Head of Casualty FAC Reinsurance , GCC & NA

AIG Insurance; Dubai; On-site; AED 300,000 - 450,000; Full time

Job summary

A leading insurance company in Dubai is looking for a Director to manage the Reinsurance Casualty Portfolio. This role involves overseeing all aspects of profitability and sales, maintaining strong relationships with brokers, and ensuring adherence to underwriting guidelines. Candidates should have extensive underwriting experience and a degree or relevant qualifications. The position also includes developing team capabilities and managing account retention rates.

Qualifications

• Experience in underwriting and handling Casualty Portfolio.
• Knowledge of extensive underwriting and market.

Responsibilities

• Manage the Reinsurance Casualty Portfolio across geographies.
• Maintain strong broker/client relationships and generate new business.
• Provide support and guidance for team development.

Skills

Effective analytical skills

Strong interpersonal and communication skills

Negotiation skills

Extensive underwriting experience

Strong marketing and relationship skills

Education

Degree / Insurance Qualifications

Job description

Job Purpose

The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC&NA Cluster. This role will be responsible for Profit and Sales for the Casualty division focused on Commercial General Liability, Workers Compensation/Employers Liability, Defense Base Act, Commercial Auto Product Recall, and Environment Impairment Liability. Additionally this role will also be responsible for oversight of underwriting staff portfolio management building and enhancing broker and insured relationships, training & developing current underwriting teams, hiring additional staff, maintaining profitability and development/execution of successful business plan.

Accountabilities

Portfolio Management – Ownership of Casualty Reinsurance P&L. This includes taking corrective measures on GOE NLI and acquisition costs wherever required.

Ensure adherence to Casualty Underwriting Guidelines as set forth by the Chief Underwriting Office.

Ensure all relevant tools such as Duck-Creek or equivalent raters, local rating guidelines and other guidelines set locally in support of underwriting strategy are strictly followed.

Responsible for maintaining a profitability portfolio of all Casualty lines including but not limited to CGL, WC/EL, DBA Commercial Auto Product Recall and Environment Impairment Liability.

Responsible for working with the Chief Underwriting office to develop local strategies which may deviate from global strategies.

Retention and New Business Development

Maintain strong broker/client relationships.

Generate new business from existing producers and up-sell current accounts.

Ensure account retention rates are maintained as per company/department norms.

Product and Technology

Review/refresh existing products on a 18/24-month cycle.

Innovation and development of new products or offerings on an 18/24-month cycle.

Ensure the use of technology mainly for high-volume small-ticket policies. Bring in efficiency to existing processes by using the available technologies.

Team Management

Provide all possible support and guidance to the team for both personal and professional development, including but not limited to technical development, confidence building strategies, direction and clear communication.

Ensure team performance is in line with Company/Department norms.

Ensure that the team achieves individual and company objectives.

Key Competencies

Effective analytical skills.

Strong interpersonal and communication skills both written and verbal.

Negotiation skills and the ability to influence others.

Extensive underwriting experience in direct insurance and reinsurance markets.

Strong underwriting skills with high expertise in risk evaluation and pricing.

Strong marketing and relationship skills balanced with profit-oriented goals of the department/company.

Well established contacts with clients and business producers.

Confident decision‑making skills.

Problem‑solving skills and a logical approach to work.

Self‑motivation.

Sound judgement.

Ability to work to tight deadlines.

Team player.

Customer service skills.

Qualifications / Education / Experience

Degree / Insurance Qualifications.

Experience: Experience in underwriting and handling Casualty Portfolio.

No mandatory external training required.

Knowledge: Extensive underwriting and market knowledge.

Functional Area

Underwriting.

Required Experience

Director.

Equal Opportunity and Accommodations

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 .