Uqa Manager

Aig Malaysia Insurance Berhad; Vitória; Presencial; BRL 100.000 - 120.000; Tempo integral

Resumo da oferta

A leading insurance firm in Espírito Santo, Brazil is seeking a qualified Underwriting Quality / Audit Manager. In this role, you will ensure adherence to underwriting guidelines and conduct audits across all legal entities. Strong analytical and evaluation skills are required. The successful candidate will also provide guidance to regional teams and have a good understanding of personal insurance product lines. This position offers a dynamic work environment with significant responsibilities.

Qualificações

• Proven technical knowledge of Personal Insurance Product lines.
• Ability to provide direction to Regional and Country staff.
• Demonstrated business judgment and interpersonal skills.

Responsabilidades

• Conduct audits annually across all legal entities.
• Analyze audit findings and provide feedback.
• Meet with Regional/Product Management to discuss underwriting issues.

Conhecimentos

Fluent in written and spoken English

Excellent evaluation and analysis skills

Ability to convey strategy

Knowledge of product line underwriting guidelines

Working knowledge of regulator requirements

Demonstrated interpersonal skills

Descrição da oferta de emprego

Underwriting Quality / Audit Manager

General description of the position:

The purpose of the Underwriting Quality Manager is to determine adherence to the AIG Underwriting Control Framework. This includes adherence to the underwriting authority, underwriting guidelines, procedures and rules, AIG Corporate, AIG CUO or Product Specific standards and policies as they relate to Auto, Personal Property, SME and Service Programs Products across all legal entities.

Review underwriting quality, pricing compliance, portfolio management utilization, management controls and provide senior management with commentary on the overall underwriting, go-forward critical profitable growth plans and improved control on the legacy book and financial health of the entity being reviewed.

Leverage underwriting audits for capability assessments of operations in light of Product strategic business plans.

The Underwriting Quality Audit Manager will also provide support to the Global Head of Underwriting Audit with local industry knowledge and support training initiatives.

In addition, the Underwriting Quality Audit Manager will support the Global Product and Underwriting Governance team on project initiatives from time to time.

Major responsibilities of the position

Financial / Strategic

• Conduct audits annually across all legal entities / portfolios.
• Undertake pre‑audit work, use audit tools, discuss audit ratings and findings in wrap‑up meetings; review critical findings and recommendations with Audited Entity, Country, Regional and Global Product team; prepare reports; vet action plans.
• Continued evaluation and focus on unusual underwriting exceptions and volatile business.
• Ensure release of Reports are within benchmark timeframe.
• 10% to 20% of the role is working in conjunction with the Global Head of Underwriting Audit on various underwriting and governance related initiatives.

Operational

• Analyze audit findings and recommendations, provide Underwriting Governance and Audit and Product Management with both formal and informal feedback on capabilities, underwriting and staffing issues.
• Utilize the information to update / enhance the audit protocol, manual, grading model and processes as appropriate.
• Further assist with post‑audit actions (including collaborating with Product, IAG, ERM, CUO etc) by product / geography to maintain diligence on risk assumption and profitability through providing input into Underwriting Authority changes, buy‑backs, risk appetite and guidelines.
• Enhancing Underwriting Audit Analytics through the use of technology and data e.g. automation, AI / ML.
• Regular feedback to the Regional and Global Product staff on a quarterly basis.
• Provide feedback and input into audit guidelines, grading model and processes.
• Participation in specific projects.
• Changes to or clarification of Underwriting Authority wording, buy‑backs, risk appetite and guidelines.

Organizational

• Meet with Regional / Product Management regularly to remain current on underwriting and other product related issues.
• Foster good Underwriting Audit‑Product communication and teamwork.
• Methods include establishing regular, scheduled meetings with Product Management, participation in Product Line strategy sessions, workshops / seminars, etc.
• Ad hoc Training of Underwriters as part of the audits conducted.
• Continue to increase network of AIG contacts at all levels of management for all functional partners such as Compliance, Legal, IAD, Claims, Quality Assurance departments, ERM etc.
• Alignment of messaging from the Global perspective to the field.
• Exposing and training the field where applicable on audit findings.

Specific Requirements / Skills to Exhibit

• Fluent in written and spoken English.
• Additional language capability is a strong plus.
• Proven and indisputable technical knowledge of Personal Insurance Product lines.
• Excellent evaluation and analysis skills, including auditing skills.
• Ability to provide direction and convey strategy of Global Home Office, Underwriting Audit and Underwriting Governance to Regional and Country staff.
• Excellent knowledge of product line underwriting guidelines, risk appetite, tools, processes, management controls and pricing methodologies, including the ability to train this knowledge to others.
• Working knowledge of regulator requirements.
• Working knowledge of the actuarial function (e.g. reserving, DAC accounting, development of experience and statistical rating - aka rate reviews) and the business analytics area.
• Technical knowledge of data capture processes, coding guidelines; working knowledge of systems infrastructure in AIG.
• Demonstrated report writing, time management and analytical skills.
• Demonstrated business judgement and interpersonal skills, as well as the ability to work independently or as part of a team.
• Ability to travel extensively and maintain scheduled delivery of tasks.