Business Development Manager at AIG

Hangzhou, Zhejiang, China

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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

Key technologies and capabilities for this role

P&C InsuranceInsurance BrokingBroker RelationsBusiness DevelopmentEvent OrganizationProduct PromotionMarket AnalysisComplianceRelationship BuildingEnglish Fluency

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

The role requires team members to be primarily in the office to support in-person collaboration, which is a vital part of AIG's culture.

What benefits are offered for this role?

AIG offers a comprehensive Total Rewards Program that includes benefits focused on health, wellbeing, financial security, and professional development.

What qualifications and skills are required for the Business Development Manager role?

A Bachelor’s degree or above is required, with P&C Insurance or broking experience preferred, along with experience servicing major enterprise accounts, good interpersonal skills, teamwork, high responsibility, resilience, self-driven nature, and fluent English.

What is the company culture like at AIG?

AIG values in-person collaboration as a vital part of its culture to foster effective teamwork and a supportive, connected environment.

What makes a strong candidate for this Business Development Manager position?

Strong candidates will have a Bachelor’s degree, P&C insurance experience, skills in managing enterprise accounts, excellent interpersonal and teamwork abilities, resilience, self-motivation, and fluency in English.

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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