Casualty Underwriter

AIG; Dubai; On-site; AED 290,000 - 420,000; Full time

Benefits offered by this job

Total Rewards Program

Job summary

AIG UAE is seeking a Casualty Underwriter to join our team. You will underwrite new and renewal casualty business, manage broker relationships, and support profitable growth within the assigned territory.

The role requires a Bachelor’s degree and territory-management experience in the insurance industry. Proficiency in MS Word, Excel, PowerPoint and Outlook is expected. We value in-person collaboration and a strong underwriting mindset.

Qualifications

• Bachelor’s degree in a relevant field.
• Territory management experience in the insurance industry.
• Negotiation and time-management training preferred.
• Thorough knowledge of property & casualty industry; proficiency with MS Office.

Responsibilities

• Maintain Casualty Underwriting Guidelines that align with corporate strategy and profitability goals.
• Underwrite new and renewal business to promote premium growth within UW authority.
• Provide sound underwriting decisions, price risks, and respond to renewal loss ratios.
• Manage broker/client relationships and generate new business from existing producers.
• Ensure casualty pricing tools are used correctly and quotes/policies are issued per regulatory and corporate policies.
• Adhere to underwriting authority and document decisions in the underwriting file.
• Track casualty accounts in UAE and keep systems updated.
• Perform process-oriented tasks to ensure a smooth workflow.

Skills

Territory management

Underwriting knowledge

Negotiation skills

Time management

MS Word, Excel, PowerPoint, Outlook

Education

Bachelor's Degree

Tools

Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Job description

Casualty Underwriter

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Casualty Underwriter to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

AIG

Casualty Underwriter

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Casualty Underwriter to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How You Will Create An Impact

• Effectively and profitability underwriter, market, sell and promote all liabilities group products.
• Responsible for the profitable underwriting of new business production and renewal retention of casualty products for assigned territory developed through Brokers, direct clients and business development managers.

What You’ll Need To Succeed

• Qualification and Education: Bachelors Degree
• Experience: Territory management experience related to the insurance industry.
• Training: Preferably completed negotiations skills and time management training.
• Knowledge: has a thorough knowledge of the property & casualty industry. Advanced skills in MS Word, excel, power point and outlook.

Job Accountabilities

• Maintain the Casualty Underwriting Guidelines that adhere to all corporate and support the strategy and profit goals of the company.
• Underwrite new and renewal business to promote premium growth within UW authority. Achieve overall production goal in collaboration with the Underwriting Manager.
• Provide sound underwriting decisions, exhibit flexibility, and price risks to achieve established profit goals for the company. Provide feedback on renewal loss ratios that exceed permissible. Identify poor performing accounts.
• Work independently to evaluate and analyze submissions, apply underwriting guidelines/business practices and make an underwriting decision.
• Maintaining broker/client relationships. Generate new business from existing producers and up-sell current accounts.
• Ensure that all casualty pricing tools are being used correctly and that all casualty quotes, binders and policies are issued in accordance with regulatory and corporate policies.
• Adhere to underwriting authority & underwriting guidelines reference in the AIG Casualty Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.
• Ensure that all underwriting directives and compliance process are followed.
• Ensure the tracking of all Casualty Accounts of AIG UAE
• Ensure timely update of eStart and other tracking tools
• Ensure timely booking of all policies
• Handling of all process oriented tasks ensuring a smooth process in place
• Other tasks that may be deemed necessary as per the Casualty requirements.

Communication and Working Relationships

Internal

• Collaborates with other team members of the Casualty department and peer underwriters within Commercial Lines.
• Develops strong interpersonal relationships with assigned countries and their employees.

External

• To foster positive business relationships with producers and clients.

Key Competencies

• Demonstrate good business management skills in planning, organizational ability, decision-making, and priority setting with superior time management skills.
• Ability to work independently, self-manages, organizes and prioritizes work with minimal direction from superiors. Perform multi tasks simultaneous and shift focus quickly.
• Ability to establish trust and effective working relationships with team, filed offices and producers.
• Integrity, image, communication skills, interpersonal skills at an established high professional level.
• Commitment to maintain and develop underwriting skills and technical knowledge.

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 what’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 security—as well as your professional development—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 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 inclusion

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 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 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.

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 [e-mail].

Functional Area

UW - Underwriting

AIG MEA Limited