AIG Regional Senior Underwriter, A&H EMEA in Luxembourg
Regional Senior Underwriter, A&H EMEA
Location: This role can be based anywhere within EMEA region depending on where the applicant is located.
Report to Regional Underwriting Manager of A&H, EMEA
This position will support development and monitoring of A&H EMEA UW strategy, will be responsible for driving high-performance within the A&H profit centres playing a key role in the delivery of the Regional A&H strategy. Reporting to the A&H Regional Underwriting Manager –EMEA, you will work with an experienced team to help drive profitability and growth.
Responsibilities include delivering on underwriting strategic objectives including overseeing adherence to pricing guardrails. In addition, the role will play an important role to build, drive and implement the A&H business of tomorrow supporting country PD and governance according to global guideline. Proficient understanding of the A&H business model E2E, group and individual product suite, underwriting methodology, and the risks we assume
Coordinate underwriting excellence across the A&H product line, by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensure rating and pricing adequacy.
Ensure business written within the A&H profit centre is in line Insurance risk policy
Ensure an appropriate pricing strategy is set within the A&H profit centre
Ensure that accurate and timely management information is produced for senior management
Review and support the implementation of regional underwriting guidelines to set out how strategic objectives are to be executed within the A&H profit centre
Implement appropriate delegations of underwriting authority, and to ensure these are documented, communicated and adherence to these is monitored
Act as referral point for Country Lead Underwriters and prepare Home office referrals
Oversight of contractual documentation including policy wording sign-off
Manage and monitor multinational business, building successful partnerships and unlock opportunities across the Region
Provide comment and analysis on financial metrics reporting as produced by A&H profit centers
Support administration of reinsurance treaties are in place and to put in place facultative and local treaty reinsurance where required to meet strategic objectives of the A&H profit centre
Ensure that adequate documentation is maintained to meet internal quality control and external regulatory and legal needs
Demonstrate understanding of regulatory and compliance processes and actively participate in relevant governance committees
Drive collaborative behaviour across the wider business
Strong execution and results orientation
Continuous seeking knowledge and improvements in the underwriting practice
Proven ability to motivate, train and gain commitment from colleagues
Strong communication skills. Able to navigate a complex matrixes organization, influence stakeholders and affect outcomes
Proven ability to manage a broad range of stakeholders
Highly collaborative approach across functions and geographies
Ability to manage and influence in a matrix structure and across a wide geography
Ability to work both independently and collaboratively within a team
Technical Skills and Expertise:
At least seerval years insurance underwriting experience, including oversight over multiple products, channels and geographies
Deep expertise in A&H, expert technical underwriting background
Broad and extensive A&H underwriting exposure
Strong understanding of aggregation monitoring
Strong analysis skills with proven ability of managing complex data to make sound commercial decisions
Knowledge of market segmentation, portfolio management, acquisition and distribution
Demonstrated business savvy, analytical and quantitative skills
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. 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.
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
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Europe S.A.
We're a leading global insurance organization with operations in approximately 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.
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. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.
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