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AIG

Underwrites insurance for businesses and individuals

Head of Management Liability and Crime GCCNA

UnderwritingConfirmed live in the last 24 hours
Full-timeDubai - United Arab EmiratesNo salary listed

About the Job

Requirements

  • A degree in business, economics, insurance, or marketing, or an insurance qualification is required; a finance degree or qualification is a plus.
  • Financial Lines experience is required, with a specific focus on Management Liability and Crime underwriting, including Commercial D&O, POSI, Commercial Crime, and EPL.
  • Thorough knowledge of the Financial Lines Insurance industry is required; Middle East, Africa, and European market experience is a plus.
  • Strong verbal and written communication skills are required.
  • Strong entrepreneurial and leadership skills are required.
  • Strong presentation skills are required.
  • Ability to analyze complex problems, interpret operational needs, and develop integrated creative solutions is required.

Responsibilities

  • Manage the portfolio and focus on achieving profitable and sustainable growth. Continuously assess overall portfolio performance and make adjustments where needed.
  • Assist with and project-manage the rollout of new products, wording, facilities, quote pads, and bulletins across GCCNA.
  • Provide technical training to underwriters as needed.
  • Act as a referral point for GCCNA underwriters on pricing, wording and coverage, exposure analysis, and guidelines that trigger regional referrals.
  • For programs and schemes, prepare and/or support the Head of Financial Lines in analyzing referrals before submitting them to the Program Team for approval.
  • Coordinate and roll out strategic initiatives with main broker partners.
  • Support the development of strategies to ensure ease of trade.
  • Assess risks through underwriting, service accounts, and develop Financial Lines product capabilities.
  • Underwrite risks within underwriting authority through rigorous risk assessment, including consideration of loss control, claims history, and other appropriate risk-management functions.
  • Complete risk logging and worksheets, and apply rater tools.
  • Ensure adherence to underwriting guidelines and referrals.
  • Transact and file accounts in accordance with company standards.
  • Ensure adherence to audit requirements.
  • Ensure adherence to regulatory and compliance requirements.
  • Develop and maintain strong personal and professional relationships with brokers and clients across all territories.
  • Adhere to internal service-level agreements to ensure operational efficiency and achievement of agreed customer service standards; instruct and monitor the issuing of policy documents.
  • Control expenses and manage all expenses within budget. Continuously work to reduce the expense ratio by improving efficiencies and maximizing productivity through process streamlining.
  • Manage a team of underwriters to grow the portfolio profitably.
  • Engage with Claims and Actuarial to understand loss drivers and determine appropriate underwriting actions on particular accounts and portfolios.
  • Work with Operations to understand the administrative functions that support the business.
  • Work with Distribution to improve how products are taken to market and purchased.
  • Understand client needs.
  • Build and grow the business with brokers and cedants.

Desired Qualifications

  • A finance degree or qualification.
  • Middle East, Africa, and European market experience.

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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