Underwriter - Business Package

AIG Shared Services (M) Sdn Bhd; Kuala Lumpur; On-site; MYR 72,000 - 100,000; Full time

Benefits offered by this job

Total Rewards Program

Professional development and training

Job summary

AIG Shared Services (M) Sdn Bhd is seeking an Underwriter for Business Package in Malaysia. You will support underwriting, governance, portfolio management, and stakeholder collaboration to achieve top- and bottom-line results.

The role emphasizes in-person collaboration in the office, with opportunities to contribute to product development and training programs, while supporting audits and process improvements. AIG offers a Total Rewards Program and development-focused environment.

Qualifications

• 2+ years of proven experience in the insurance industry, specifically Commercial Insurance.
• Experience in Fire and Property underwriting is preferred.
• Excellent communication and relationship-building skills.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.

Responsibilities

• Underwriting new and renewal business to drive profitable growth.
• Assess risk desirability through intermediaries and claims history reviews.
• Adhere to Underwriting Authority framework and delegation of authority.
• Support audits and implement action plans with stakeholders.
• Assist in product development and underwriting training programs.
• Support underwriting processes, including system enhancements and UAT.
• Provide accurate monthly management information (submissions, bind rate, premiums).

Skills

Underwriting experience

Communication skills

Time management

Team collaboration

Education

ACII/AMII (advantage)

Tools

User Acceptance Testing (UAT)

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter - Business Packageto 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.

About the role

What you need to know

We are looking for a candidate who will support the department and be responsible within the underwriting function of Business Package within Malaysia with ownership of key outcomes, that includes the support of underwriting, governance, portfolio management, and working the eco-system from managing stakeholders to implementing processes to achieve the desired top and bottom-line results. Key focus areas are:

• Underwriting new and renewal business to help drive the profitable growth of the department
• Assessing the desirability of risk through regular contact with intermediaries, close co-ordination with AIG subject matter experts and robust reviews of claims history and general company information
• Apply and adhere to framework of Underwriting Authority and operate within the delegation of authority
• Ensure compliance to peer reviews and support all relevant audits. Jointly develop and support implementation of action plans with key stakeholders based on audit recommendations and findings
• Support the development of new products and/or product enhancements
• Support the development of Product and Underwriting training programs
• Support the operational execution of the underwriting process, including managing system enhancements, perform User Acceptance Testing (UAT) and fulfillment process
• Provide accurate monthly management information including submissions, bind rate, average premium, and total premium

What you’ll need to succeed

• Two plus years of proven experience in insurance preferably in Fire and Property underwriting however, you are welcome to apply if you have other relevant professional experience
• Highly collaborative approach across functions and flexible in working independently and within a team
• Strong communication, networking and relationship building skills
• Good organizational and time management skills
• Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable

What we’re looking for:

Requirements:

• AMII or ACII (Added advantage)
• Knowledge required: (e.g. Problem solving, Decision making, Analytical, Communication, Initiative)
• 2 years + in the insurance industry specifically Commercial Insurance

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 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 @aig.com .

Functional Area

UW - UnderwritingAIG Malaysia Insurance Berhad