Head of FAC RI, GCC & NA

AIG Insurance; Dubai; On-site; AED 300,000 - 400,000; Full time

Job summary

An established global insurance provider seeks an experienced professional to manage its Reinsurance Casualty Portfolio in Dubai. The role involves overseeing profitability and sales in the Casualty division, maintaining relationships with brokers and clients, and ensuring adherence to underwriting guidelines. Ideal candidates should have a degree in insurance and extensive underwriting experience. Strong analytical and interpersonal communication skills are essential. The position offers an opportunity to shape local strategies and innovate product offerings while ensuring team performance aligns with company norms.

Qualifications

• Extensive underwriting and market knowledge.
• Experience in underwriting and handling Casualty Portfolio.
• No mandatory external training required.

Responsibilities

• Manage Profit and Sales for the Casualty division.
• Maintain strong broker/client relationships.
• Develop local strategies for profitability.

Skills

Analytical skills

Interpersonal and communication skills

Negotiation skills

Problem-solving skills

Customer service 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.

Qualifications & Education

• Degree/Insurance Qualifications
• Experience in underwriting and handling Casualty Portfolio
• No mandatory external training
• Extensive underwriting and market knowledge

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 but not limited to Duck-Creek or equivalent rater local rating guidelines and all 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.
• Review / refresh existing products on 18/24-month cycle.
• Innovation and development of new products or offerings on 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.
• 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 and direction clear communication etc.
• Ensure team performance is in line with Company / Department norms.
• Ensure that the team achieves individual and company objectives.
• Internal Senior Management and Referral points
• Claims adjusters
• Business development managers
• Lawyers
• Compliance officers
• Finance
• External Brokers
• Clients
• Risk Managers
• Loss adjusters

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 in balance 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.

Functional Area

UW - UnderwritingAIG MEA Limited

Required Experience

Director

Equal Opportunity Employer

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 .