Head of Underwriting, Singapore

Your future team

AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.

Your contribution at AIG

As a Leader, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes.Your responsibilities include:
Core Underwriting

Oversee and manage all underwriting aspects of various Accident and Health products within local authority.
Underwrite both individual and Group Personal Accident and supplemental health risks within delegated authority.
Delegate Authority and provide Underwriting direction to all Underwriters.
Ensure all wordings comply with Corporate and Underwriting guidelines.
As the accountable party, work with legal and compliance on policy wordings, marketing collaterals and other regulatory and compliance issues as and when required.
Maintain oversight of all Underwriters risk appraisal and pricing practices to ensure appropriate risk selection at target underwriting margins.
Ensure aggregation and exposure levels are appropriate for the risk, well documented and training and audit is carried out as required to maintain compliance.
Liaise with regional or global teams to obtain approval on risks which exceed local authority.
Liaise with Regional Underwriting Manager and Regional Actuaries on product/benefit pricing.
Assist is identifying under-performing or high-risk segments and provide Underwriting recommendation and direction as required.
Assist in producing detailed Underwriting reports that may be required by management as and when necessary.
Manage, delegate and mentor a team of Technical Underwriters.

Product Management

Maintain Underwriting leadership in terms of product construct and coverages during the product development process with a key focus on customer centricity and fairness.
Local owner of policy wordings while collaborating with product development and marketing teams on brochures and other materials as required.

Quality Control

Maintain oversight, registration and version control over all Policy Wordings and Endorsements.
Ensure 100% compliance on quarterly self-audit accompanied by recommendations which could be used to identify individual or group training needs.
Accountable for Validation of underwriting system inputs led by the team of underwriters.

Training and Development

Provide necessary and periodic training and guidance to operations related to underwriting.
Responsible for training underwriters along with the ownership of their future training needs for professional development.

What we are looking for

Minimum 10 years of underwriting experience with focus on accident and health product segment
Highly analytical and meticulous with great attention to details; good problem-solving, communication and interpersonal skills
Shows initiative and good business judgment
Self-motivated and capable of working independently
Team leader and team player
CGI or PGI and BCP; HI qualified
Degree preferably with major in Business or Insurance related studies.

LI-RO1

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

**Functional Area**:
UW - Underwriting

**Estimated Travel Percentage (%)**: No Travel

**Relocation Provided**: No

AIG Asia Pacific Insurance Pte. Ltd.