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AIG

Underwrites insurance for businesses and individuals

Underwriter - Financial Lines

UnderwritingPosted on Nov 13
Full-timeSingaporeNo salary listed

About the Job

Requirements

  • Possess a Monetary Authority of Singapore-recognized insurance qualification.
  • Have risk assessment experience, including new-business reinsurance negotiations and developing renewal retention strategies.
  • Have strong interpersonal and problem-solving skills.
  • Be confident.
  • Have strong written and verbal communication skills in English.
  • Have excellent systems and personal computer skills.

Responsibilities

  • Underwrite Cyber, Commercial Directors and Officers Liability, Commercial and Construction Professional Indemnity, Commercial Crime, and Financial Institutions business within the Profit Center.
  • Support growth and profitability objectives outlined by the Profit Centre.
  • Contribute to planning by assisting in identifying growth opportunities, new business segments, and new product opportunities to support growth objectives.
  • Adhere to required underwriting procedures and compliance protocols.
  • Assist with account-targeting strategy and product-development initiatives.
  • Develop and maintain strong working relationships with assigned brokers.
  • Undertake ad hoc special projects or requirements that may arise from time to time.
  • Assist with maintaining and developing working relationships with clients, brokers, reinsurers, and other stakeholders, and manage the staff broker-visitation schedule in consultation with the 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 other service centres to ensure awareness of underwriting and business activities and the required support standards.
  • Help identify opportunities and strategies supporting growth in Corporate and Major Account segments, and develop appropriate distribution solutions in the country environment.
  • Keep the Underwriting Manager aware of major underwriting issues.

About the Company

AIG

Underwrites insurance for businesses and individuals

AIG underwrites property and casualty insurance for businesses and individuals, covering losses from damaged assets, legal claims and personal accidents. Its commercial policies span risks such as cyberattacks, shipping losses and aviation accidents, while personal coverage includes accident and health insurance and protection for valuable homes. Brokers and agents connect clients with insurers that assess risks, set premiums and handle claims under each policy's terms. The group earns insurance premiums and investment income on assets held to meet future claims. Its operating roots date to Shanghai in 1919, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1919

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