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AIG Director & Officers (D&O) Underwriter (Financial Lines) in Makati City, Philippines

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

Your future teamAIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.

Your contribution at AIGAs a contributor at AIG you are the one the clients turn to in times of need. You act with speed, composure, compassion and knowledge to solve problems and the work you do every day is the heart of AIG’s business. Provide support to Underwriters and ensure exceptional customer service to both internal and external parties through a range of service functions as allocated. Consistently meet service levels and performance targets in terms of volume, accuracy and quality.

About the role: Key Responsibilities

Financial:

  • Meet individual underwriting expectations/targets to help team achieve budgeted financial objectives

Business Process:

  • Underwrite new and renewal business in accordance with underwriting guidelines, relevant underwriting authority and AIG principles

  • Develop a pipeline of new business and manage existing relationships to maximize value

  • Identify target accounts, and monitor progress against budget by utilising appropriate reports and tools (such as Pipeline Report, Hit Rate report, Web Reports, Renewal Register etc.)

  • Properly use the designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre. Input required data consistently and accurately.

  • Provide support to our broker network in relation to assigned Financial Lines product

  • Maintain accurate files, registers and records to contribute to management reporting and timely service and policy issuance

  • Assist in the implementation of business plans in accordance with Financial Lines and company direction

  • Assist in training and mentoring of junior underwriters to increase their product knowledge, to help them gain underwriting authority

Customer and Sales:

  • Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting.

  • Exhibit sales orientated behaviors, defined by Management as: motivated, tenacious, focused, technically skilled, proactive, and accountable.;

  • Generate new business by expanding broker network, attending broker events, and building new relationships across the market.;

  • Provide training to brokers on FL products as required either on one – to – one basis or as group presentation.;

  • Provide support to broker by attending client meetings or providing client presentations as required.;

  • Work with PCM and team to execute sales plan in identification of brokers and products to target.;

  • Take responsibility for meeting individual new business targets set by PCM on assigned FL Product;

  • Take responsibility for individual allocation of renewals.

    People:

  • Liaise with Client Policy Servicing Team as policy and/or booking issues arise.

  • Build relationships with brokers by attending and organizing regular broker events.; Ensure all brokers and clients are treated fairly.;

  • Ensure customer-centric approach.

    Reporting/Compliance/Technical:

  • Progress towards achieving minimum competency level as required and within the necessary timeframe.;

  • Gain an understanding of relevant legislation, policy coverage, insurance program structures, risk management etc.;

  • Conduct peer reviews as required.

  • Ensure compliance with key regulatory and risk management responsibilities.

What we’re looking for:

  • Prior Financial Lines experience. Ideally, some underwriting experience is desired; other relevant professional experience may substitute for underwriting experience

  • Technical Knowledge on Directors & Officers (D&O) or Management Liability Underwriting is a must/minimum requirement

  • Strong communication and presentation skills

  • Strong interpersonal skills and team-spirited approach

  • Time management - ability to handle multiple priorities, organize work and meet deadlines

  • Strong analytical and technical skills

  • Ability to network and build relationships

  • Organizational skills

  • Customer and sales focused

  • Tenacious, motivated, proactive

We are an Equal Opportunity EmployerIt has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.

At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

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 candidatecare@aig.com .

Functional Area:

UW - Underwriting

AIG Philippines Insurance Inc

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