Cyber Underwriter

Make your mark in Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

• To underwrite all Commercial and Financial Cyber businesses and Technology Professional Indemnity accounts.
• Support growth and profitability objectives as outlined by the Profit Centre.
• Contribute to planning – Assist in identifying growth opportunities, new business segments, and 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.
• Maintain strong working relationships with tiered brokers.
• Create solutions and initiatives in order to service SME market and agency-based businesses.
• Establish, maintain and monitor accredited local and global third party service providers that assist CyberEdge clients in the event of a breach.
• Lead the onboarding discussions of Cyber Vendors with potential clients and/or Policyholders.
• Lead product trainings to Agents, Brokers and Business Development Managers of AIG.
• Create concepts and execute marketing events that increase awareness on AIG’s CyberEdge capability.
• Ensure High Quality of underwriting files.
• Ad-hoc special projects or requirements that may arise from time to time.

Key Accountabilities

Customer

• Assist with the maintenance/development of solid working relationships with all clients, brokers, reinsurers and other stakeholders.
• 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 to ensure awareness of underwriting and business activities support standards required.
• Help identify opportunities and strategies in support of growth in CAP and MAP segments.
• Ensure delivery of reports and compliance tasks in timely fashion to key internal stakeholders.
• Consistently develop the CyberEdge Product to cater to the evolving needs of the market.

People

• Conduct technical and soft skills training as required to continue to develop technical and professional competencies.
• Maintain a professional and solution-based approach to underwriting.
• Supervise, train and mentor staff assigned under him/her (if any).

Financial

• Profitable growth within budgeted objectives.
• Expense management as directed by PC and Management.
• Highlight trends in portfolio to Head of Financial Lines.

Business Processes

• Adhere to all underwriting disciplines within the profit centre.
• Responsible for adapting and implementing underwriting strategy and methodology to meet production targets effectively and profitably.
• Prompt and timely advice to Segment/Commercial/Country Managers on New Business and Renewal negotiations on accounts that the PC identifies at risk prior to finalization wherever possible.

What you’ll need to succeed

• Possess recognized insurance certifications/qualifications.
• Proven experience in underwriting Cyber products.
• Strong organizational skills and relationship capabilities.
• Uses technology as a strategic lever; understands technological trends that impact the way organization does business.

Ready to take your career to the next level? We would love to hear from you.