Senior Commercial Property Underwriter – FAC RI

AIG MEA Limited; Dubai; Sur place; AED 400 000 - 600 000; Plein temps

Résumé du poste

AIG MEA Limited in Dubai invites a Senior Commercial Property Underwriter to join our regional team. You will assess complex property risks, set terms and conditions, and support portfolio performance.

The ideal candidate has a Master or Bachelor in Engineering Management or Business Management, CP underwriting experience, insurance knowledge, and claims exposure, with strong collaboration and stakeholder engagement.

Qualifications

• Master or Bachelor degree in Engineering Management or Business Management.
• Experience in CP underwriting and Insurance industry knowledge.
• Claims experience and understanding of underwriting markets.

Responsabilités

• Manage existing renewal portfolio and secure new business accounts; maintain strong client relationships.
• Achieve budgeted top-line and bottom-line results through sound underwriting decisions.
• Educate local business community on property products and present seminars for clients.
• Maintain awareness of legal and regulatory environment; complete mandatory trainings.
• Report on budget metrics and forecast future periods with accurate production tracking.
• Keep abreast of market changes and trends; build relationships with clients and brokers through regular meetings and events.
• Coordinate with Accounting and Claims departments; provide information for meetings.
• Participate in presentations, seminars and internal technical trainings.
• Conduct regular engineering surveys with risk engineers focusing on large/complex exposures.

Connaissances

Underwriting knowledge

Portfolio management

Client relations

Formation

Master/Bachelor in Engineering Management or Business Management

Description du poste

#LI- AIG Senior Commercial Property Underwriter – FAC RI

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Commercial Property Underwriter- FAC RI 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

Commercial Property underwriters assess and evaluate risks and decide on the appropriate insurance terms and conditions to cover such exposure and their impact on the broader portfolio performance. The position also mandates close interaction with PCM and regional heads for the purpose of making portfolio level decisions when it comes to strategies/initiatives, pricing, occupancy mix, underwriting tools and guidelines. The job involves working closely with actuaries, engineers, brokers, cedants and claims managers in order to:

• Price risks appropriately, build a diverse profitable portfolio with a large customer base, understand exposure to control volatility and contribute to the department’s and company’s overall financial targets.

What you’ll need to succeed

Qualifications and Education:

• Master/Bachelor degree in Engineering management or business management.

Experience:

• Experience in CP underwriting, Insurance industry knowledge, Claims Experience.

Training:

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

Knowledge:

• Extensive underwriting market knowledge, and Claims Experience.

Job Accountabilities 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 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