Casualty Product Officer

2 days ago


Atlanta, Georgia, United States AIG Full time
Transforming Insurance Solutions

AIG is reimagining the way we help customers manage risk. As a Casualty Product Officer, you will play a key role in this transformation by developing and leading product development initiatives across all business units in North America.

Key Responsibilities
  • Develop and lead product development and product management initiatives across all business units in North America, including Canada.
  • Lead/coordinate the Casualty Standard Commercial Underwriting Platform (SCUP) initiative for all Casualty products.
  • Help develop product development governance structure and processes for evaluating new product requests and drafting of forms and endorsement.
  • Coordinate and lead the aggregation and integration of the Casualty and other forms libraries into the Global Forms Library.
  • Establish procedures that will coordinate the ingestion of bureau/ISO forms and assure the timely assumption of form and rate filings across all businesses including Casualty.
  • Assure regulatory compliance for all aspects of product development.
  • Develop and deliver product development guidelines within the framework of risk appetite, underwriting appetite, limits management and emerging risks.
  • Work with business leaders and CUOs to develop, position, market, and deliver innovative, market-leading products in a manner that effectively leverages our strengths and creates a competitive differentiation in the marketplace.
  • Collaboratively develop the product development business strategy to successfully propel segments into a significant and profitable long-term, sustainable leadership position in the marketplace in support of the company's ROE objectives over the long-term.
  • Drive underwriting excellence across businesses through quality assurance practices and training.
  • Develop a culture of regulatory and compliance and ensure AIG stakeholders understand the risks we assume.
Requirements
  • 10+ years of insurance leadership and US Liability experience.
  • Expert technical underwriting background in the related Casualty products (Auto, Excess, GL, WC).
  • A deep understanding of product development, portfolio management and profitability drivers.
  • Proven Strategic Leadership skills in developing vision and purpose, driving for results and leading effective teams.
  • Established strong relationships with internal and external stakeholders.
  • Skilled leader of change; versatile, client focused, results oriented.
  • Demonstrated business savvy, analytical and quantitative skills.
  • Strong problem solving and conflict resolution experience.


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