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Senior Underwriter- Marine

AIG Insurance

Dubai, UAEAED 8,000-20,000/moYesterday
UAEHR & AdminFull Time

Skills Required

ExcelErpCommunicationLeadershipCustomer ServiceLogistics

Job Description

#LI- AIGSenior Underwriter- MarineMake 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 impactTo underwrite market sell and promote all Marine products within GCC & NAThis role will be responsible for Profit and Sales for the Marine divisionprimarily within UAEResponsible for the profitable underwriting of new business production and renewal retention of Marine products for assigned territory developed through Brokers Direct Clients and Business Development Managers.What youll need to succeedQualifications & Education:Bachelors Degree. CII qualifications would be a plusExperience:Prior experience in Marine Underwriting or Broking.Training:No mandatory external trainingKnowledge:Has in-depth knowledge of the Marine Insurance industry Logistics and Global TradeSkilled in MS Word Excel Power Point and Outlook. Power BI is a plus.Job AccountabilitiesRetention and New Business DevelopmentMaintain and develop strong broker/client relationshipsRegular in person meetings with brokersConduct training sessions on AIG appetite and capabilitiesEnsure account retention rates are maintained as per company/department norms.Underwrite new and renewal business to promote premium growth within UW authority.Achieve overall production goal in collaboration with the Underwriting ManagerProvide 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 limits.Identify poor performing accounts and take remedial actions.OthersEnsure adherence to all corporate Marine Underwriting GuidelinesEnsure that all marine pricing tools are being used correctly and that all marine quotes binders and policies are issued in accordance with regulatory and corporate policies.Adhere to underwriting authority & underwriting guidelines referenced in the AIG Marine Intranet site. Ensuring that all underwriting decisions are documented in the underwriting file.Handling of all process-oriented tasks ensuring a smooth process in placeOther tasks that may be deemed necessary as per the Marine department requirements.Communication and Working RelationshipsInternalCollaborates with other team members and peer underwriters within Commercial Lines and DistributionExternalBusiness relationships with brokers/producers Clients Risk Managers Loss adjustersKey CompetenciesStrong interpersonal and communication skills both written and verbalPresentations skillsNegotiation skillsInsurance experience in direct marketsProblem-solving skills and a logical approach to workSound judgement and decisivenessAbility to work to tight deadlinesTeam playerCustomer service attitudeJoin us as a Marine Underwriter to play a key leadership role that will drive business growth.Ready to make a bigger impact We look forward to reviewing your application.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 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 inclusionWere committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through