Underwriter Fac Reinsurance Gcc & North Africa

Dubai, United Arab Emirates

Job Description

#LI- AIG Driving NPW and bottom-line growth and profitability through underwriting excellence. Managing the renewals of the Cyber & Tech PI portfolio to ensure budgeted retention is met as well as underwriting excellence.

The underwriting authority granted will be in line with complexity of risks faced.

The position also requires tangible business development, Broker relationship management, and underwriting training to more junior team members.

2. Minimum Qualifications/Education/Experience/Knowledge

Qualifications & Education: Graduate level degree in business, law, economics or insurance. Experience: Cyber Underwriting experience Training: Financial Lines University, CII & CISSP Knowledge: Local Market (Direct & RI) Cyber Security foundational understanding

3. Job Accountabilities

Technical Underwriting

Underwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss control, claims history and all other appropriate risk management factors.

Risk logging, worksheets and rater tool application.

Provide technical underwriting guidance to junior underwriters as directed by Profit Centre Manager.

Ensure adherence with all underwriting guidelines, ART and referrals.

Perform and interpret financial analysis of companies and their on-going performance. Portfolio Management.

Cooperate with Sales & Marketing for the Development of market relationships leading to an increased level of new business and high retention ratios.

Assist with the refinement of product offering for certain client segments. Business Development and Retention

Keep abreast of market changes and trends.

Proactively engage with distribution to provide technical support for Branch business development initiatives.

Seek opportunities to improve synergies and participate in cross-sell initiatives with other Profit Centres.

Develop and maintain strong personal and professional relationships with Clients & brokers

Represent AIG in a general and Financial Lines capacity where appropriate. Business Operations

Adhere to internal SLAaEUR(TM)s to ensure operational efficiency and achievement of agreed customer service standards. Audit and Compliance

Ensure adherence to audit requirements within own files.

Ensure adherence to regulatory and compliance requirements within own files. Expense Control

Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes. 4. Communication and Working Relationships

Internal Accounting and Finance, Marketing, BC&E, Distribution, CPS, Compliance, Claims Department External Insurance Brokers, Law Firms, Loss Adjusters

5. Key Competencies

Dealing with ambiguity.

Customer focus.

Negotiating.

Drive for results.

Presentation skills.

Business acumen.

Problem solving.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters At AIG, our people are our greatest asset. We know how important it is to protect and invest in whataEUR(TM)s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial securityaEUR"as well as your professional developmentaEUR"to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worldaEUR(TM)s most far-reaching property casualty networks. It is an exciting time to join us aEUR" across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion WeaEUR(TM)re committed to creating a culture that truly respects and celebrates each otheraEUR(TM)s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGaEUR(TM)s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to .

Functional Area:UW - Underwriting

AIG MEA Limited

JR2505549

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Job Detail

  • Job Id
    JD2164535
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned