Assistant Underwriter, Property

4 weeks ago

Singapur, Singapore AIG Full time

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Assistant Underwriter, Property to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark as a leader in Property Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

  • Support the Underwriters on underwriting analyses and portfolio review for the the retail segment.
  • Basic underwriting of new Direct Insurance and Facultative Reinsurance Property businesses / renewals from Agents/ Brokers / Cedants in accordance to underwriting authority & guidelines.
  • Process simple endorsements.
  • Summarize and send submission to shared service center for them to generate e-start, claims statistics and Sanction/OFAC.
  • Consolidate e-start submission summary and help underwriters to update the pipeline list.
  • Prepare premium booking sheet and check premium booking and match it with invoices generated.
  • Follow up policy, tax invoice and other related documents issuance and deliver them to broker/co-insurers/producers.
  • Help underwriters to follow up on outstanding premium, engineering/coinsurance fee with intermediaries and make sure collection on time.
  • Consolidate and monitoring on site survey arrangement for the key accounts together with underwriters and engineers to make sure provide loss control service in time.
  • Monthly contract certainty report and other reports requested by Regional Office and Home Office.
  • Help underwriters to prepare all the documents for internal or external audit.
  • File filing works - keep business records complete in the e-filing system and hard copy records.
  • Supervise the administration of policy document, premium booking, credit control & data quality management.
  • Comply with internal and external audit requirement.
  • Manage timely delivery of quotations, documents & reports.
  • Participate in ad-hoc global Underwriting Insurance and Facultative Property Reinsurance.

What you’ll need to succeed

  • Technical underwriting experience in complex Property accounts is desired.
  • Analytical individual with strong business acumen.
  • Knowledge of local and Asian insurance markets.
  • General Insurance Certified (BCP, PGI, ComGI).
  • Proficiency in Microsoft office applications.
  • Able to balance underwriting, marketing, and client’s management responsibilities.
  • Team player, with an ability to build relationships with external business partners and internal stakeholders.
  • Effective communication and negotiation skills.

Ready to take your career to the next level? We would love to hear from you.

#LI-RO1

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

Functional Area:

UW - Underwriting

AIG Asia Pacific Insurance Pte. Ltd.

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