Head of Casualty FAC Reinsurance, GCC
12 hours ago
Job Purpose The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC&NA Cluster. This role will be responsible for Profit and Sales for the Casualty division focused on Commercial General Liability Workers Compensation / Employers Liability Defense Base Act Commercial Auto Product Recall and Environment Impairment Liability. Additionally this role will also be responsible for oversight of underwriting staff portfolio management building and enhancing broker and insured relationships training & developing current underwriting teams hiring additional staff maintaining profitability and development/execution of successful business plan. Qualifications & Education Degree/Insurance Qualifications Experience in underwriting and handling Casualty Portfolio No mandatory external training Extensive underwriting and market knowledge Accountabilities Portfolio Management Ownership of Casualty Reinsurance P&L. This includes taking corrective measures on GOE NLI and acquisition costs wherever required. Ensure adherence to Casualty Underwriting Guidelines as set forth by the Chief Underwriting Office. Ensure all relevant tools such as but not limited to Duck-Creek or equivalent rater local rating guidelines and all other guidelines set locally in support of underwriting strategy are strictly followed. Responsible for maintaining a profitability portfolio of all Casualty lines including but not limited to CGL WC/EL DBA Commercial Auto Product Recall and Environment Impairment Liability. Responsible for working with the Chief Underwriting office to develop local strategies which may deviate from global strategies. Retention and New Business Development Maintain strong broker/client relationships. Generate new business from existing producers and up-sell current accounts. Ensure account retention rates are maintained as per company/department norms. Review / refresh existing products on 18/24-month cycle. Innovation and development of new products or offerings on 18/24-month cycle. Ensure the use of technology mainly for high volume small ticket policies. Bring in efficiency to existing processes by using the available technologies. Provide all possible support and guidance to the team for both personal and professional development. Including but not limited to technical development confidence building strategies and direction clear communication etc. Ensure team performance is in line with Company / Department norms. Ensure that the team achieves individual and company objectives. Internal Senior Management and Referral points Claims adjusters Business development managers Lawyers Compliance officers Finance External Brokers Clients Risk Managers Loss adjusters Key Competencies Effective analytical skills Strong interpersonal and communication skills both written and verbal Negotiation skills and the ability to influence others Extensive underwriting experience in direct insurance and reinsurance markets Strong underwriting skills with high expertise in risk evaluation and pricing Strong marketing and relationship skills in balance with profit-oriented goals of the department / company Well established contacts with clients and Business Producers Confident decision-making skills Problem-solving skills and a logical approach to work Self-motivation Sound judgement Ability to work to tight deadlines Team player Customer service skills. Functional Area UW - UnderwritingAIG MEA Limited Required Experience Director Equal Opportunity Employer 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 . #J-18808-Ljbffr
-
Head of Casualty FAC Reinsurance, GCC
2 weeks ago
Dubai, United Arab Emirates AIG Full timeHead of FAC RI, GCC & NA Join to apply for the Head of FAC RI, GCC & NA role at AIG. Job Purpose The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC & NA Cluster. Responsibilities / Job Accountabilities Portfolio Management and oversight of underwriting staff. Ownership of Casualty Reinsurance...
-
Director, Casualty Reinsurance
3 weeks ago
Dubai, United Arab Emirates AIG Full timeA leading insurance company in Dubai seeks a Head of FAC RI, GCC & NA to manage the Casualty Reinsurance Portfolio. The role involves overseeing underwriting staff, maintaining profitability, and developing strategies with the Chief Underwriting Office. Candidates should have relevant qualifications and extensive market knowledge. This full-time position...
-
Head of FAC RI, GCC
3 weeks ago
Dubai, United Arab Emirates AIG Full timeHead of FAC RI, GCC & NA Join to apply for the Head of FAC RI, GCC & NA role at AIG. Job Purpose The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC & NA Cluster. Responsibilities / Job Accountabilities Portfolio Management and oversight of underwriting staff. Ownership of Casualty Reinsurance...
-
Head of FAC RI, GCC
3 weeks ago
Dubai, United Arab Emirates AIG Full timeHead of FAC RI, GCC & NA Join to apply for the Head of FAC RI, GCC & NA role at AIG. Job Purpose The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC & NA Cluster. Responsibilities / Job Accountabilities Portfolio Management and oversight of underwriting staff. Ownership of Casualty Reinsurance...
-
Head of Casualty FAC Reinsurance, GCC
3 weeks ago
Dubai, United Arab Emirates AIG Insurance Full timeJob Purpose The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC&NA Cluster. This role will be responsible for Profit and Sales for the Casualty division focused on Commercial General Liability Workers Compensation / Employers Liability Defense Base Act Commercial Auto Product Recall and...
-
Head of Casualty FAC Reinsurance
2 weeks ago
Dubai, United Arab Emirates AIG Insurance Full timeJob Purpose The purpose of this job is to manage the Reinsurance Casualty Portfolio for all geographies under the purview of GCC&NA Cluster. This role will be responsible for Profit and Sales for the Casualty division focused on Commercial General Liability Workers Compensation / Employers Liability Defense Base Act Commercial Auto Product Recall and...
-
Head of Casualty FAC Reinsurance, GCC
3 weeks ago
Dubai, United Arab Emirates American International Group Full timeLI- AIGAt 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...
-
Head of Casualty FAC Reinsurance
2 weeks ago
Dubai, United Arab Emirates American International Group Full timeLI- AIGAt 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...
-
Head of Casualty FAC Reinsurance, GCC
5 days ago
Dubai, United Arab Emirates American International Group Full timeFunctional Area: UW - UnderwritingAIG MEA Limited LI- AIGAt 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...
-
Head of Casualty FAC Reinsurance, GCC
12 hours ago
Dubai, United Arab Emirates American International Group Full timeFunctional Area: UW - UnderwritingAIG MEA Limited LI- AIGAt 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...