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AIG

Manager, A&H Facultative Reinsurance

Reposted 10 Days Ago
Be an Early Applicant
In-Office
Singapore
Senior level
In-Office
Singapore
Senior level
Lead and underwrite the Fac RI business, manage broker relationships, assess risk, generate new business, and provide management information.
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Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

  • This role will focus on leading and underwriting the Fac RI business - both Group & Individual A&H.

  • Undertake renewal reviews of in-force policies, meeting timelines agreed with the intermediaries and proactive follow-up.

  • You will be responsible for assessing the desirability of risk through regular contact with brokers, close co-ordination with subject matter experts and robust reviews of claims history and general company information.  

  • Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager.

  • Another key aspect of the role is the provision of accurate monthly management information including submissions, bind rate, average premium, and total premium.

  • Develop and grow the channel of distribution assigned to achieve both the top and bottom line targets for New Business and Renewal Business. Optimize strike rates and meeting service levels.

  • Collaborate closely with and build excellent business relationships with internal stakeholders and key business partners and intermediaries through regular visitations and engagement.

  • Any other activities and projects assigned by superiors.

What you’ll need to succeed

  • Extensive experience in Fac RI underwriting and proven success in managing Fac RI business in the A&H space.

  • Strong communication, networking and relationship building skills.

  • Good organizational and time management skills.

  • Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.

  • Candidates with Group Accident & Health business development/underwriting/product development experience will have added advantage.

  • Resourceful person with strong interpersonal, negotiation, presentation, analytical, attention to detail and multitasking skills.

  • Outgoing person who is a strong team player with results driven focus and customer centric mindset.

Ready to prove your potential? We would love to hear from you.

#LI-RO1

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 what’s 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 security—as well as your professional development—to 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 world’s 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

We’re committed to creating a culture that truly respects and celebrates each other’s 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 AIG’s 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 [email protected].  

Functional Area:

UW - Underwriting

AIG Asia Pacific Insurance Pte. Ltd.

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