Business Development Manager at AIG

Hangzhou, Zhejiang, China

AIG Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Bachelor’s degree or above
  • P&C Insurance / broking experience is preferred
  • Experienced in servicing and dealing with major enterprise accounts will be preferred
  • Good interpersonal skill, teamwork player, mature
  • High responsibility, resilience and self-driven
  • Passion on innovation, patience on delivery
  • Fluent in both spoken and written English
  • Overall view and communication skill for multiple contacts in complex project
  • Develop relationship and partnership compatibly and creatively

Responsibilities

  • Execute branch CBE strategy and action plan to achieve the production budget and engagement target
  • Proactively maintain and develop business relation with brokers/domestic insurers/in-house broker and other related business partners, such as major clients and association
  • Initiate and organize events, seminars, trainings and other promotional activities for brokers and external partners in line with PC’s growth strategy, do product promotion with PCs
  • While exploring new business opportunities, maintain renewal customers and improve service levels
  • Understand the company’s operation procedure and ensure the CBE 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
  • Other duties as instructed by CHO distribution head and branch general manager

Skills

P&C Insurance
Insurance Broking
Broker Relations
Business Development
Event Organization
Product Promotion
Market Analysis
Compliance
Relationship Building
English Fluency

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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