Product Governance Lead, Underwriting
2 days ago
Who we are
American 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 business
AIG is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.
About the role
What you need to know:
Product Governance
- Ownership and Accountability for the co-ordination of AIGAL’s Product Lifecycle Governance Framework
- Maintain, update and Improve the Product Lifecycle Governance Framework including updates to Standard Operating Procedures (SOP) and Terms of Reference (TOR)
- Co-ordinate Product Governance Requirements with Underwriting, Compliance, Legal, Communications, Client Broker Engagement, Claims, Actuarial and Senior Leadership
- Ensure post launch reviews are undertaken by the business within twelve months of product launch
- Maintain up to date inventory of policy wordings in Global Policy Forms Library
- Secretarial responsibility for the Product Governance Committee (PGC)
- Support leadership in Governance initiatives across AIGAL Commercial Lines Underwriting when required
Product Reviews
- Coordinate policy wording and product reviews across all AIGAL products
- Maintain up to date inventory of policy wordings in Global Policy Forms Library
- Support Profit Centres in understanding Prod Governance and policy wording requirements, ensure delivery of requirements within timeframes
- Maintain up to date registers of Product Governance requirements in AIG Risk/Compliance/Governance tool (Triline)
What we’re looking for:
- Project management experience preferred
- A background in general insurance including commercial products
- Strong relationship management skills with the ability to develop and maintain strong relationships with key stakeholders
- Previous experience in Governance, Compliance or Risk role preferred
- Professional experience in working well with other teams to successfully achieve goals
- Proven ability to prioritize projects and respond promptly in appropriate manner
- Demonstrated success anticipating internal and external client needs and act proactively
- Proven ability to identify problems and deliver appropriate solutions
LI-JC1
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.
To learn more please visit:
- Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
OP - Operations
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Australia Limited
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