Job Description

Senior Underwriter/Assistant Manager

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 Underwriting

AIG\xe2\x80\x99s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG\xe2\x80\x99s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG\xe2\x80\x99s 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.

About the role

What you need to know:

Description:

• 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.

What we\xe2\x80\x99re looking for:

Requirements:

• Bachelor\xe2\x80\x99s 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

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. 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. At AIG, we believe that diversity and inclusion are critical to our future and our mission \xe2\x80\x93 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.

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 \xe2\x80\x93 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 - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Malaysia Insurance Berhad

AIG