Senior Underwriter - Johannesburg, South Africa - AIG

AIG

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

PURPOSE OF THE ROLE:

Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.

Technical Underwriting

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.

Prove technical underwriting guidance to junior underwriters as directed by Profit Centre manager
Ensure adherence with all underwriting guidelines and referrals

Portfolio Management

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
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 clients and brokers
Represent AIG on industry bodies and professional associations and organizations

Business Operations

Adhere to internal SLA's to ensure operational efficiency and achievement of agreed customer service standards

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

Audit and Compliance

Ensure adherence to audit requirements
Ensure adherence to regulatory and compliance requirements

LI-AIG

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment.

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 such as sexual orientation.

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 - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided:
No

AIG South Africa