Underwriter - Marine
Underwriter - Marine
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1 Vacancy
Job Description
About the role
At AIG we are reimagining the way we help customers to manage risk. Join us as a Marine Underwriter to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.
The Underwriter is responsible for :
Technical Underwriting
- Underwriting marine 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.
- Provide technical underwriting guidance to junior underwriters as directed by Profit Centre Manager
- Ensure adherence with all underwriting guidelines and referrals
- Interpret legal agreements and policies
Portfolio Management
- Manage marine 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
- 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
- Adhere to internal SLAs 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
What were looking for:
Qualification
- Graduate level degree in business economics insurance or marketing.
- Insurance qualification
- FAIS compliant
At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides 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.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .
Preference will be given to previously disadvantaged candidates in line with the companys Employment Equity Plan. Specific preference will be given to people with disabilities.Functional Area:
UW - UnderwritingAIG South AfricaEmployment Type
Full-Time
