Casualty Underwriter - FAC Reinsurance GCC&NA

AIG; Dubai; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading insurance firm in Dubai seeks a Casualty Underwriter to underwrite and promote liability products effectively. The role involves maintaining strong relationships with brokers and clients and ensuring compliance with underwriting guidelines. Candidates should hold a Bachelor's Degree and have experience in the insurance industry, particularly in territory management. Strong negotiation, time management, and interpersonal skills are required. AIG offers a comprehensive benefits package and values in-person collaboration.

Benefits

Comprehensive benefits package

Professional development opportunities

Qualifications

• Experience in field territory management related to the insurance industry.
• Thorough knowledge of the Property & Casualty industry.
• Ability to maintain and develop underwriting skills and technical knowledge.

Responsibilities

• Underwrite new and renewal business to promote premium growth.
• Collaborate with underwriters and maintain broker/client relationships.
• Document all underwriting decisions and adhere to compliance processes.

Skills

Negotiation skills

Time management skills

Interpersonal skills

Business management

Education

Bachelor’s Degree

Tools

MS Word

MS Excel

Power Point

Outlook

Job description

#LI- AIG

Casualty Underwriter- FAC Reinsurance, GCC & North Africa

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Casualty UW- FAC RI, GCCNA 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 Distribution

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 profitable underwrite, 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.

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.

What you’ll need to succeed

• Minimum Qualifications / Education / Experience / Knowledge
  • Qualifications and Education: Bachelor’s Degree
  • Experience in field territory management experience related to the insurance industry
  • Preferred training: Negotiation 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

1. Maintain the Casualty Underwriting Guidelines that adhere to all corporate and support the strategy and profit goals of the company.

2. Underwrite new and renewal business to promote premium growth within UW authority. Achieve overall production goal in collaboration with the Underwriting Manager.

3. 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.

4. Work independently to evaluate and analyze submissions, apply underwriting guidelines / business practices and make an underwriting decision.

5. Maintaining broker / client relationships. Generate new business from existing producers and up-sell current accounts.

6. 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.

7. Adhere to underwriting authority & underwriting guidelines reference in the AIG Casualty Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.

8. Ensure that all underwriting directives and compliance process are followed.

9. Ensure the tracking of all Casualty Accounts of AIG UAE

10. Ensure timely update of eStart and other tracking tools

11. Ensure timely booking of all policies

12. Handling of all process oriented tasks ensuring a smooth process in place

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, field 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.

Ready to take your career to the next level? We would love to hear from you.

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.

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