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 …
