Head of Major Accounts, Casualty at AIG

Hong Kong

AIG Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • High degree of business acumen developed over years of experience in Insurance
  • Proven leadership experience in the Casualty product line, with a successful record in managing and growing a profitable portfolio of risks
  • Deep technical underwriting expertise within the Major Accounts segment, specifically relating to General & Products Liability, Umbrella and Excess Liability
  • Proven people management skills and a record of developing colleagues and team members, as well as contributing to the broader company group through collaboration and sharing insight
  • Ability to analyse financial statements from both a portfolio management and underwriting perspective
  • Strong communication skills
  • Energetic and experienced leader suited for a role combining leadership, technical expertise, and relationship management

Responsibilities

  • Lead the Major Accounts team, managing a team of highly experienced and skilled underwriters who handle the portfolio of most complex risks
  • Act as the face of AIG for largest Casualty clients, in conjunction with the Head of Casualty, Hong Kong & Macau
  • Take ownership for achieving goals and outcomes, managing colleagues, and overseeing a range of programs and processes, in addition to complex underwriting
  • Understand financial metrics to actively manage and report key Business Drivers for the Major Accounts portfolio to senior country, regional, and international product leaders
  • Drive the AIG value proposition for key industry segments across the market that fit within underwriting appetite, business rules, and guidelines; play a key role in new business development, attend broker events, and build new relationships
  • Manage own portfolio of complex risks, whilst overseeing and supporting team members to underwrite risks across a wide range of industry sectors (e.g., Manufacturers, Property Owners, Retailers, Power, Construction, Oil & Gas)
  • Balance the needs of multiple stakeholders and make sound decisions using data, analytics, experience, judgement, and a balanced risk mind-set
  • Build effective relationships with brokers and clients, delivering a high standard of customer service as an example for the team
  • Promote a culture of collaboration, inclusivity, and learning; mentor and develop colleagues through effective leadership, role modelling, and training programs to facilitate personal growth and career development in support of succession planning

Skills

Casualty Underwriting
Team Leadership
Portfolio Management
Financial Metrics
Risk Management
Relationship Management
Business Reporting
Insurance Underwriting
Multinational Clients

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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