Job Requirements:
- Drive development of local market opportunities to exceed required performance and financial efficiency benchmarks through active management of existing channels (e.g., brokers, agents, direct marketing, bank assurance, etc.)
- Deliver annual new business production and cross selling from existing clients (Complex / Corporate) in line with set objectives and in accordance with the Sales process
- Ensure retention of all Key renewals within assigned portfolios in line with Profit Centre renewal strategies
- Develop and maintain an understanding and working relationships with Global Brokers, Independent Brokers and other key distribution partners
- Identify and maintain regular contact with key business influencers with all our key distribution partners
- Implement long and short-term distribution business plans, objectives in alignment with EMEA Regional and Country business objectives covering SSA (SA & Kenya)
- Set and achieve local distribution budget/sales targets focused on driving profitable growth and supporting both Commercial and Consumer Groups in SSA across both South Africa and Kenya
- Analyze and monitor market conditions in order to identify and develop new distribution channels, trends and customer needs
- Provide input into the risk appetite, capital management and reinsurance strategies according to local statutory solvency and profitability requirements. Ensure the highest quality service and after sales care so that Company/customer requirements are fully satisfied
- Target new business and cross sell opportunities
- Coordinate monthly and quarterly meetings with Global Brokers, and Key independent Brokers and other distribution partners to ensure profitable growth
- Manage AIGS Salesforce database for all accounts with Global Brokers
- Manage designated ad-hoc projects
Key objectives- Optimize use of distribution channels in countries, based on profitability, while achieving adequate product, channel and diversification/long-term stability of sustainable business generation
- Ensure Distribution core disciplines and best practices are implemented and utilized across all channel in the Countries to optimize productivity and efficiency
- Ensure alignment of business strategies and activities with the requirements of applicable local and international regulations and corporate guidelines
- Ensure renewal of all Key renewals within designated portfolios in accordance with Profit Centre underwriting strategies
- Achieve new business budgets
- Further strengthen & build Global Broker relationships, leveraging off our global agreements, with the support of International & EMEA and to maintain a leading Complex Segment position. Build & grow our Corporate Segment, especially High Margin lines
- Specific account targeting/ pipeline management. (Salesforce)
- Enhance and assist in the development of our Client Engagement capabilities
- Facilitate Client Round Tables, Thought Leadership & Industry Events
- Facilitate Deal Days, Broker and Client Academies
Audit and Compliance
Ensure adherence to audit requirements
Ensure adherence to regulatory and compliance requirements
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: https://www.aig.com/about-us/diversity-equity-and-inclusion
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 candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.
Preference will be given to previously disadvantaged candidates in line with the companys Employment Equity Plan. Specific preference will be given to people with disabilities.
Functional Area:
SM - Sales & Marketing
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG South Africa
Principle tasks