Underwriter - Business Pack

Underwriter - Business Pack

Apply locations: Kuala Lumpur
Time type: Full time
Posted on: Posted 2 Days Ago
Job requisition id: JR2406399

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.

Get to know the business

General Insurance Underwriting

AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, bringing to market groundbreaking insurance solutions for our changing world.

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:

• 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’re looking for:

Requirements:

• Bachelor’s degree
• AMII or ACII (Added advantage)
• 5 years + in the insurance industry specifically Commercial Insurance
• Competencies Required: Problem solving, Decision making, Analytical, Communication, Initiative

Reimagining insurance to make a bigger difference to the world

AIG is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals.

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 to working with and providing reasonable accommodations to job applicants and employees with disabilities.