Underwriter - DO and FI

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AIG South Africa
Johannesburg
ZAR 30 000 - 70 000
Be among the first applicants.
2 days ago
Job description

Assist in underwriting D&O and FI risks within underwriting limits under the guidance of Product Heads. Manage assigned accounts to ensure efficient document workflow in line with operational procedures.

Make your mark in Underwriting

AIG underwriting teams help 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 manage risk, transforming our operating model and reshaping our roles, responsibilities, and career pathways. Our goal is to unlock the full potential of each colleague, empowering our people to grow as insurance professionals and add value to our customers and AIG.

How you will create an impact

  • This role focuses on underwriting new and renewal business to drive the profitable growth of our D&O and FI portfolios.
  • Ensure adherence to all underwriting guidelines and referral processes.
  • Understand and analyze financial institutions risks.
  • Perform and interpret financial analysis of company performance.
  • Assess risk desirability through regular contact with brokers, collaboration with AIG subject matter experts, and review of claims history and company information.
  • Build and maintain strong relationships with brokers by providing excellent, timely, and proactive service, and expanding the broker network through events and outreach, aligned with managerial sales plans.
  • Provide accurate monthly management information, including submissions, bind rate, average premium, and total premium.

Business Operations

  • Adhere to internal SLAs to ensure operational efficiency and meet customer service standards.

Audit and Compliance

Ensure compliance with audit, regulatory, and legal requirements.

What you'll need to succeed

  • Experience in underwriting is preferred; relevant professional experience in related fields is also acceptable.
  • Ability to analyze financial statements.
  • Strong communication, networking, and relationship-building skills.
  • Excellent organizational and time management skills.
  • Customer-focused and sales-oriented behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.

AIGLI

At AIG, we value in-person collaboration, which is why team members are primarily in the office. This approach fosters effective teamwork and a supportive environment for our staff and clients.

Enjoy benefits that take care of what matters

Our Total Rewards Program offers comprehensive benefits focused on health, wellbeing, financial security, and professional development, supporting you and your family.

Reimagining insurance to make a bigger difference in the world

As a global leader in insurance solutions, AIG is innovating to deliver better solutions to our customers. We support individuals, businesses, and communities in managing risks, responding to uncertainty, and exploring new opportunities. We invest in our people through continuous learning and a culture that celebrates diversity and inclusion.

Welcome to a culture of belonging

We are committed to a culture that respects and celebrates talents, backgrounds, cultures, opinions, and goals. We promote inclusion through learning, cultural awareness activities, and Employee Resource Groups (ERGs). Our commitment has been recognized with numerous 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 other protected categories.

We work to accommodate employees with disabilities; please contact us via email if you require reasonable accommodations.

Preference is given to candidates from previously disadvantaged backgrounds, in line with our Employment Equity Plan, especially those with disabilities.

Functional Area : UW Underwriting

AIG South Africa

Key Skills

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