Overview

Underwriter Financial Lines Jobs in Dubai – UAE at American International Group

Title: Underwriter Financial Lines

Company: American International Group

Location: Dubai – UAE

Type: Contract


Category: Insurance, Finance

Job Purpose

Financial Lines Senior Underwriter will be responsible for identifying and underwriting profitable accounts within underwriting limits under the guidance from the Head of Financial Lines / Senior Underwriters.

Manage assigned accounts ensuring efficient workflow in the line of operational procedures whilst managing and maintaining and grow relationships with brokers.

Job Accountabilities


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 application

Ensure adherence to all underwriting guidelines and referrals

Transacting and filing of accounts in accordance with Company standards.

Ensure adherence to audit requirements

Ensure adherence to regulatory and compliance requirements

Manage 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 clients


Adhere to internal SLA’s to ensure operational efficiency and achievement of agreed customer service standards Instructing and monitoring the issuing of Policy Documents

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.

Qualifications and Education:

Degree in business, economics, insurance or marketing or insurance qualification . Finance degree or qualifications would be a plus

Experience:

Three to five years of insurance / Financial Lines underwriting experience is a plus.

Knowledge:

Thorough knowledge of the Financial Lines Insurance industry / Middle East and North Africa market experience is a plus.

Excellent Verbal & Written Communication Skills

French speaking is a plus.

Strong Entrepreneurial Skills

Presentation Skills

Ability to analyze complex problems, interpret operational needs, and develop integrated creative solutions.

Key Competencies

Dealing with Ambiguity

Customer Centric

Negotiation Skills / Conflict Resolution

Drive for Results

Presentation Skills

Innovation Management

Business Acumen

Problem Solving

Technical Competencies

Risk Analysis and Pricing

Distribution

Interpretation of legal agreements

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.

Functional Area:

UW – UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation …

 

About American International Group