Job Information
AIG Underwriting Manager, Auto in Singapore
Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
Get to know the business
General Insurance is a leading provider of insurance products and services for commercialand personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers througha diversified, multichannel distribution network.
About the role
What you need to know:
In this role, the candidate will be responsible for leading an underwriting team to ensure the team comply with the underwriting authority assigned. This role will need to identify and establish underwriting strategy that align with AIG’s underwiring guidelines, standards and risk appetites and ensuring pricing adequacy with the objective to achieve the targeted GPW and combined ratio. The role needs to collaborate with internal stakeholder that includes the Actuarial, Claims, Distribution, Customer service and operation and IT teams.
Other responsibilities
Review work processes to manage business operation efficiency and ease of conducting business with AIG with stakeholders
Ensure adherence to the regulatory, risk and compliance requirements
Ensures compliance with workflows and procedures.
Maintain and develops strong relationships with agents, broker and client
Review customer journeys to emphasize AIG Service Values and strength
Review and enhance the product offerings to address needs of customers
Ensure the underwriters meet the expected turnround time for referrals, quotations and renewal reviews.
Develop and training of Staffs
Maintain open and effective communication with the underwriters and foster teamwork
Manages the day-to-day operations of the support unit.
Manage all underwriting audits and ensure all underwriting audits corrective actions are addressed within timelines
What we’re looking for:
Possess recognised insurance qualification and/or relevant tertiary degree from a recognised institution
An extensive proven background in Auto underwriting and product management
Experience in the Singapore market with respect to consumer insurance products with emphasis on Auto insurance
Excellent communication and negotiation skills with an ability to challenge, adapt to change and deal with ambiguity.
Proven record in providing direction, motivating and growing employees to drive high levels of performance.
#LI-RO1
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s 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 belonging
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides 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.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG Asia Pacific Insurance Pte. Ltd.
At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day. Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.
But we also do the same thing for our employees, because we know our people are our greatest strength-the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (http://www.twitter.com/AIGInsurance) | LinkedIn (http://www.linkedin.com/company/aig) .