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AIG

Underwrites insurance for businesses and individuals

UW Lead Casualty SME

UnderwritingConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • Completed vocational training as an insurance clerk with further qualification as an insurance specialist or business administrator, or a university degree.
  • Several years of underwriting experience in commercial casualty insurance.
  • Experience developing policy conditions, concepts, and wordings.
  • Experience and confidence negotiating with brokers and intermediaries.
  • Strong understanding of processes between different distribution channels and the insurer.
  • Willingness to support sales and travel nationwide.
  • Good English skills are advantageous.
  • Very good Microsoft Office skills, especially Excel, are required.

Responsibilities

  • Take overall subject-matter responsibility for commercial casualty business as the central expert contact within the Package Profit Center, including setting its technical direction and development, fundamental decisions, underwriting framework, acceptance and underwriting guidelines, product and tariff development, wording development, and tariff calculations.
  • Provide technical leadership to employees in commercial casualty business across the Underwriting and Operations units.
  • Ensure consistent application and continuous development of the underwriting framework, processes, and acceptance and underwriting guidelines.
  • Set the strategic direction and develop commercial casualty business in line with existing sales channels.
  • Underwrite commercial casualty risks at the desk in accordance with acceptance and underwriting guidelines.
  • Provide technical oversight and develop special schemes, including reviewing wordings and calculations for defined target segments.
  • Manage and monitor the casualty portfolio with Actuarial and Business Analytics, develop and establish appropriate performance and management metrics, and derive measures to optimize the portfolio.
  • Conduct loss controlling in close collaboration with Claims Management, Actuarial, and other internal specialist departments.
  • Actively develop the market and identify and develop new business opportunities in close cross-line collaboration within the Package Profit Center.
  • Create technical specifications for IT requirements management and support implementation, including technical testing and acceptance.
  • Contribute to and lead cross-functional projects to develop the business area.
  • Provide technical support to Sales and design, prepare, and deliver product training and sales-focused technical training.

Desired Qualifications

  • Experience managing employees is advantageous.

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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