Underwriter - Business Pack

1 week ago

Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

Underwriter - Business Pack

Apply locations: Kuala Lumpur
Time type: Full time
Posted on: Posted Yesterday
Job requisition id: JR2406399

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 Underwriting

AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG's underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.

About the role

What you need to know:

Description:

  • Handle all areas not limited to sales, product development, pricing, planning & coordinate marketing activities with distribution channels.
  • Provide product training for all channels including SME risk appetite and identify areas for growth.
  • Contribute to the overall strategic direction and development of the SME portfolio, review of electronic trading platform (Transact) business rules and rating algorithm and improvements in operational efficiency.

Performance Measurements:

To fulfill the following KPIs:

  • Execute and measure performance of distribution channels assigned (Agents & Brokers) to achieve business targets. Expected hit ratio of 60% on new business and retention ratio of 86% for the renewals.
  • Assist HOD with the development and roll-out of any new products.
  • Work closely with Corporate Communication and Legal to coordinate all marketing and communication activities, materials, and collaterals in conjunction with any new products launched.
  • Lead and coordinate UAT activity for the department.
  • Responsible for underwriting and portfolio management of the department. Quarterly review of business rules and recommend areas of improvement.
  • Assist HOD on any other ad-hoc tasks, assignments, projects, reports, presentation, training, marketing & communication materials for the department.

What we're looking for:

Requirements:

  • Bachelor's degree
  • AMII or ACII (Added advantage)
  • Competencies Required
  • Knowledge required: (e.g. Problem solving, Decision making, Analytical, Communication, Initiative)
  • 5 years + in the insurance industry specifically Commercial Insurance

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 through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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: UW - Underwriting

AIG Malaysia Insurance Berhad

#J-18808-Ljbffr

  • Underwriter - Business Pack

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

    Underwriter - Business PackApply locations: Kuala LumpurTime type: Full timePosted on: Posted 2 Days AgoJob requisition id: JR2406399Who we areAmerican 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,...

  • Underwriter - Business Pack

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

    Underwriter - Business PackApply locations: Kuala LumpurTime type: Full timePosted on: Posted 2 Days AgoJob requisition id: JR2406399Who we areAmerican 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,...

  • Underwriter - Business Pack

    1 week ago

    Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

    Underwriter - Business PackPostuler locationsKuala LumpurTime Type: Full timePosted on: Offre publiée il y a 2 joursJob Requisition ID: JR2406399Who we areAmerican 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,...

  • Business Pack Innovator

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

    About the OpportunityWe are seeking a seasoned Senior Underwriter - Business Pack to join our team at American International Group (AIG). As a key member of our underwriting team, you will be responsible for developing and implementing insurance solutions that meet the evolving needs of businesses and individuals.Main Responsibilities:Develop and maintain...

  • Business Development Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    Job DescriptionThis position is responsible for providing technical underwriting guidance and expertise to Business Units and Underwriters under direct supervision. The primary objective is to contribute to the success of a specific line of business or product line, ensuring the achievement of business objectives and delivering high-quality customer...

  • Business Development Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich Australian Insurance Ltd. Full time

    Job DescriptionAs a Surety Underwriting Assistant Manager at Zurich Australian Insurance Ltd., you will provide technical underwriting expertise and guidance to Business Units and Underwriters under direct supervision.The primary goal is to enable achievement of business plan and the delivery of excellent customer service. Key accountabilities include...

  • Business Development Underwriter

    4 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AIA Hong Kong and Macau Full time

    AIA Hong Kong and Macau is committed to creating a healthier, more sustainable future for everyone. Our vision is to be the most admired life insurance company in Asia.We are seeking a highly skilled Business Development Underwriter to join our team. As a key member of our underwriting team, you will play a crucial role in developing and implementing...

  • Business Development Underwriter

    5 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    The Business Development Underwriter role at Zurich 56 Company Ltd involves underwriting new and existing life business within delegated authority levels to achieve business goals and maximize customer experience.Key ResponsibilitiesUnderwrite new and existing life business within delegated authority levels.Develop and maintain internal and external...

  • Commercial Underwriting Expert

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

    Role OverviewThe Senior Underwriter - Business Pack is a critical position within our underwriting team, requiring a highly skilled individual who can develop and implement effective insurance solutions for businesses and individuals.Key Responsibilities:Develop and maintain relationships with key stakeholders, including distribution channels and corporate...

  • Underwriter

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia ACCA Careers Full time

    Michael Page are currently partnering with a global insurance provider to recruit a highly skilled and motivated underwriter to join their Shared Services Centre in Kuala Lumpur. Offering WFH flexibility, competitive salary and opportunities to progress - you don't want to miss out on thisClient DetailsOur client is a global insurance provider, who have...

  • Business Development Underwriting Manager

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich Australian Insurance Ltd. Full time

    About the RoleThe New Business Underwriting Specialist will be responsible for completing assignments of moderate to high complexity while working within delegated authority.The successful candidate will provide technical underwriting support and guidance to customers and distributors, consistently providing excellent customer service.Completes a range of...

  • Property Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    Property UnderwriterPurpose:To provide property underwriting expertise and guidance to Business Units and Underwriters under general direction and specializing in a line of business, to enable achievement of business plan and the delivery of excellent customer service.Key Accountabilities:Contribute to the implementation of underwriting strategies (risk...

  • Senior Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

    Senior Underwriter - Business PackSenior Underwriter - Business PackWho we areAmerican 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...

  • Business Development Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    Surety Underwriting Manager111558Accountability HighlightsThis role is accountable for various responsibilities that drive business results. Key highlights include:ResponsibilitiesReviewing and analyzing project performance using standard reporting tools.Identifying and adhering to relevant legal and regulatory controls.Collecting and analyzing data from...

  • Property Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia 婵物捨 Full time

    Purpose:To provide property underwriting expertise and guidance to Business Units and Underwriters under general direction and specializing in a line of business, to enable achievement of business plan and the delivery of excellent customer service.Key Accountabilities:Contribute to the implementation of underwriting strategies (risk analysis, terms...

  • Insurance Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    New Business Underwriting Specialist (Life Insurance)119399Job SummaryWe are seeking an experienced underwriter to join our team. With direction, you will be responsible for analysing new and existing life business within delegated authority levels to achieve business goals and maximise customer experience.Key ResponsibilitiesUnderwrite and analyse new and...

  • Property Underwriter

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    Property UnderwriterPurpose:To provide property underwriting expertise and guidance to Business Units and Underwriters under general direction and specializing in a line of business, to enable achievement of business plan and the delivery of excellent customer service.Key Accountabilities:Contribute to the implementation of underwriting strategies (risk...

  • Business Development Underwriting Expert

    3 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    Role SummaryThis Underwriting and Analysis Professional role is responsible for underwriting and analyzing new and existing life business within delegated authority levels at Zurich 56 Company Ltd.Main Responsibilities:Analyzes new and existing life business within delegated authority levels to achieve business goals and maximize customer experience.Provides...

  • Underwriting Manager

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Zurich 56 Company Ltd Full time

    To drive the success of our underwriting business, we seek an experienced Underwriting Manager to provide technical expertise and guidance to our Business Units and Underwriters.Key ResponsibilitiesContribute to the implementation of underwriting strategies and solutions for a portfolio or line of business.Develop knowledge in product lines and industry...

  • Manager, Underwriting

    6 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Tokio Marine Insurance Group (Asia) Full time

    Manager, Underwriting (Strategic Business Underwriting)Take charge of designated Branches Underwriting technical matters.Execute underwriting strategies and guidelines in line with Company's business plan and MTP.Ensure prudent and timely underwriting service standards are being adhered to.Review analysis of business portfolio from the Branches and take...