At a Glance
- Tasks: Lead international casualty underwriting strategy and drive excellence across diverse portfolios.
- Company: Join AIG, a global leader in insurance with over 100 years of experience.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Embrace a culture of inclusion and continuous learning at AIG.
- Why this job: Make a real impact in a dynamic environment while shaping the future of insurance.
- Qualifications: In-depth insurance leadership experience and strategic skills in underwriting.
The predicted salary is between 48000 - 84000 £ per year.
Location: can be based out of one of our AIG European offices.
Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
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.
About the role
This role is one of the most Senior UW experts and holds the highest levels of UW Authority within International Casualty. This role is responsible for the oversight and underwriting quality of the GL&EL Industry Groups Services & Tech and the stand alone Auto Portfolio within International Casualty. It is the Product Lead for GL, WC/EL and Motor. This role supports International Casualty UW operation, all teams (APAC, EMEA, UK, LAC, Japan and China).
Job Responsibilities
- Together with Global CUO Casualty and Regional Heads, define, manage and drive the underwriting strategy for the international organisation, with a focus on industries Services Tech but has input into all business within GL, Auto and EL portfolios.
- Determine the UW authority, UW guidelines and referral process for the assigned Portfolio.
- Develop and deliver underwriting guidelines within the framework of risk appetite, underwriting appetite, limits management and emerging risks.
- Represent AIG CUO as a Product Expert offering internal training and speaking externally on Casualty topics.
- Internal training will be based on close collaboration with Risk Engineering, claims, actuarial and the Underwriting University and external speaking will be done in collaboration with our CBE/Client Broker Engagement teams.
- Together with the Global CUO and Regional Heads, translate the UW strategy into measurable actions.
- Foster and drive the execution of underwriting excellence throughout AIG and in the marketplace.
- Thoroughly and quantitatively analyse the performance of Casualty portfolios.
- Identify / assess emerging trends and feed insights to strategy setting.
- Manage analytically modelling changes to strategy, products and 'pro-forma' views of the book.
- Detailed monitoring standards / quality reviews to assess loss ratios and underwriting results.
- Establish strong relationships with CUO colleagues in both International and North America to define mutual understanding of topics and to drive effective execution of business model.
What we’re looking for
- In-depth insurance leadership experience, including referral underwriting experience in Casualty, preferably on an international basis.
- Previous P&L ownership experience.
- Fluent in English as well as one additional Asian or European language is a plus.
- Strategic leadership skills in developing vision, purpose and driving for results.
- An understanding of end-to-end underwriting processes and how to construct these processes to improve profitability, data capture, efficiency, and compliance.
- Detailed understanding of casualty actuarial and portfolio management tools.
- Expert technical underwriting background with experience in International Casualty.
- Intimate knowledge of policy forms and endorsements.
- Skilled leader of change; versatile, client focused, results oriented.
- Demonstrated business savvy, analytical, and quantitative skills.
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 honoured 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
International Casualty Product Line Manager employer: AIG
At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our Total Rewards Program ensures that employees are supported in their health, wellbeing, and professional development, while our commitment to inclusion and continuous learning creates a culture where everyone can thrive. With opportunities for growth and a focus on making a meaningful impact in the insurance industry, AIG is the ideal place for those looking to advance their careers in a supportive and forward-thinking organisation.
StudySmarter Expert Advice🤫
We think this is how you could land International Casualty Product Line Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like AIG). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like AIG. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace International Casualty Product Line Manager
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AIG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AIG. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at AIG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AIG to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at AIG, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding AIG's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
