Marine Underwriting Director
5 days ago
Job Overview
A Marine Underwriting Director at AIG is responsible for leading the marine underwriting team to ensure effective and efficient risk management.
About the Role
This senior leadership position oversees the development and implementation of underwriting strategies, policies, and procedures to drive business growth while maintaining a strong risk profile.
Key Responsibilities
- Develop and implement underwriting strategies to optimize portfolio performance
- Lead the underwriting team in reviewing and recommending underwriting processes improvements
- Collaborate with senior underwriting leadership to evaluate brokers' services and provide expert guidance
- Oversee the expert reviewer process and ensure feedback is acted upon by underwriters
- Manage delegated underwriting management function ensuring adherence to underwriting disciplines and controls
- Participate in sign-off process of binding authorities
- Manage wordings function and oversee external claims peer review processes
- Provide expertise and knowledge for independent peer review of claims
- Deliver regular quantitative and qualitative reports to Claims and Senior Management
Requirements
- Deep technical expertise and knowledge of marine products and underwriting processes
- Proven track record in senior underwriting leadership positions, influencing across teams and ensuring processes are adhered to
- Leadership skills to engage technical, operational, and underwriting teams
- Critical thinking and decision-making abilities with strategic perspective
- Agility in adapting to cultural changes, pace, and future focus
- Cultural adaptability and ability to influence multiple stakeholders
- Commercial edge to identify risks and ensure processes support underwriting discipline
What We Offer
AIG provides an attractive compensation package, including a salary range of $150,000 - $200,000 per annum, based on experience and qualifications. The company also offers comprehensive benefits, flexible work arrangements, diversity and inclusion learning opportunities, and Employee Resource Groups (ERGs).
Benefits
- Total Rewards Program, offering health, wellbeing, and financial security benefits
- Flexible work arrangements to balance personal and professional life
- Diversity and inclusion learning opportunities to foster a culture of belonging
- Employee Resource Groups (ERGs) to connect with colleagues from diverse backgrounds
Culture of Belonging
AIG values its employees as its greatest asset. The company fosters an inclusive culture where every individual feels valued, respected, and empowered to contribute their unique perspectives and talents. With a commitment to equal opportunity and reasonable accommodations for individuals with disabilities, AIG creates an environment that encourages collaboration, innovation, and success.
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