Senior Underwriter, SME / Business Package

AIG Insurance Hong Kong Limited

  • Quarry Bay, Hong Kong
  • Permanent
  • Full-time
  • 4 days ago
What you need to know:The successful candidate will play an integral role in all areas of our business pack product including sales, product development, pricing, planning & coordinate marketing activities with distribution channels.Support the team lead with our business strategy to successfully propel AIG Business Pack into a significant and profitable long-term, sustainable leadership position in the APAC marketplace in support of the company’s ROE objectives over the long-term. This includes detailed monitoring standards / quality reviews to assess loss ratios and underwriting results.Drive the AIG Business Pack vision and value proposition in close co-operation with Product leads that recognize changing business and competitive environment dynamics, key business drivers, and financial elements and demonstrate the value we bring to our clients.Coordinating underwriting excellence for the specialty Business Pack products, by ensuring adherence to risk appetite, line setting, standards and guidelines, and establishing rating and pricing adequacyContribute to the overall strategic direction and development of the Business Pack portfolio, review of electronic trading platform (Transact) including business rules and rating algorithm and drive improvements in operational efficiency.Collaborate with Actuarial on creating and maintaining proper pricing tools and techniqueDevelop alternative distribution channelsOversight of contractual documentation including policy wording sign-offEnsuring accurate and timely production of management information for senior managementEnsure the required standards of governance, systems and controls, and regulatory compliance are established and maintainedDemonstrating understanding of regulatory and compliance processesDriving collaborative behavior across the wider businessDrive a culture that promotes collaboration, diversity and inclusionRequirements:Ability to effectively adapt to cultural differences as well as to organizational demands.Work with a global perspective in different environments whilst understanding how your work links to other regional and global offices.Be flexible between acting as team player and operating as an individual leader and knowing when to emphasize these roles.The communications skills to engage a wider variety of stakeholders and creativity and innovation to participate in forward-looking processes.All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.

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