Address#LI-JC1
Who we are
We are a leading global insurance organisation with operations in approximately 70 countries and jurisdictions. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty.
We're also committed to making a positive difference for our people and in the communities where we work and live. It's why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off program.
Get to know the business
AIG Australia 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. AIG's General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Operating in Australia for more than 60 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.
About the Team
Consisting of underwriters across Australia, the Professional Indemnity team makes up a key component of the wider AIG Australia Financial Lines business unit. The Financial Lines function plays a major part in AIG Australia's market offering servicing clients across the entire business spectrum from SMEs to large multinational operations.
About the role
AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation, bringing to market ground-breaking insurance solutions for our changing world. AIG's underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.
In this role you will be reporting to the Head of Financial Lines, Australia and helping to contribute to the ongoing success of AIG Australia. You will contribute to the growth and profit of the Financial Lines business unit by underwriting new and renewal business, developing, and maintaining relationships with existing and new brokers, ensuring ongoing visibility of AIG in the market, and executing on agreed strategies.
What you need to know:
Key accountabilities will include but not limited to:
- Work closely with the Head of Financial Lines, Australia and CEO, Australia to support and implement marketing and distribution strategies for your assigned sector.
- Work closely with Head of Financial Lines, Australia and CEO, Australia to deliver the following, but not limited to; production reporting, renewal and new business strike rates, rate reporting, salesforce pipeline for renewal and new business, market activities, being involved in minor line profit studies.
- Ensure credit control (u/cash and aged debtors) are managed to AIG expectations.
- Lead, mentor and train Underwriters to enhance team's performance.
- Supervise the team effectively and ensure they operate within the appropriate level of authority and in accordance with company procedures.
- Perform regular quality control / audits of underwriting staff in order to validate compliance with underwriting policies, tools, procedures, and guidelines.
- Identify technical and professional development needs within team and ensure career development plans are initiated.
- Empower the team, motivate others, and champion diversity.
- Collaborate with other Practice Lead's to provide a unified AIG Financial Lines offering where relevant.
- Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.
- Keep abreast of developments in the global and local macroeconomic/geo and socio-political environment to determine their effect on current accounts and potential new business opportunities.
- Represent AIG at client and broker functions without supervision as necessary/appropriate.
- UW Referral point and UW authority holder.
What we're looking for:
- Proven experience in relevant professional experience.
- Ability to lead, train and mentor others.
- A sound understanding of the Professional Indemnity environment globally and locally.
- Proficient level expertise of MS Office suite including programming capability in the same.
- Strong ability to identify, analyse and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and prioritize and manage multiple concurrent projects.
- Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.
- Strong verbal and written communication skills.
- Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Australia Limited
