Underwriter, Casualty

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

General Insurance 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. 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:

- To develop and underwrite Commercial business, including renewal retention, administration services, marketing and compliance and legal obligations, for business generated in Australia within delegated underwriting authority.
- Achieve agreed production targets by executing on strategic marketing objectives and action plans and developing broker relationships.
- Increase AIG market share within the Commercial Casualty segment through the development of relationships with key producers, clients and industry groups.
- Provide timely production and portfolio reporting numbers

Financial
- Assist in the development of strategies to grow profitable business within set budget objectives for Casualty business in Australia.
- Execute strategic plans to ensure budgets and plans are met, both branch and national.
- Work in conjunction with the Casualty Manager - Commercial, Client and Broker Engagement team and other Profit Centres to grow the Commercial segment of our business.
- Provide superior service to offer a differentiated alternative in this very competitive sector of the market.
- Appropriately develop agreed production budgets in conjunction with the Casualty Manager - Commercial in accordance with growth requirements.
- Monitoring and reporting of monthly production, retention ratios, new business, hit rates, loss ratio, claims activity, overdue premiums and late bookings.
- Identify new business prospects & targets including researching and profiling accounts and communicate this detail with Client and Broker Engagement team as well as other Profit Centres.

Customer
- Assist where necessary the Casualty Manager - Commercial, Segment Managers and Casualty Team in development of Client Relationships.
- Ensure the maintenance/development of solid working relationships with all Commercial clients and brokers.
- Identification of business opportunities for other profit centres to support the companies cross marketing strategy.
- Liaise with administration staff, actuarial, legal, claims, finance and accounting and any other services centre to ensure awareness of underwriting and business activities support standards required.
- Open Communication and information sharing with Segment Managers pertaining to Casualty

What we’re looking for:

- Casualty Underwriting experience across a broad range of products including Primary Casualty, Excess/Umbrella in the Commercial segment
- Entrepreneurial and Solution based approach to Underwriting whilst maintaining and demonstrating a high degree of technical skill
- Proven working relationship with key Broking partners at the major broking houses
- Basic understanding of management reporting, Profitability assessment, understanding of financial impact, underwriting and pricing principals and relationship development.
- Excellent written and verbal communication skills, combined with the ability to influence people
- Possess relationship management and strong interpersonal skills

LI-JC

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 24 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the n