Bukit Merah - Underwriter, Financial Lines

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter in Financial Lines to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

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

To underwrite Commercial Directors and Officers Liability, Commercial and Construction Professional Indemnity, Commercial Crime, Financial Institutions aspects of the Profit Center’s business including:

• Support growth and profitability objectives as outlined by the Profit Centre.
• Contribute to planning – Assist in identifying growth opportunities, new business segments, new product opportunities to support growth objectives.
• Adhere to all underwriting procedures and compliance protocols as required.
• Assist with account targeting strategy and product development initiatives.
• Maintain strong working relationships with assigned brokers.
• Conducts relevant product/process training as required by the Underwriting Manager.
• Ad-hoc special projects or requirements that may arise from time to time.
• Assist with the maintenance/development of solid working relationships with all clients, brokers, reinsurers and other stakeholders and managing broker visitation schedule for staff in consultation with Profit Centre Manager.
• Help to identify business opportunities for other profit centres to support the company’s cross marketing strategy.
• Liaise with administration staff, legal, claims, finance and accounting and any other services centre to ensure awareness of underwriting and business activities support standards required.
• Help identify opportunities and strategies in support of growth in Corporate ang Major Account segments and develop appropriate distribution solutions in country environment.
• Assist with multinational development plans so that AIG gains the maximum share of available profitable income from key/potential producers.
• Lead the launch of new policy wordings, endorsements and/or Broker Specific programs.
• Ensure delivery of reports and compliance tasks in timely fashion to key internal stakeholders as and when required.
• Keep Underwriting Manager aware of all major underwriting issues.

• Possess MAS recognized insurance qualification.
• Proven experience in Financial Lines underwriting. Experience in underwriting Cyber is a plus.
• Financial Lines Underwriting, risk management or broking background essential.
• Risk assessment including new business reinsurance negotiations and developing renewal retention strategies.
• Possess strong interpersonal and problem solving skills.
• Confident.
• Strong English written and verbal communication skills.
• Excellent systems and PC skills.

Ready to take your career to the next level? We would love to hear from you.