Senior Underwriter, Financial Lines & Casualty

aig; Auckland; On-site; NZD 120,000 - 160,000; Full time

Benefits offered by this job

Total Rewards Program

In-office collaboration

Professional development

Job summary

AIG Auckland seeks a Senior Underwriter with expertise in Complex Financial Lines and Casualty to lead underwriting for corporate accounts in New Zealand.

You will collaborate with brokers, support junior underwriters, and ensure adherence to guidelines while driving growth and profitability for Financial Lines across NZ.

Qualifications

• Graduate level degree in business, economics, insurance or marketing.
• Insurance qualifications (ANZIIF or CII).
• Proven experience in the Financial Lines Insurance business.
• Insurance industry knowledge, regulations & codes.
• High performing mindset with a passion for improvement and development.
• Skillset: Marketing relationships, Strategic planning, Accountability, Budgeting, Business acumen, Business development, Competitive analysis, Conducting presentations, Decision making, Distribution management.

Responsibilities

• Developing and executing strategies for the teams’ products to ensure targets are met through sustainable underwriting.
• Jointly responsible for executing the Financial Lines business plans and budgets and carry out the appropriate functions within the business.
• Provide accurate reports as required Business Development and Retention.
• Lead strategic initiatives designed to achieve efficiency in processes and create a target operating model that optimizes resources and revenue generation.
• Underwriting standalone Corporate accounts, both for renewal and new business within authorities granted and in accordance with profit centre guidelines.
• Establish/Maintain strong customer/industry relationships including brokers, indigenous and international broker firms.
• Assist with roll out of new products and initiatives; service clients and brokers across New Zealand; present to clients/brokers as needed.

Skills

Marketing relationships

Strategic planning

Accountability

Budgeting

Business acumen

Business development

Competitive analysis

Conducting presentations

Decision making

Distribution management

Education

Graduate degree in business, economics, insurance or marketing

ANZIIF or CII qualification

Job description

#LI-JC1

This Senior Underwriter role will be an ideal next step in your career if you already have some relevant experience in Complex Financial Lines and Casualty Underwriting.

Make your mark in Financial Lines and Casualty

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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

The role will report to the Corporate Manager of Financial Lines and will be responsible for contributing to the Corporate Team in achieving Financial, Strategic and Operational Goals. You will be engaging major brokers in servicing individual corporate accounts and complex placements. You will also be responsible for contributing to training junior underwriters and ensuring adherence to underwriting guidelines and best practices.

Key accountabilities will include but not limited to:

• Developing and executing strategies for the teams’ products to ensure targets are met through sustainable underwriting.
• Jointly responsible for executing the Financial Lines business plans and budgets and carry out the appropriate functions within the business.
• Provide accurate reports as required Business Development and Retention
• Lead strategic initiatives designed to achieve efficiency in processes and create a target operating model that optimizes the resources and revenue generation.
• Underwriting standalone Corporate accounts, both for renewal and new business within authorities granted and in accordance with profit centre guidelines.
• Establish/Maintain strong customer/industry relationships including:
  • Broker relationships with indigenous and international broking firms.
  • Assisting with the roll out of new products and initiatives.
  • Service clients and brokers across New Zealand.
  • Undertake presentation to clients and/or brokers where required, including product specific training and pitching for business

• Attain appropriate levels of expertise in all product lines including changes and developments.
• Seek opportunities to improve synergies and participate in cross-sell initiatives within the Profit Centre and with other Profit Centers
• Keep up to date of market changes

What you’ll need to succeed:

• Graduate level degree in business, economics, insurance or marketing.
• Insurance qualifications (ANZIIF or CII)
• Proven experience in the Financial Lines Insurance business
• Insurance industry knowledge, regulations & codes
• High performing mindset with a passion for improvement and development
• Skillset: Marketing Relationship, Strategic Planning, Accountability, Budgeting, Business Acumen, Business Development, Competitive Analysis, Conducting Presentations, Decision making, Distribution Management

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 [e-mail].