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Casualty Product Officer

1 month ago

Atlanta, Georgia, United States AIG Full time
Transforming Risk Management at AIG

AIG is reimagining the way we help customers manage risk. As a Casualty Product Officer, you will play a crucial role in this transformation, developing innovative insurance solutions that address the exposures of companies and individuals.

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.
  • Establish strong relationships with product leadership; create mutual understanding of overall parameters and goals to drive effective execution of the product development business model.
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.
About AIG

AIG is a global leader in commercial and personal insurance solutions. We are one of the world's most far-reaching property casualty networks. 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.

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.