Underwriter/Senior Underwriter, Casualty

AIG Asia Pacific Insurance Pte Ltd; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

AIG Asia Pacific Insurance Pte. Ltd. in Singapore is seeking an Underwriter/Senior Underwriter in Casualty to contribute to profitable growth.

You will underwrite new and renewal business across Public/Products Liability, WICA, Environmental Impairment Liability, and Product Recall via Brokers; manage broker relationships; and contribute to monthly management information and broker strategy. You will build and maintain a strong broker network, collaborate with internal experts, and strive to

Qualifications

• Experience underwriting Casualty products and dealing with Brokers channel.
• Strong network in the local Casualty space.
• Ability to analyze financial statements.
• Strong communication and relationship-building skills.
• Good organizational and time-management abilities.
• Customer and Sales-oriented mindset.

Responsibilities

• Underwrite new and renewal business to drive profitable growth in Casualty.
• Meet profit center and personal new business targets.
• Assess risk desirability via broker contact and reviews of claims history and company information.
• Manage a personal broker portfolio and participate in broker strategy and pipelining.
• Expand broker network and generate new business through broker events and relationships.
• Collaborate with internal stakeholders (e.g., Actuarial, Claims) on complex risks.
• Contribute to Singapore and APAC projects as needed.
• Identify opportunities and drive product development and enhancements.
• Enhance AIG's standing and profile in the market.
• Provide accurate monthly management information including submissions, bind rate, and total premium.

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter/Senior Underwriter in Casualty to 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, 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

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

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

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

• You will be servicing a personal portfolio of accounts and be involved in broker strategy setting and pipelining.

• Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager.

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

• Contribute to Singapore and APAC projects when necessary.

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

• 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

• Experience in underwriting Casualty products and dealing with Brokers channel.

• Strong network in the local Casualty space.

• The ability to analyze financial statements.

• 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.

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 Asia Pacific Insurance Pte. Ltd.