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Casualty Underwriter, FAC Reinsurance
AIG Insurance
Dubai, UAEAED 4,000-10,000/moToday
UAEFinance & AccountingFull Time
Skills Required
ExcelErpCommunication
Job Description
Job Description- Casualty Underwriter FAC ReinsuranceAt AIG we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter Casualty to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.Make your mark in UnderwritingAIG 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 impactEffectively and profitable underwrite market sell and promote all Liabilities Group products.Responsible for the profitable underwriting of new business production and renewal retention of Casualty products for assigned territory developed through Brokers Direct Clients and Business Development Managers.What youll need to succeedQualifications and Education: Bachelors DegreeExperience: Territory management experience related to the insurance industryTraining: Preferably completed negotiations skills and time management trainingKnowledge: Has a thorough knowledge of the Property & Casualty industry. Advanced skills in MS Word Excel Power Point and Outlook.Job AccountabilitiesLead EIL strategies for GCC&NA and ensure successful implementation of business plan including achieving budget marketing and profitable underwriting.Achieve new business and retention targets for Africa geography.Provide sound underwriting decisions exhibit flexibility and price risks to achieve established profit goals for the company. Provide feedback on renewal loss ratios that exceed permissible. Identify poor performing accounts.Work independently to evaluate and analyze submissions apply underwriting guidelines/business practices and make an underwriting decision.Maintaining broker/client relationships. Generate new business from existing producers and up-sell current accounts.Ensure that all casualty pricing tools are being used correctly and that all casualty quotes binders and policies are issued in accordance with regulatory and corporate policies.Adhere to underwriting authority & underwriting guidelines reference in the AIG Casualty Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.Ensure the tracking of all Casualty Accounts of AIG UAEEnsure timely update of eStart and other tracking toolsEnsure timely booking of all policiesOther tasks that may be deemed necessary as per the Casualty requirements.Communication and Working RelationshipsInternalCollaborates with other team members of the Casualty department and peer under writers within Commercial Lines.Develops strong interpersonal relationships with assigned countries and their employees.ExternalTo foster positive business relationships with producers and clients.Key CompetenciesDemonstrate good business management skills in planning organizational ability decision-making and priority setting with superior time management skills.Ability to work independently self-manages organizes and prioritizes work with minimal direction from superiors. Perform multi tasks simultaneous and shift focus quickly.Ability to establish trust and effective working relationships with team filed offices and producers.Integrity image communication skills interpersonal skills at an established high professional level.Commitment to maintain and develop underwriting skills and technical knowledge.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 mattersAt AIG our people are our greatest asset. We know how important it is to protect and invest in whats 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 securityas well as your professional developmentto bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds 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 ne
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