MLC Underwriting Manager, Italy

Posted:
10/10/2024, 5:09:59 AM

Location(s):
Milan, Lombardy, Italy ⋅ Lombardy, Italy

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Product ⋅ Sales & Account Management

MLC Underwriting Manager

Make your mark in Underwriting

AIG 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.

The responsibilities for this role include:

•Manage underwriters directly, monitoring progress on goals and objectives

•Achieve production goals including profitability. Manage monthly production process

•Drive facility and program new business opportunities

•Track monthly, quarterly, and annual metrics, including, but not limited to: GPW, NPW,rate, new business, lost business and submissions.

•Ensure FL underwriting strategy provided by PCM is implemented in line with what required for Italy

•Develop Financial Lines MLC, Munis & Legal expenses Underwriting strategy to achieve a profitable growing portfolio that matches customer demand, including channel and go-to-market strategy

•Ensure that underwriters act within agreed decision making standards, limitations, and underwriting authority

•Ensure an effective referral process for accounts

•Maintain a pipeline of products for development or updating. Be aware of changes in laws pertains to insurance and/or potential relevant profit centre products.

•Implement all regional and global products that impact his line of business in a timely manner

• Ensure timely reporting of estimate performance

• Ensure compliance with key regulatory and risk management responsibilities

• Retain talented people by creating opportunities for personal development of underwriters; ensuring training of underwriters; and providing mentoring and career guidance as necessary.

• Develop a clear sales and marketing plan for key growth lines of business

• Constantly review underwriting processes to achieve operational efficiencies

• Build key relationships with all key brokers

• Implement and grow alternative sources of business

• Ensure Underwriting Excellence is used and accurate (Raters, Peer Reviews, AQI etc)

What we’re looking for:

• Excellent oral and written communication skills. Excellent verbal, written and presentation skills are essential

• Ability to deal well with ambiguity, conflict and difficult situations.

• Ability to juggle multiple priorities and deal with change in a pro-active and positive manner.

• Solid leadership and or managerial experience with the ability to make decisions

• Demonstrated ability to work in a fast passed and dynamic environment

• Excellent interpersonal skills with ability to build relationships at all levels

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 [email protected].  

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Europe S.A.- General Representative for Italy

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management