Business Development Manager at AIG

Guangzhou, Guangdong Province, China

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

University graduate at least with sufficient relevant P&C Insurance and/or broker working experience, resources in life insurance industry (reinsurance) will also be evaluated favorably
Experienced in servicing and dealing with major enterprises accounts/internet industry accounts will be preferred
Good learning and interpersonal skill, teamwork player
High responsibility, resilience and self-driven
Passion on innovation, patience on delivery
Fluent in both spoken and written English, overseas business/project experience will be preferred
Knowledge and insight on P&C insurance and overseas business
Overall view and communication skill for multiple contacts in complex project
Creativity and enthusiasm on developing relationship and partnership

Responsibilities

Responsible for developing, executing and managing company strategy and action plan to achieve the production budget and engagement target
Maintain and develop business relationship with appointed brokers/industrial partner/major client and other related business partners
Identify prospects and major pipeline in particular state-owned enterprises (SOEs) and emerging industry client
Initiate and organize events, seminars, trainings and other promotional activities for brokers and external partners in line with company direction
Understand the company’s operation procedure and ensure the BD operation appropriately align with compliance
Company channel portfolio and market analysis and update insurers and insurance brokers market info
Control expense to ensure operation with limits
Participate in AIG corporate AML training, and be obligated to perform AML related duties, including KYC, large/suspicious transaction reports, high-risk customer reports etc
Ad-hoc tasks/projects assigned by managers

Skills

P&C Insurance

Broker Management

Client Relationship Management

Business Development

Market Analysis

Compliance

AML

KYC

Sales Strategy

Event Organization

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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