Senior Underwriter - Commercial Property at AIG

PURPOSE OF THE ROLE:

Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.

Technical Underwriting

• Underwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss control, claims history and all other appropriate risk management factors
• Play an active role in the development and negotiation and sign off of large programs by motivating limits and policy structures where referral is required.
• Prove technical underwriting guidance to junior underwriters as directed by Profit Centre manager
• Ensure adherence with all underwriting guidelines and referrals

Portfolio Management

• Manage allocated portfolio accounts in profitable and sustainable growth, constantly assessing overall performance of the portfolio and make recommendations for adjustments to the Profit Centre Manager as needed.
• Provide accurate estimates and reports as required

Business Development and Retention

• Keep abreast of market changes and trends
• Proactively engage with BMC’s to provide technical support for Branch business development initiatives
• Seek opportunities to improve synergies and participate in cross-sell initiatives with other profit Centres
• Develop and maintain strong personal and professional relationships with clients and brokers
• Represent AIG on industry bodies and professional associations and organizations

Business Operations

• Adhere to internal SLA’s to ensure operational efficiency and achievement of agreed customer service standards

Expense control

• Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes

Audit and Compliance

• Ensure adherence to audit requirements
• Ensure adherence to regulatory and compliance requirements