Underwriter, Casualty

Makati City, Metro Manila
Permanent
Full-time

24 days ago

Underwriter, CasualtyAt AIG, we are reimagining the way we help customers to manage risk. Join us as Underwriter, Casualty to make a greater impact through your technical expertise and people skills. This could be the ideal chance to step up into your first Senior level role.Make your mark in UnderwritingAIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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

This role is your opportunity to drive profitable growth in Casualty by working on creative solutions for complex risks. You will be responsible for underwriting a range of new and renewal business, using your proven relationship building skills.

We want you to work closely with brokers to communicate risk appetite and our value proposition – and to understand the deal structures, terms and products that best meets clients’ needs. You will then negotiate pricing, terms & conditions, and deal structure with brokers and clients.

It will be important to generate new business by expanding your broker network, attending broker events, and building new relationships across the market. You will collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities.

As a member of the team, you will abide with the high standard of customer service to brokers and clients.

Likewise, it is expected from this role to perform these key functions:

Support growth and profitability objectives as outlined by the Profit Center.
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.
Maintain strong working relationships with intermediaries
Ad-hoc special projects or requirements that may arise from time to time.

Other responsibilities of this role include:

Customer

Assist with the maintenance/development of solid working relationships with all clients, brokers, reinsurers and other stakeholders and managing/planning broker visitation schedule in consultation with Profit Centre Manager
Help to identify business opportunities for other profit centers to support the company’s cross marketing strategy.
Liaise with administration staff, legal, claims, finance and accounting and any other services centers to ensure awareness of underwriting and business activities support standards required.
Keep PCM aware of all major underwriting issues
People

Maintain a professional and solution-based approach to underwriting
Contribute positively and constructively during performance review and goal setting process
Financial

Profitable growth within budgeted objectives.
Development and Implementation of business plans with appropriate guidance from PCM and Management.
Highlight trends in portfolio to PCM.
Business Process

Adhere to all underwriting disciplines within the profit center.
Responsible for adapting and implementing underwriting strategy and methodology to meet production target effectively and profitably.
Referral of Renewal or New Business to PCM/Regional which falls outside of delegated underwriting authority.
Work within corporate guidelines and delegated underwriting authority as appropriate.
Prompt and timely advice to PCM/Country Manager on New Business and Renewal negotiations on accounts that the PC identifies at risk prior to finalization wherever possible.
Effective use of Multinational Platforms to service Multinational Accounts where Philippines is the Producing Office. Ensuring prompt issuance of Local Admitted Policies on Multinational Programs.

What you’ll need to succeed

Proven underwriting experience, with good knowledge of Casualty.
The ability to analyze financial statements.
Strong communication, networking and relationship building skills.
Good organizational and time management skills.
Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Ready to put your ideas into action? We would love to hear from you.Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.Welcome to a culture of belongingWe’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.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.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 mattersAt AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.Welcome to a culture of inclusionWe’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.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. If you believe you need a reasonable accommodation, please send an email to .Functional Area: UW - UnderwritingAIG Philippines Insurance Inc

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