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AIG

Underwrites insurance for businesses and individuals

Head of Marine

UnderwritingConfirmed live in the last 24 hours
Full-timeMakati, Metro Manila, PhilippinesNo salary listed

About the Job

Requirements

  • A university degree in Business Administration, Finance, Maritime Studies, or a related discipline is required.
  • Extensive progressive commercial insurance experience with deep technical expertise specifically in marine underwriting is required.
  • Deep comprehension of marine risk assessment, policy phrasing, international shipping operations, and local reinsurance structures is required.
  • A proven track record of managing teams, coaching talent, and executing commercial strategies is required.

Responsibilities

  • Own the profit center’s premium, growth, and profitability targets.
  • Manage portfolio performance, underwriting results, and risk appetite.
  • Monitor retention, new business, pricing, loss ratios, and overall portfolio quality.
  • Ensure underwriting decisions are consistent with AIG’s guidelines and authority.
  • Provide direction on complex or high-value risks and referrals.
  • Oversee the underwriting of new and renewal business.
  • Ensure the portfolio achieves profitable growth rather than growth at any cost.
  • Work with Claims and Actuarial teams on portfolio performance and emerging risks.
  • Maintain senior relationships with key brokers and major clients.
  • Develop distribution strategies and identify new business opportunities.
  • Represent AIG in broker meetings and market events.
  • Strengthen AIG’s market profile and relationships with strategic producers.
  • Set and execute the profit center’s business plan.
  • Identify target accounts, new segments, and product opportunities.
  • Drive cross-selling with other AIG profit centers.
  • Develop opportunities in Corporate, Major Accounts, Multinational, and other strategic segments.
  • Lead, coach, and develop underwriters and other team members.
  • Set performance expectations and support succession planning.
  • Build technical underwriting capability within the team.
  • Promote collaboration and accountability.
  • Identify opportunities to improve products, wordings, and endorsements.
  • Develop broker-specific programs where appropriate.
  • Work with regional and APAC teams on strategic initiatives and new products.
  • Ensure compliance with AIG underwriting policies, regulatory requirements, and audit standards.
  • Manage underwriting authorities and referrals.
  • Ensure accurate management reporting and appropriate escalation 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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