Senior Underwriter

7 days ago


Johannesburg, Gauteng, South Africa AIG Full time

PURPOSE OF THE ROLE:

Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.

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

Play an active role in the development and negotiation and sign off of large programs by motivating limits and policy structures where referral is required.

Prove technical underwriting guidance to junior underwriters as directed by Profit Centre manager
Ensure adherence with all underwriting guidelines and referrals

Portfolio Management


Manage allocated portfolio accounts in profitable and sustainable growth, constantly assessing overall performance of the portfolio and make recommendations for adjustments to the Profit Centre Manager as needed.

Provide accurate estimates and reports as required

Business Development and Retention

Keep abreast of market changes and trends
Proactively engage with BMC's 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 and brokers
Represent AIG on industry bodies and professional associations and organizations

Business Operations

Adhere to internal SLA's to ensure operational efficiency and achievement of agreed customer service standards

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

Audit and Compliance

Ensure adherence to audit requirements
Ensure adherence to regulatory and compliance requirements

LI-AIG

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 world's most far-reaching property casualty networks.

It is an exciting time to join us — 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 belonging

We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals.

We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

With global chapters, ERGs are a cornerstone for our culture of inclusion.

The diversity of our people is one of AIG'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.


Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided:
No

AIG South Africa
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