Programs Lead, Financial Lines & Casualty

Job title: Programs Lead, Financial Lines & Casualty

Company: AIG


Job description: At AIG, we are reimagining the way we help customers to manage risk. Join us as a Programs Lead to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.Make your mark in Financial Lines & CasualtyAIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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 impactAIG Financial Lines is a market leader in developing and providing insurance solutions that address the exposures and evolving needs of companies and industries. With a full suite of innovative products and underwriting experience in APAC, continuous training and career development are key priorities, alongside growth and sustainable underwriting.The role will report to the Head of Financial Lines and Casualty and will be responsible for the profitable growth of the Programs Portfolio. This includes underwriting and operations of schemes and facilities in compliance with International Financial Lines and Casualty Programs Referral Process, where full analysis of Actuarial, Claims and Programs Terms and Conditions are required. The role will also be responsible for managing DUA relationships, underwriting referrals from AIG’s Managing General Agent/s and audit of policies issued by MGAs.Key accountabilities will include but not limited to:

• Underwriting Schemes and Facilities both for renewal and new business within authorities granted and in accordance with profit centre guidelines.
• Reviewing and updating Binder Agreements with MGAs/Capacity Holders
• Developing and executing strategies for the teams’ products to ensure targets are met through sustainable portfolio underwriting.
• Establish/Maintain strong customer/industry relationships including Broker relationships with indigenous and international broking firms, assisting with the roll out of new products and initiatives. Service clients and brokers across New Zealand. Undertake presentation to clients and/or brokers where required, including product specific training and pitching for business.
• Jointly responsible for executing the Financial Lines business plans and budgets and carry out the appropriate functions within the business.
• Attain appropriate levels of expertise in all product lines including changes and developments.
• Complete all delegated projects in the manner expected and requested by the Head of Financial Lines and Casualty.
• Full participation in local and regional training (underwriting and personal skills).
• Undertake department’s self-audit and peer review procedures as required.
• Responsibility for monitoring of premium processing that ensures that estimates are met and that premiums are processed in a timely manner, that accounts are processed according to AIG guidelines and GST rules as well as monitoring receivables and unallocated cash and liaise with Accounts Department with regard to collections to ensure credit control procedures are maintained and followed to company standards.
• Assist Head of Financial Lines and Casualty with ongoing business analyst tasks such as assisting with quarterly and/or annual budgets, forecasting, submission tracking and any other financial reporting task as allocated.

What you’ll need to succeed

• Risk analysis, portfolio analytics and pricing
• Work Experience in Financial Institutions is a plus.
• Problem Solving
• Business Acumen
• Presentation Skills
• Drive for results
• Collaboration
• Policies and regulations
• Product distribution
• Product & Market Knowledge
• Dealing with Ambiguity

Ready to make a bigger impact? We look forward to reviewing your application.Reimagining insurance to make a bigger difference to the worldAmerican 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 belongingWe’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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 .Functional Area: UW – UnderwritingAIG Insurance New Zealand Limited

Expected salary:

Location: Auckland

Job date: Sat, 15 Mar 2025 01:59:10 GMT

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