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Regional Senior Underwriter, A&H EMEA

Regional Senior Underwriter, A&H EMEA

AIGMadrid, Comunidad de Madrid, España
Hace 7 días
Descripción del trabajo

2 days ago Be among the first 25 applicants

Regional Senior Underwriter - A&H EMEA

Regional Senior Underwriter - A&H EMEA

Location : This role is to be based in one of our EMEA AIG offices.

Report to Regional Underwriting Manager of A&H, EMEA

Role Description

This position will support development and monitoring of A&H EMEA UW strategy, will be responsible for driving high-performance within the A&H profit centres playing a key role in the delivery of the Regional A&H strategy. Reporting to the A&H Regional Underwriting Manager –EMEA, you will work with an experienced team to help drive profitability and growth.

Responsibilities include delivering on underwriting strategic objectives including overseeing adherence to pricing guardrails. In addition, the role will play an important role to build, drive and implement the A&H business of tomorrow supporting country PD and governance according to global guideline. Proficient understanding of the A&H business model E2E, group and individual product suite, underwriting methodology, and the risks we assume.

  • Coordinate underwriting excellence across the A&H product line, by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensure rating and pricing adequacy.
  • Ensure business written within the A&H profit centre is in line Insurance risk policy
  • Ensure an appropriate pricing strategy is set within the A&H profit centre
  • Ensure that accurate and timely management information is produced for senior management
  • Review and support the implementation of regional underwriting guidelines to set out how strategic objectives are to be executed within the A&H profit centre
  • Implement appropriate delegations of underwriting authority, and to ensure these are documented, communicated and adherence to these is monitored
  • Act as referral point for Country Lead Underwriters and prepare Home office referrals
  • Oversight of contractual documentation including policy wording sign-off
  • Manage and monitor multinational business, building successful partnerships and unlock opportunities across the Region
  • Provide comment and analysis on financial metrics reporting as produced by A&H profit centers
  • Support administration of reinsurance treaties are in place and to put in place facultative and local treaty reinsurance where required to meet strategic objectives of the A&H profit centre
  • Ensure that adequate documentation is maintained to meet internal quality control and external regulatory and legal needs
  • Demonstrate understanding of regulatory and compliance processes and actively participate in relevant governance committees
  • Drive collaborative behaviour across the wider business

Job Skills

  • Strong execution and results orientation
  • Continuous seeking knowledge and improvements in the underwriting practice
  • Proven ability to motivate, train and gain commitment from colleagues
  • Strong communication skills. Able to navigate a complex matrixes organization, influence stakeholders and affect outcomes
  • Proven ability to manage a broad range of stakeholders
  • Highly collaborative approach across functions and geographies
  • Ability to manage and influence in a matrix structure and across a wide geography
  • Ability to work both independently and collaboratively within a team
  • Technical Skills And Expertise

  • Strong and relevant insurance underwriting experience, including oversight over multiple products, channels and geographies
  • Deep expertise in A&H, expert technical underwriting background
  • Broad and extensive A&H underwriting exposure
  • Fluent in English is a MUST.
  • Reinsurance experience
  • Strong understanding of aggregation monitoring
  • Strong analysis skills with proven ability of managing complex data to make sound commercial decisions
  • Knowledge of market segmentation, portfolio management, acquisition and distribution
  • Demonstrated business savvy, analytical and quantitative skills
  • We are an Equal Opportunity Employer

    It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

    Ready to apply? 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

    Functional Area

    UW - Underwriting

    AIG Europe S.A. (Spain branch)

    Seniority level

    Seniority level

    Mid-Senior level

    Employment type

    Employment type

    Full-time

    Job function

    Job function

    Finance and Sales

    Industries

    Insurance

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    Senior Underwriter • Madrid, Comunidad de Madrid, España