Head of Portfolio Management | London, UK (London)

Head of Portfolio Management

American International Group, Inc. London, United Kingdom

American International Group, Inc. London, United Kingdom

• Setting Business Planning timetable for the business, and responsible for the quarterly Business Reporting with Head of Underwriting Management
• Ensuring all parties deliver to the agreed timetable and meet the requirements
• Co-ordinating and liaising with stakeholders to put forward risk appetite changes & other special acceptance requests in line with governance arrangements
• Collaborating with senior stakeholders, e.g. CRO, Strategy Manager, Initiative sponsor, Active Underwriter on the Lloyd's plan, planning or new business initiatives
• Member of Planning & Performance Steering Group (PPRSG), escalating to appropriate forum and providing direction to stakeholders as well as recommending changes
• Work with the Active Underwriter in optimising the syndicate portfolio and with the Class of Business Heads in optimising class portfolios, given prevailing and forecast market conditions
• Segment and analyse the performance of all classes of business
• Devise and oversee production of underwriting management information and metrics for portfolio management and forecasting
• Devise and monitor execution of agreed class of business plans Key Performance Indicators (KPI's)
• Recommend strategic adjustments if performance not in line with expectations/KPI's and implement specific improvement plans to address poor performing classes or segments
• Support/devise strategies to realise the potential of areas that offer the syndicate business development/growth opportunities
• Liaise with Lloyd's on relevant areas (for example, Closing the Performance Gap' and 'Decile 1, 2 and 10')
• Keep abreast of the market, other issues, and developments pertaining to performance trends, planning and capital.

• Setting Business Planning timetable for the business, and responsible for the quarterly Business Reporting with Head of Underwriting Management
• Ensuring all parties deliver to the agreed timetable and meet the requirements
• Co-ordinating and liaising with stakeholders to put forward risk appetite changes & other special acceptance requests in line with governance arrangements
• Collaborating with senior stakeholders, e.g. CRO, Strategy Manager, Initiative sponsor, Active Underwriter on the Lloyd's plan, planning or new business initiatives
• Member of Planning & Performance Steering Group (PPRSG), escalating to appropriate forum and providing direction to stakeholders as well as recommending changes
• Work with the Active Underwriter in optimising the syndicate portfolio and with the Class of Business Heads in optimising class portfolios, given prevailing and forecast market conditions
• Segment and analyse the performance of all classes of business
• Devise and oversee production of underwriting management information and metrics for portfolio management and forecasting
• Devise and monitor execution of agreed class of business plans Key Performance Indicators (KPI's)
• Recommend strategic adjustments if performance not in line with expectations/KPI's and implement specific improvement plans to address poor performing classes or segments
• Support/devise strategies to realise the potential of areas that offer the syndicate business development/growth opportunities
• Liaise with Lloyd's on relevant areas (for example, Closing the Performance Gap' and 'Decile 1, 2 and 10')
• Keep abreast of the market, other issues, and developments pertaining to performance trends, planning and capital.

Experience and Requirements

• In depth knowledge of insurance spanning multiple types and lines of business.
• Proven track-record of delivering strategic insights and recommendations based on quantitative and qualitative analysis, preferably in an underwriting setting.
• Prior involvement in wider corporate topics and in high-level strategic issues.
• Experienced in the development of strong end to end solutions, all the way through from problem definition to full analysis to development of actionable recommendations.
• Demonstrated ability to effectively interpret data and analytical results, and to then communicate this to audiences with differing levels of technical understanding.
• Strong data visualization skills, with the ability to build a compelling story from the data with clear insights and recommended actions.
• Experienced in communication of results to a variety of stakeholders incl. senior management.
• Strong results orientation with a track-record of managing projects for on-time delivery.
• Qualified Actuary or ACII qualified Underwriter or candidates with a quantitative background in performance management / strategy / consultancy.

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: DT – Data Talbot Underwriting Services Ltd (TS1)

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