American International Group, Inc. (AIG) is a leading international insurance organisation serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading provid...
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Ensure Distribution core disciplines and best practices are implemented and utilized across all channels in the countries in SSA to optimize productivity and efficiency. Develop & maintain excellent relationships with Global, Independent brokers and other key distribution partners, ensuring retention of existing business and building sufficient pipeline to achieve new business numbers
Job Requirements:
Drive development of local market opportunities to exceed required performance and financial efficiency benchmarks through active management of existing channels (e.g., brokers, agents, direct marketing, bank assurance, etc.)
Deliver annual new business production and cross selling from existing clients (Complex / Corporate) in line with set objectives and in accordance with the Sales process.
Ensure retention of all Key renewals within assigned portfolios in line with Profit Centre renewal strategies.
Develop and maintain an understanding and working relationships with Global Brokers, Independent Brokers and other key distribution partners.
Identify and maintain regular contact with key business influencers with all our key distribution partners
Principle tasks
Implement long and short-term distribution business plans, objectives in alignment with EMEA Regional and Country business objectives covering SSA (SA & Kenya).
Set and achieve local distribution budget/sales targets focused on driving profitable growth and supporting both Commercial and Consumer Groups in SSA across both South Africa and Kenya.
Analyze and monitor market conditions in order to identify and develop new distribution channels, trends and customer needs.
Provide input into the risk appetite, capital management and reinsurance strategies according to local statutory solvency and profitability requirements. Ensure the highest quality service and after sales care so that Company/customer requirements are fully satisfied
Target new business and cross sell opportunities.
Coordinate monthly and quarterly meetings with Global Brokers, and Key independent Brokers and other distribution partners to ensure profitable growth.
Manage AIG’S Salesforce database for all accounts with Global Brokers.
Manage designated ad-hoc projects.
Key objectives
Optimize use of distribution channels in countries, based on profitability, while achieving adequate product, channel and diversification/long-term stability of sustainable business generation.
Ensure Distribution core disciplines and best practices are implemented and utilized across all channel in the Countries to optimize productivity and efficiency
Ensure alignment of business strategies and activities with the requirements of applicable local and international regulations and corporate guidelines.
Ensure renewal of all Key renewals within designated portfolios in accordance with Profit Centre underwriting strategies.
Achieve new business budgets.
Further strengthen & build Global Broker relationships, leveraging off our global agreements, with the support of International & EMEA and to maintain a leading Complex Segment position. Build & grow our Corporate Segment, especially High Margin lines.
Specific account targeting/ pipeline management. (Salesforce)
Enhance and assist in the development of our Client Engagement capabilities
Facilitate Client Round Tables, Thought Leadership & Industry Events
Facilitate Deal Days, Broker and Client Academies
Audit and Compliance
Ensure adherence to audit requirements
Ensure adherence to regulatory and compliance requirements
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