Multinational Property Practice Lead DACH & Expert Underwriter (wmd)

Responsibilities:

Underwriting Performance

Act as reference person for Underwriting referrals for Commercial Property DACH for policy wordings and endorsements assessments of insurance coverage compliance (including sanctions) and related matters.

Support the PCM Commercial Property DACH to deliver on the strategic plan and budget for Commercial Property DACH;

Help to develop and evaluate appropriate metrics for monitoring effectiveness in the area of Underwriting performance (e.g. introduction of the Underwriter Dashboard);

Product Development & Product Support

Work with the Commercial Property Underwriting Units other Profit Centers Sales & Distribution and other internal stakeholders to further develop the product including product development expansion and/or standards and operational initiatives within Commercial Property

Support the development of policy wordings and the adaptation of client specific and bespoke solutions;

Act as the leading resource in negotiating model policy wordings with selected brokers and designing AIG wordings;

Support the establishment of Centers of Expertise and play a key role in their successful and effective operation

Act as a Multinational SME for EMEA

Underwriting Excellence & Risk Management

Support the development and the maintenance of a common set of underwriting standards including related procedures processes rules guidelines and manuals;

Help to analyze claims link to business and develop as well as suggest related guidelines and/or manuals;

Act as a sounding board for the PCM Commercial Property DACH and prepare decisions in close collaboration with the underwriting teams to smartly adjust underwriting strategies in order to optimize shifts in actual or anticipated market conditions;

Help to develop procedures for emerging (product) risks and propose appropriate mitigation strategies;

Help to develop and ensure enaction of a strong framework and culture of risk management within Commercial Property DACH;

Act as the key responsible for regular technical training of underwriters including development of training material and the organisation of related training sessions;

Act as a center of excellence for daily inquiries of the Commercial Property DACH underwriting staff regarding questions related to underwriting transactions including risk assessment risk selection and pricing as well as procedures processes rules guidelines and manuals.

Individual Client Expert Underwriter

Assessment of Commercial Property risks individual calculation and preparation of tailor-made offers (incl. occasional presentations) on national and international coverage concepts for industrial and service companies including the associated negotiations with brokers and clients

Supervision of international Commercial Property programs with corresponding English language communication with foreign brokers customers and colleagues of the companys own foreign network

Active market development including identification of new business opportunities in close cooperation with the sales and client management teams in order to position AIG more strongly as a relevant Commercial Property insurer in Germany

Development and introduction of special innovative coverage and service concepts as a distinguishing feature from the competition

Commissioning of and participation in risk inspections as well as evaluation of technical reports and risk analyses with subsequent preparation of conclusions for cover

Analysis of Commercial Property insurance contracts and condition concepts of competitors and brokers including active negotiation of model conditions with brokers

Analysis and conception of individual contract clauses and terms and conditions

Assessment of Commercial Property and coverage law commentary and weighting of contractual Commercial Property agreements in German and English

Requirements

Minimum position requirements include high school degree typically followed by an advanced training in business economics or law or strong insurance industry training completed by qualified advanced trainings as well as an extensive experience including in depth technical underwriting background within the Commercial Property segment.

Further qualifications include

Team player strong interpersonal skills

Strong internal relationship management

Strong communication skills with colleagues

Able to take ownership of complex issues and follow through on difficult decisions

Able to identify to assess and manage risks

Commercial outlook and able to effectively prioritize

Track record of delivery

Proficient Commercial Property underwriting skills with an affection to product and wording analysis

Profound knowledge of underwriting guidelines reinsurance concepts and insurance business processes

Proficient knowledge of underwriting processes

Profound experience in international insurance business and local Commercial Property Underwriting standards

English speaking at proficiency level

Proficient negotiation skills

Time management and work techniques

Good IT-user knowledge on common applications

Behavioral Competencies

Commercial oriented personality

Strong analytical and conceptual thinker

Demonstrated attributes of attention to quality and detail decision-making and problem-analysis and -solving

Strong interpersonal communication and listening skills organizational sensitivity and the ability to influence and persuade

Profound general commercial and sales knowledge

Demonstrated sense of urgency & highly result oriented

Tenacity and ability to organize and manage multiple priorities and work under pressure

Relevant experience in a multicultural complex matrix organization

Excellent reputation both in terms of know-how and personality

Fluent command (writing and speaking) in German and English.

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.

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