Senior Commercial Property Underwriter – FAC RI### Senior Commercial Property Underwriter – FAC RIApply: Dubai: Full time: Posted Today: JR #LI- AIG **Senior Commercial Property Underwriter – FAC RI**At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Commercial Property Underwriter- FAC RI 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 in Underwriting**AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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**Commercial Property underwriters assess and evaluate risks and decide on the appropriate insurance terms and conditions to cover such exposure and their impact on the broader portfolio performance.The position also mandates close interaction with PCM and regional heads for the purpose of making portfolio level decisions when it comes to strategies/initiatives, pricing, occupancy mix, underwriting tools and guidelines.The job involves working closely with actuaries, engineers, brokers, cedants and claims managers in order to: Price risks appropriately, build a diverse profitable portfolio with a large customer base, understand exposure to control volatility and contribute to the department’s and company’s overall financial targets.**What you’ll need to succeed*** Qualifications and Education: Master/Bachelor degree in Engineering management or business management.* Experience: Experience in CP underwriting, Insurance industry knowledge, Claims Experience.* Training: No mandatory external training but would include internal & external training related to the job requirements.* Knowledge: Extensive underwriting market knowledge, and Claims Experience. **Job Accountabilities** * Manage existing renewal portfolio and secure new business accounts – regular market visits to ensure good submission flow.* Achieve budgeted top line production and bottom line results – ensuring target growth, profitability and account retention is achieved via taking sound underwriting decisions on daily basis.* Educate local business community on property products and presentations and seminars for clients.* Maintain awareness of legal and regulatory environment to ensure underwriting compliance – complete all mandatory AIG training courses; ensure knowledge on regulatory developments is up to date.* Report on budget metrics and prepare forecasts on future periods – keep accurate track of production and various performance parameters.* Keep up-to-date of market changes and trends and develop strong personal and professional relationships with clients and brokers – regular market / producer meetings, attend industry events/ seminars, etc.· Portfolio Analysis· Contributing to the development of expertise and knowledge of the team members especially the new and junior underwriters from different regions· Participating in an active way to maintain a good team spirit and motivated staff.· Facultative Reinsurance placement – as applicable and when needed· Liaising with Accounting and Claims department by providing required information and participate in relevant meetings· Taking active part in presentations, seminars and internal technical trainings.· Conducting regularly engineering surveys with our risk engineers focusing on the large/complex and high hazard risks. **Communication and Working Relationships** Internal* Senior Management and Referral points (CUO)* Field & Account Engineers* Claims Department* Business Development Managers* Legal team* Compliance officers* FinanceExternal* Clients* Brokers* Cedents* Loss adjusters **Key Competencies*** Effective analytical skills* Strong interpersonal and communication skills, both written and verbal* Negotiation skills and the ability to influence others* Extensive underwriting experience in direct insurance and reinsurance markets* Strong underwriting skills with high expertise in risk evaluation and pricing* Strong marketing and relationship skills in balance with profit oriented goals of the department / company* Well established contacts with clients and Business Producers* Confident decision-making skills* Problem-solving skills and a logical approach to work* Self-motivation* Sound judgement* Ability to work to tight deadlines* Team player* Customer service skills.Ready to take your career to the next level? We would love to hear from you.At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.**Enjoy benefits that take care of what matters**At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.**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 inclusion**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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 Area:UW - UnderwritingAIG MEA Limited
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