proud to not just be part of the solution, but to be a global leader for positive change in the communities that we serve. We're also committed to doing the right thing for our people and the communities where we work and live. It's why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs. Join our Talent Network . Additional information about AIG can be found at www.aig.com | YouTube | Twitter | LinkedIn . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
