Financial Lines Underwriter

Financial Lines Underwriter#LI AIGWho we areAmerican 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 businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the worlds most farreaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified multichannel distribution network.About the roleWhat you need to know:Financial Lines Senior MLC Underwriter will be responsible for identifying and underwriting profitable accounts within underwriting limits under the guidance from the Head of Financial Lines / Manage assigned accounts ensuring efficient workflow in the line of operational procedures whilst managing and maintaining and grow relationships with brokers.Assessing risk (underwriting) servicing accounts and developing the FL product capabilities.Underwrite risks within underwriting authority through a rigorous risk assessment process which includes consideration of loss control claims history and other appropriate risk management functions.Risk logging worksheets and rater tool applicationEnsure adherence to all underwriting guidelines and referralsTransacting and filing of accounts in accordance with Company standards.Ensure adherence to audit requirementsEnsure adherence to regulatory and compliance requirementsManage allocated portfolio accounts achieving profitable and sustainable growth. Constantly assessing overall performance of the portfolio and make recommendations for adjustments where needed.Develop and maintain strong personal and professional relationships with brokers and clientsAdhere to internal SLAs to ensure operational efficiency and achievement of agreed customer service standards Instructing and monitoring the issuing of Policy DocumentsExpense ControlManage 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.What were looking for:At AIG we value inperson collaboration as a vital part of our culture which is why team members come together in the office four days per week. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.Experience:Insurance experience / Financial Lines underwriting experience is a must.Knowledge:Thorough knowledge of the Financial Lines Insurance industry / Middle East and North Africa market experience.Excellent Verbal & Written Communication SkillsStrong Entrepreneurial SkillsPresentation SkillsAbility to analyze complex problems interpret operational needs and develop integrated creative solutions.InternalUnderwriting work within a team of underwriters to grow the portfolio profitablyClaims and Actuarial engagement to understand the drivers of our losses and what underwriting actions are required on particular accounts and portfolios.Operations understand the administrative functions that support our business.Distribution improve and understand the way in which our products are taken to market and boughtExternalClients appreciate and understand client needsBrokers / Cedants build and grow the business with brokers and CedantsKey CompetenciesFinancial Lines Underwriting Background.Dealing with AmbiguityCustomer CentricNegotiation Skills / Conflict ResolutionDrive for ResultsPresentation SkillsInnovation ManagementBusiness AcumenProblem SolvingTechnical CompetenciesRisk Analysis and PricingDistributionInterpretation of legal agreementsAt AIG we value inperson collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.Enjoy benefits that take care of what mattersAt AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most farreaching property casualty networks. It