Head of Commercial Management (Asset)

Head of Commercial Management (Asset)

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead portfolio management and business planning, optimising performance across various classes.
  • Company: AIG is a global leader in insurance solutions, dedicated to supporting individuals and businesses.
  • Benefits: Enjoy a comprehensive rewards package focusing on health, wellbeing, and professional development.
  • Why this job: Join a culture of inclusion and collaboration, making a real impact in the insurance industry.
  • Qualifications: Qualified Actuary or ACII Underwriter with strong analytical and project management skills required.
  • Other info: AIG values in-person collaboration for a supportive work environment.

The predicted salary is between 43200 - 72000 £ per year.

Head of Portfolio Management Setting Business Planning timetable for the business, and responsible for the quarterly Business Reporting with Head of Underwriting Management Co-ordinating and liaising with stakeholders to put forward risk appetite changes & other special acceptance requests in line with governance arrangements 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 Co-ordinating and liaising with stakeholders to put forward risk appetite changes & other special acceptance requests in line with governance arrangements 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. Proven track-record of delivering strategic insights and recommendations based on quantitative and qualitative analysis, preferably in an underwriting setting. 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. 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. At AIG, our people are our greatest asset. 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. AIG) is a global leader in commercial and personal insurance solutions; we are one of the world\’s most far-reaching property casualty networks. 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. DT – Data

Head of Commercial Management (Asset) employer: American International Group, Inc.

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 comprehensive benefits focused on health, wellbeing, and professional development, while our commitment to inclusion and continuous learning empowers employees to thrive in their careers. Located in a vibrant area, we provide unique opportunities for growth and engagement, making AIG a rewarding place to build your future.
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Contact Detail:

American International Group, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Commercial Management (Asset)

✨Tip Number 1

Network with professionals in the insurance and underwriting sectors. Attend industry events or webinars where you can meet potential colleagues or stakeholders. Building these connections can give you insights into the company culture and expectations.

✨Tip Number 2

Familiarise yourself with the latest trends in portfolio management and performance analysis. Being well-versed in current market conditions will not only help you in interviews but also demonstrate your proactive approach to the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've used data to drive strategic decisions in previous roles. Highlighting your analytical skills and ability to communicate complex information clearly will set you apart from other candidates.

✨Tip Number 4

Research AIG's recent initiatives and their approach to business development. Understanding their goals and challenges will allow you to tailor your discussions during the interview, showing that you're genuinely interested in contributing to their success.

We think you need these skills to ace Head of Commercial Management (Asset)

Strategic Planning
Stakeholder Management
Risk Assessment
Portfolio Optimisation
Performance Analysis
Data Interpretation
Quantitative Analysis
Business Development
Key Performance Indicators (KPI) Management
Project Management
Communication Skills
Data Visualisation
Actuarial Expertise
Underwriting Knowledge
Market Awareness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial management and portfolio optimisation. Use specific examples that demonstrate your ability to analyse performance and implement strategic adjustments.

Craft a Compelling Cover Letter: In your cover letter, express your understanding of the role and how your background aligns with the responsibilities outlined. Mention your experience with stakeholder management and your ability to communicate complex data insights effectively.

Showcase Analytical Skills: Emphasise your quantitative and qualitative analysis skills in both your CV and cover letter. Provide examples of how you've used data to drive decision-making and improve performance in previous roles.

Highlight Leadership Experience: Since this is a senior position, make sure to highlight any leadership roles you've held. Discuss your experience in managing projects and teams, and how you’ve successfully delivered results on time.

How to prepare for a job interview at American International Group, Inc.

✨Understand the Role Thoroughly

Before the interview, make sure to thoroughly understand the responsibilities of the Head of Commercial Management. Familiarise yourself with business planning, performance metrics, and stakeholder management as these are crucial aspects of the role.

✨Prepare Data-Driven Insights

Given the emphasis on quantitative analysis in the job description, come prepared with examples of how you've used data to drive strategic decisions in previous roles. Be ready to discuss specific metrics and outcomes.

✨Showcase Your Communication Skills

The ability to communicate complex data insights to diverse audiences is key. Practice explaining your past projects and their results in a way that is accessible to both technical and non-technical stakeholders.

✨Demonstrate Leadership and Collaboration

As this role involves liaising with various stakeholders, be prepared to discuss your experience in leading teams and collaborating across departments. Highlight any successful projects where you drove change or improvement through teamwork.

Head of Commercial Management (Asset)
American International Group, Inc.
A
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