Underwriter, Casualty

American International Group; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

AIG is seeking an Underwriter to contribute to the growth of its Casualty business in Singapore. Responsibilities include underwriting new and renewal business, assessing risks, and building relationships with agents. This is an opportunity for professionals with relevant experience or transferable skills to step into the underwriting field.

Qualifications

• Underwriting experience preferred but transferable skills accepted.
• Strong analytical skills and ability to assess financial statements.
• Desire to build relationships within the company and with brokers.

Responsibilities

• Underwrite new and renewal business to drive profitable growth.
• Assess risk desirability through broker contact and claims review.
• Manage existing portfolio service and business referrals.

Skills

Analytical

Communication

Networking

Organizational skills

Time management

Customer-oriented

Proactive

Job description

This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance – or this could be your entry into underwriting if you have transferable skills.

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

This role will focus on underwriting new and renewal business to help drive the profitable growth of our Casualty business across WICA, Public/Products Liability, Environmental Liability, and Crisis/Recall via the Agency channel.

You will be responsible for assessing the desirability of risk through regular contact with brokers, close coordination with AIG subject matter experts, and robust reviews of claims history and general company information.

Strive to meet profit center and personal new business budget targets.

You will be involved in day-to-day servicing of existing portfolio – both renewals and new business.

Manage referrals to management to support underwriting decisions and actions.

Develop and maintain relationships with Agents.

Identify business opportunities and convert ideas to reality through product development and enhancement.

Partner with internal stakeholders - Actuarial, Claims, etc. on complex risks and to achieve corporate objectives.

Enhance and build on AIG's standing and profile in the market.

Another key aspect of the role is the provision of accurate monthly management information including submissions, bind rate, average premium, and total premium.

What you’ll need to succeed

• Underwriting experience is preferred; however, you are welcome to apply if you have other relevant professional experience.
• Desire to develop and foster relationships both within the company and with producers.
• The ability to analyze financial statements and data to make accurate assessments of risk.
• Analytical individual with strong business acumen.
• Strong communication, networking, and relationship-building skills.
• Good organizational and time management skills.
• Customer and sales-oriented behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.
• Self-motivated and able to use initiative to resolve issues.
• Ability to maintain a flexible approach in a changing work environment.

Ready to prove your potential? We would love to hear from you.

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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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities, and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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].