Senior Underwriter

4 weeks ago


Makati, Philippines AIG Full time

Overview

Senior Underwriter (Casualty / Financial Lines) – AIG Makati, National Capital Region, Philippines

Responsibilities
  • Support growth and profitability objectives as outlined by the Profit Centre.
  • Contribute to planning – identify 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 intermediaries.
  • Conduct training to intermediaries and other stakeholders.
  • Assist on preparing reports for either Casualty, or Financial Lines in the Philippines.
  • Ad-hoc special projects or requirements that may arise from time to time.
  • Assist with the maintenance/development of solid working relationships with all clients, brokers, reinsurers and other stakeholders and manage/plan broker visitation schedule in consultation with Profit Centre Manager.
  • Help identify business opportunities for other profit centres to support the company’s cross marketing strategy.
  • Liaise with administration staff, legal, claims, finance and accounting and any other services centre to ensure awareness of underwriting and business activities support standards required.
  • Lead the launch of new policy wordings and/or other specific product initiatives.
  • Ensure delivery of reports and compliance tasks in a timely fashion to key internal stakeholders as and when required.
  • Keep PCM aware of all major underwriting issues.
  • Maintain a professional and solution-based approach to underwriting.
  • Contribute positively and constructively during performance review and goal setting process.
  • Profitable growth within budgeted objectives.
  • Expense management as directed by PC and Management.
  • Assist with planning for the PC within a matrix environment.
  • Development and implementation of business plans with appropriate guidance from PCM and Management.
  • Highlight trends in portfolio to PCM.
  • Adhere to all underwriting disciplines within the profit centre.
  • 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 finalisation 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.
About the employer

American 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. 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 people through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. 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

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