Job Information
AIG NA Casualty Product Line Manager in New York, New York
North American Casualty Product Line Manager
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 commercialand 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 througha diversified, multichannel distribution network.
About the role
Job Responsibilities:
Collaborate with the CUO and Business Heads to define and Drive Underwriting strategy for North America Casualty with a focus on being common as possible but different as necessary.
Facilitate 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.
Support the businesses to translate UW strategy into measurable actions.
Foster and drive the execution of underwriting excellence throughout AIG and in the marketplace.
Thoroughly and quantitatively analyze the performance of Casualty portfolios. Identify / assess emerging trends and feed insights to strategy setting. Support leadership in analytically modeling 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 colleague 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:
At least 15 years of insurance leadership experience, including referral underwriting experience.
Previous P&L ownership experience.
Fluent in English as well as one additional Asian or European language is a plus.
Proven 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 team members come together in the office four days per week. 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.
For positions based in New York City, the base salary range is $189,000-$235,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: Benefits Overview (https://sprcdn-assets.sprinklr.com/248/723ffa1b-01a8-4f89-b8aa-7469d8e62d81-213797826/2023-benefits-overview-for-cor.pdf) .
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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 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
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