Underwriter - Marine at AIG

--Powermax General Electrical Merchants Ltd--

Job Description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Marine Underwriter to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Job Industry

Insurance

Job Salary Currency

Job Salary Fixed

No

Key Deliverables

Technical Underwriting

  • Underwriting marine business within underwriting authority through a rigorous risk assessment process which includes consideration of loss control, claims history and all other appropriate risk management factors
  • Play an active role in the development and negotiation and sign-off of large programs by motivating limits and policy structures where referral is required.
  • Provide technical underwriting guidance to junior underwriters as directed by Profit Centre Manager
  • Ensure adherence with all underwriting guidelines and referrals
  • Interpret legal agreements and policies

Portfolio Management

  • Manage marine portfolio accounts in profitable and sustainable growth, constantly assessing overall performance of the portfolio and make recommendations for adjustments to the Profit Centre Manager as needed.
  • Provide accurate estimates and reports as required
  • Business development and retention
  • Keep abreast of market changes and trends
  • Seek opportunities to improve synergies and participate in cross-sell initiatives with other profit Centre’s
  • Develop and maintain strong personal and professional relationships with clients and brokers
  • Represent AIG on industry bodies and professional associations and organizations
  • Adhere to internal SLA’s to ensure operational efficiency and achievement of agreed customer service standards

Expense control

  • Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes.

Audit and Compliance

  • Ensure adherence to audit requirements
  • Ensure adherence to regulatory and compliance requirements

Essential Qualities

Essential Qualities
  • Graduate level degree in business, economics, insurance or marketing.
  • Insurance qualification
  • FAIS compliant


Application Process

Close Date

29/07/2025