PURPOSE OF THE ROLE:
Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.
Technical Underwriting
- Underwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss control, claims history and all other appropriate risk management factors
- Play an active role in the development and negotiation and sign off of large programs by motivating limits and policy structures where referral is required
- Prove technical underwriting guidance to junior underwriters as directed by Profit Centre manager
- Ensure adherence with all underwriting guidelines and referrals
- Manage allocated portfolio accounts in profitable and sustainable growth, constantly assessing overall performance of the portfolio and make recommendations for adjustments to the Profit Centre Manager as needed
- Provide accurate estimates and reports as required
- Keep abreast of market changes and trends
- Proactively engage with BMCs to provide technical support for Branch business development initiatives
- Seek opportunities to improve synergies and participate in cross-sell initiatives with other profit Centres
- Develop and maintain strong personal and professional relationships with clients and brokers
- Represent AIG on industry bodies and professional associations and organizations
- Adhere to internal SLAs to ensure operational efficiency and achievement of agreed customer service standards
- Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes
- Ensure adherence to audit requirements
- Ensure adherence to regulatory and compliance requirements
Portfolio Management
Business Development and Retention
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:
UW - Underwriting
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG South Africa
