Property UW- FAC Reinsurance, GCC & NA

AIG Insurance; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading global insurance provider is seeking a Commercial Property Underwriter in Dubai. The role involves managing a renewal portfolio, securing new business, and educating the community on insurance products. Candidates should have extensive knowledge of underwriting and strong analytical skills. AIG offers a supportive work environment and comprehensive benefits to invest in employees' well-being.

Benefits

Comprehensive benefits package

Professional development opportunities

Qualifications

• Experience in Commercial Property underwriting and Insurance industry knowledge.
• No mandatory external training but includes internal & external training related to job requirements.
• Extensive underwriting market knowledge.

Responsibilities

• Manage existing renewal portfolio and secure new business accounts.
• Achieve budgeted production and profitability targets.
• Educate local community on property products.
• Maintain compliance with legal and regulatory standards.
• Report on budget metrics and prepare forecasts.
• Conduct engineering surveys focusing on risks.

Skills

Effective analytical skills

Strong interpersonal and communication skills

Negotiation skills

Extensive underwriting experience

Strong marketing and relationship skills

Confident decision-making skills

Problem-solving skills

Customer service skills

Education

University Degree / CII diploma

Job description

Commercial Property Underwriter

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

• Manage existing renewal portfolio and secure new business accounts regular market visits to ensure good submission flow.
• Achieve budgeted top line production and bottom line results ensuring target growth profitability and account retention is achieved via taking sound underwriting decisions on daily basis.
• Educate local business community on property products and presentations and seminars for clients.
• Maintain awareness of legal and regulatory environment to ensure underwriting compliance complete all mandatory AIG training courses; ensure knowledge on regulatory developments is up to date.
• Report on budget metrics and prepare forecasts on future periods keep accurate track of production and various performance parameters.
• Keep up-to-date of market changes and trends and develop strong personal and professional relationships with clients and brokers regular market / producer meetings attend industry events/ seminars etc.
• Portfolio analysis
• Contributing to the development of expertise and knowledge of the team members especially the new and junior underwriters from different regions
• Participating in an active way to maintain a good team spirit and motivated staff.
• Facultative Reinsurance placement as applicable and when needed
• Liaising with Accounting and Claims department by providing required information and participate in the relevant meetings
• Taking active part in presentations seminars and internal technical trainings.
• Conducting regularly engineering surveys with our risk engineers focusing on the large/complex and medium/high hazard risks.

What youll need to succeed

Qualifications & Education:

University Degree/ CII diploma would be a plus as well.

Experience:

Experience in CP underwriting and Insurance industry knowledge

Training:

No mandatory external training but would include internal & external training related to the job requirements

Knowledge:

Extensive underwriting market knowledge

Communication and Working Relationships

Internal

• Senior Management and Referral points
• Field & Account Engineers
• Claims adjusters
• Business development managers
• Compliance officers
• Finance

External

• Clients
• Brokers
• Cedents

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.

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 whats 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 securityas well as your professional developmentto 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 worlds 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

Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .

Functional Area:

UW - UnderwritingAIG MEA Limited