D&O Manager, Italy

American International Group, Inc.; Lombardia; Hybrid; EUR 120,000 - 180,000; Full time

Benefits offered by this job

Total rewards program

In-office culture

Job summary

American International Group, Inc. in Milano seeks an experienced D&O Manager to lead underwriting teams, execute profitability plans, and drive new business opportunities for Financial Lines in Italy.

The role requires strong leadership, strategic thinking, and the ability to manage multiple priorities in a dynamic environment. You will report to the Underwriting function and work primarily in the office.

Qualifications

• Experience leading underwriting teams with a focus on profitability.
• Strong written and spoken English; Italian language skills advantageous.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Manage underwriters directly, monitoring progress on goals and objectives.
• Achieve production goals including profitability; manage monthly production.
• Drive facility and program new business opportunities.
• Track monthly, quarterly, and annual metrics (GPW, NPW, rate, new business, lost business).
• Implement FL underwriting strategy for Italy as provided by PCM.
• Develop Financial Lines MLC underwriting strategy for profitable growth.
• Ensure underwriters act within set decision making standards and authority.
• Maintain a pipeline of products for development or updating.
• Implement regional and global products promptly.
• Ensure timely reporting of estimate performance.
• Ensure regulatory and risk management responsibilities are met.
• Retain talent through development, mentoring, and career guidance.
• Develop a clear sales and marketing plan for growth lines.
• Review underwriting processes for operational efficiencies.
• Build relationships with key brokers; grow alternative sources of business.
• Advocate underwriting excellence with tools like Raters and AQI.

Skills

Leadership experience

Executive communication

Stakeholder management

Underwriting knowledge

Problem solving

Education

Experience in underwriting management

Tools

Underwriting systems

Job description

D&O Manager, Italy### D&O Manager, ItalyApply: Milano: Full time: Posted Today: JR2604515**D&O Manager****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.**The responsibilities for this role include:** •Manage underwriters directly, monitoring progress on goals and objectives •Achieve production goals including profitability. Manage monthly production process •Drive facility and program new business opportunities •Track monthly, quarterly, and annual metrics, including, but not limited to: GPW, NPW, rate, new business, lost business and submissions. •Ensure FL underwriting strategy provided by PCM is implemented in line with what required for Italy •Develop Financial Lines MLC Underwriting strategy to achieve a profitable growing portfolio that matches customer demand, including channel and go-to-market strategy •Ensure that underwriters act within agreed decision making standards, limitations, and underwriting authority •Ensure an effective referral process for accounts •Maintain a pipeline of products for development or updating. Be aware of changes in laws pertains to insurance and/or potential relevant profit centre products. •Implement all regional and global products that impact his line of business in a timely manner • Ensure timely reporting of estimate performance • Ensure compliance with key regulatory and risk management responsibilities • Retain talented people by creating opportunities for personal development of underwriters; ensuring training of underwriters; and providing mentoring and career guidance as necessary. • Develop a clear sales and marketing plan for key growth lines of business • Constantly review underwriting processes to achieve operational efficiencies • Build key relationships with all key brokers • Implement and grow alternative sources of business • Ensure Underwriting Excellence is used and accurate (Raters, Peer Reviews, AQI etc)**What we’re looking for:** • Excellent oral and written communication skills. Excellent verbal, written and presentation skills are essential • Ability to deal well with ambiguity, conflict and difficult situations. • Ability to juggle multiple priorities and deal with change in a pro-active and positive manner. • Solid leadership and or managerial experience with the ability to make decisions • Demonstrated ability to work in a fast passed and dynamic environment • Excellent interpersonal skills with ability to build relationships at all levelsAt 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 what’s 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 security—as well as your professional development—to 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 world’s 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**We’re committed to creating a culture that truly respects and celebrates each other’s 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 AIG’s 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 [e-mail] Area:UW - UnderwritingAIG Europe S.A.- General Representative for Italy