Lead A&H Underwriter, Frabelux

Make your mark in UnderwritingAIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.How you will create an impactThe Frabelux A&H Lead underwriter for Frabelux will report to France and Belgium PCMs. The role is responsible for developing and monitoring the A&H Underwriting Strategy for France and Belgium. The Head of Underwriting will be the one point of contact to ensure efficient flow of underwriting referrals. The role will provide leadership to a team of underwriters to drive high performance across the profit centre.Job ResponsibilitiesLead the Frabelux Underwriting strategy to meet planned financial and operating targetDirect accountability for the underwriting results with respect to profitability, business mix aligns with pricing assumptions and loss ratio of all risks classifications – manage the combined ratio on all books of underwritingProvide comment and analysis on financial metrics reporting as produced to support Head of Accident and Health and EMEA A&H RUMAchieve new business and retention objectivesDeliver on underwriting profit results with focus on loss ratio and combined ratioDrive collaborative behaviour across the wider businessGovern the Underwriting ProcessCoordinate 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 an appropriate pricing strategy is set within the A&H profit centreResponsible for implementing and oversight of the underwriting policy as directed by the EMEA Chief Underwriting Officer along with any training associated therewith.Manage the self-audit process, co-ordinates information and scheduling of Underwriting Audits. Develop and implement action plans based on audit recommendations and findings, achieve an overall satisfactory audit finding / improved audit finding based on the previous audit findingOversight and management of Peer ReviewsSupport administration of reinsurance treaties are in place. Establish facultative and local treaty reinsurance where required to meet strategic objectives of the A&H profit centreEnsure that adequate documentation is maintained to meet internal quality control and external regulatory and legal needsLead and support Product Development with actuaries and local teamsManage and oversight of product development for all A&H products, both new and renewal / updated productsOversight of contractual documentation including policy wording and sign-offResponsible for determining market pricing in consultation with actuarial to meet financial objectivesManage relationship with all relevant stakeholders, i.e. legal, compliance, regulatory, actuarial and othersManage and monitor multinational business, building successful partnerships and unlock opportunities in country and across the RegionTechnical Skills and Experience RequirementsMinimum of 8 plus years of technical Accident & Health and Employee Benefits underwriting experiencePrevious experience managing a team of underwritersAnalytical and quantitative skills – proven ability of managing complex data to make sound business decisionsProven ability to motivate, train and gain commitment from colleaguesStrong communication skills at all levels. Able to navigate complex matrixes within the organization, influence stakeholders and affect outcomesDemonstrated understanding of regulatory, legal and compliance processes to actively participate in relevant governance committeesStrong customer service ethic, with a sound understanding of the business processesKnowledge of market segmentation, portfolio management, acquisition, and multiple distribution systemsStrong presentation, prioritization, and time management – execution and results orientationAbility to work both independently and collaboratively within a teamBachelor / Master’s degree or equivalent experience preferredAIG 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. #J-18808-Ljbffr