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AIG

Underwrites insurance for businesses and individuals

Head of Property and Business Pack

UnderwritingConfirmed live in the last 24 hours
Full-timeHong KongNo salary listed

About the Job

Requirements

  • Significant insurance leadership experience, including oversight of multiple products and geographies and profit-and-loss responsibility.
  • A proven track record of delivering profitable growth in a sizable and relevant general insurance product line.
  • Deep expertise in Commercial Property Insurance and an expert technical underwriting background.
  • Strong business acumen, sound judgment, and strong analytical, quantitative, process, and systems skills.
  • Strategic and results-oriented approach, ability to manage vision and purpose, and experience developing organizational capability.
  • Commercial thinking and deep knowledge of the insurance industry, including the ability to assess the impact of external changes or decisions, plan accordingly, and execute those plans.
  • Ability to influence and communicate effectively, collaborate, and manage stakeholders in a matrix structure across a wide geography.
  • Change and team leadership skills.
  • Established relationships with customers and intermediaries.

Responsibilities

  • Drive business strategy to position AIG Commercial Property Lines for significant, profitable, and sustainable long-term market leadership in support of the company’s return-on-equity objectives, including monitoring standards and quality reviews to assess loss ratios and underwriting results.
  • Drive the Commercial Property vision and value proposition in cooperation with internal stakeholders, taking account of changes in the business and competitive environment, key business drivers, and financial elements, and demonstrate the value delivered to clients.
  • Own technical and governance matters for Business Package in the region.
  • Oversee the Business Package first-party line of business in the region.
  • Develop, position, market, and deliver innovative, market-leading products and services through a geographical framework to a network of producers, leveraging competitive strengths.
  • Ensure Commercial Property underwriting staff and leads are aligned in their interactions with Distribution, Claims, Actuarial, Finance, and other functions to achieve product and company goals.
  • Collaborate with Actuarial to create and maintain appropriate pricing tools and techniques.
  • Establish and maintain governance standards, systems and controls, and regulatory compliance.
  • Make resource-allocation decisions for the Commercial Property Underwriting function in conjunction with relevant stakeholders.
  • Collaborate with the Claims team to maintain a reputation for claims excellence in the marketplace.
  • Represent AIG in the marketplace and strengthen the AIG brand.

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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