Underwriter, Financial Lines

#LI-JC1
Join us as a Financial Lines and Casualty Underwriter to take your underwriting career to the next level with a global market leader.
AIG New Zealand 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. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Operating for more than 50 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.
Make your mark in Underwriting
AIG Underwriting teams help to find insurance solutions in areas including Casualty, Financial Lines, Property, 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 impact
An Underwriter in the Commercial Financial Lines and Casualty team actively contributes towards a portfolio of insurance through new business and renewal opportunities. The portfolio encompasses Casualty Liability (including General Liability) Directors and Officers Management Liability, Professional Indemnity and Cyber. In this role you’ll be reporting to the Casualty Manager, Specialty, New Zealand. You can develop your technical knowledge of our products, hone your relationship management and portfolio analysis skills all while challenging your problem-solving logic. It is a great space for a motivated, proactive and socially minded market-facing individual to grow.
**What you need to know**:
Primary Responsibilities
Developing and executing strategies for the Commercial Casualty and Financial Lines team’ products to ensure targets are met through sustainable underwriting.
Underwriting Commercial Casualty and Financial lines business including new and renewal business within authorities granted and in accordance with profit centre guidelines
Establish/Maintain strong customer/industry relationships across New Zealand including Broker relationships at all levels with indigenous and international broking firms.
Service clients and brokers across New Zealand.
Adapting to regulatory changes including product innovation and increase AIG’s profile through market leadership.
Key Functions
Jointly responsible for executing the Commercial Casualty and Financial Lines business plans and budgets and carry out the appropriate functions within the business.
Continual review and development of Products and development of new Products including associated Marketing material.
Attain appropriate levels of expertise in all product lines including changes and developments.
Monitor and execute delegated projects
Full participation in local and regional training (underwriting and personal skills).
Undertake presentation to clients and/or brokers where required, including product specific training, and pitching for business.
Undertake department’s self-audit procedures as required.
Responsibility for monitoring of premium processing
Work with the Casualty PCM, Financial Lines PCM and Regional Line Managers to ensure that strategies are developed and executed.
Develop and improve systems and processes
Assist the Casualty PCM and Financial Lines PCM with ongoing business analyst and financial reporting tasks such as assisting with quarterly and/or annual budgets, forecasting and submission tracking.
What you’ll need to succeed
**Experience in**:
Risk analysis and pricing
Product distribution
Product & market Knowledge
Dealing with Ambiguity
Drive for results
Problem Solving
Critical Thinking
Collaboration
Business Acumen
Presentation Skills
Relationship management
Ready to step up to new challenges? We would love to hear from you.
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 belonging
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 throu