Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.
We’re also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Get to know the business
General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including property, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.
What you need to know:
As a Leader, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes. This role will report to the General Director.
Key functions:
To manage all aspects of the Financial Insurance Products including, but not limited to:
- Directors & Officers Liability Insurance (Management Liability Insurance)
- Professional Indemnity Insurance
- Cyber Insurance
- Crime Insurance
- Kidnap & Ransom Insurance
Manage department including:
- Develop and deliver Strategic Plan – identifying growth opportunities, new business segments, new product opportunities to support growth objectives.
- Develop and execute a marketing plan for your products, which should include creation and dissemination of marketing materials, as well as marketing events including formal seminars and producer training sessions, and informal presentations to producers.
- Increase of AIG market share through new business development, new distributions.
- Expand relationships with key producers, clients and industry groups.
- Train and develop your underwriting team to provide strong business outcomes and appropriate career paths for high achievers.
- Ad-hoc special projects or requirements that may arise from time to time.
Key accountabilities:
1.Financial Objectives:
- Grow profitability aligning with strategies, financial budget objectives, and manage portfolio to protect balance sheet. Plan strategies for department within matrix environment.
- Manage expense within targeted outcomes.
- Develop and implement business plans aligning with corporate standards and guidelines.
2.Customer relationship engagement:
Expand customer relationships, articulate strategy, and value to clients, brokers, partners, and distributions. Respect the voice of clients, brokers and partners, and change for customer’s needs.
3.Business processes:
- Develop and maintain an adequate pipeline of new business opportunities through targeting segment and market.
- Ensure operation working smoothly and reduce bottleneck to maximize efficiency, mitigate compliance and regulatory risk i.e.
- Manage and ensure adherence to corporate guidelines, disciplines and standards: maintenance of underwriting discipline and adherence to authority; referral of all accounts which fall outside of your authority to relevant Regionals and referral points.
- Acquire comprehensive knowledge and utilize resources effectively.
- Carry out budget process following company guidelines.
- Prompt and timely advice to Segment/Commercial/Country Managers on New Business and Renewal negotiations on accounts
- Managing an excellent relationship with colleagues in other departments.
- Oversight of product and underwriting compliance.
4.Other:
Tasks as assigned by the General Director
What we are looking for
- Preferably a University Degree or equivalent
- Experience and knowledge about Financial insurance products; experience in sales, business development, or marketing preferable, writing both insurance and reinsurance business, experience negotiating and closing commercial contracts, ideally in insurance;
- Must be confident and have a strong desire to lead and grow the business.
- Good interpersonal skills, strong leadership and negotiation, and management skills.
- Strong local market and industry knowledge.
- Fluent in English, both written and spoken.
#LI
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 candidatecare@aig.com.
Functional Area:
UW - Underwriting AIG Vietnam Insurance Company Limited