Functional Area : UW - Underwriting Estimated Travel Percentage (%) : Up to 25% Relocation Provided : No AIG Europe S.A. Role Profile : Regional Underwriting Manager of A&H - Europe Role can be based in any European Country As of July 2019 Role description : A senior leadership position reporting to the Europe Head of A&H, this position will support development and monitoring of A&H product strategy, P&L, and talent management.
Responsibilities include developing and delivering on underwriting strategic objectives including setting, overseeing adherence to pricing guardrails.
In addition the role will play a vital role to build, drive and implement the A&H business of tomorrow including product development of new risks and support country PD and governance according to global guideline.
The current geographic footprint includes 16 countries. Execution of the Europe A&H underwriting strategy Expert understanding of the A&H business model E2E, group and individual product suite, underwriting methodology, and the risks we assume Drive 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.
Establish strong relationships with Regional leadership; create mutual understanding of overall product strategy to drive effective execution of business model 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 Review an implement global 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 Provide leadership and act as referral point for Country Lead Underwriters Referral point for Home office referrals Oversight of contractual documentation including policy wording sign-off Monitor financial performance against strategic objectives and financial metrics Support to reinsure that 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 Work with external business partners development of strategic partnerships Demonstrate understanding of regulatory and compliance processes and actively participate in relevant governance committees Drive collaborative behaviour with leadership team across the wider business Location : Continental Europe Reporting Lines Reports to : Europe Head of A&H Leadership Skills : Proven Strategic Leadership skills in developing vision and purpose, driving for results and leading effective teams Experience of working as part of a senior management team and leading and articulating organisational strategy 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 : At least 7 years insurance underwriting leadership experience, including oversight over multiple products, channels and geographies including P&L responsibility Deep expertise in A&H, expert technical underwriting background Broad and extensive A&H underwriting exposure Re-Insurance experience An in-depth 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 Established strong relationships with customers, intermediaries, and regulators Demonstrated business savvy, analytical and quantitative skills Up / Down stakeholder management Managing multi-disciplined teams Strong leadership and influencing skills at a senior level It has been and will continue to be the policy of American International Group, Inc.
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