Underwriter - FAC Reinsurance GCC & North Africa

Overview

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.
• Risk logging, worksheets and rater tool application.
• Provide technical underwriting guidance to junior underwriters as directed by Profit Centre Manager.
• Ensure adherence with all underwriting guidelines, ART and referrals.
• Perform and interpret financial analysis of companies and their on-going performance.

Portfolio Management

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• Cooperate with Sales & Marketing for the Development of market relationships leading to an increased level of new business and high retention ratios.
• Assist with the refinement of product offering for certain client segments.

Business Development and Retention

• Keep abreast of market changes and trends.
• Proactively engage with distribution 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 & brokers
• Represent AIG in a general and Financial Lines capacity where appropriate.

Business Operations

• Adhere to internal SLA s to ensure operational efficiency and achievement of agreed customer service standards.
• Audit and Compliance
• Ensure adherence to audit requirements within own files.
• Ensure adherence to regulatory and compliance requirements within own files.

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.

Internal

5. Key Competencies

• Dealing with ambiguity.
• Customer focus.
• Negotiating.
• Drive for results.
• Presentation skills.
• Business acumen.
• Problem solving.