AIG RI Distribution Director Southern Africa in United States
PURPOSE OF THE ROLE:
Identify and underwrite profitable accounts within underwriting limits under general direction of PCM. Maintain and grow relationships with cedants and RI brokers. Work with Distribution to grow the Southern Africa RI assumed portfolio. Manage assigned accounts, ensuring efficient document workflow in line with operational procedures.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
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.
Ensure adherence with all underwriting guidelines and referrals
Interpret legal agreements and policies
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 in Sub Saharan Africa
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 Cendants and RI brokers
Represent AIG on industry bodies and professional associations and organizations
- Adhere to internal SLA’s to ensure operational efficiency and achievement of agreed customer service standards
- 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
Graduate level degree in business, economics, insurance or marketing.
- > 5 commercial short term insurance underwriting experience, including at least 3 years in Liability line of business
COMPETENCIES / LEVELS
AIG Core Competencies:
Dealing with Ambiguity
Drive for Results
Risk Analysis and Pricing
Interpretation of legal agreements
Policies for Regulations
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.
Preference will be given to previously disadvantaged candidates in line with the company’s Employment Equity Plan. Specific preference will be given to people with disabilities.
SM - Sales & Marketing
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG South Africa
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.
We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees 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 (https://twitter.com/AIGinsurance) | LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.