Core Underwriting

• Oversee and manage all underwriting aspects of various Accident and Health products within local authority.

• Provide oversight for large projects and initiatives related to A&H

• Work along with Head of A&H to execute A&H plans and strategies across local markets

• Underwrite both individual and Group Personal Accident and supplemental health risks within delegated authority.

• Direct Accountability for the underwriting result with respect to Profitability, Business mix aligned with the Pricing assumptions and loss ratio of all risk classification .

• Lead the team of Production UWs, build strong relationship with the Alpha and Tier 1 brokers in driving New Business and Renewal Pipeline management for Group Business

• Delegate Authority and provide Underwriting direction to all Underwriters.

• Ensure all wordings comply with Corporate and Underwriting guidelines.

• As the accountable party, work with legal and compliance on policy wordings, marketing collaterals and other regulatory and compliance issues as and when required.

• Maintain oversight of all Underwriters risk appraisal and pricing practices to ensure appropriate risk selection at target underwriting margins.

• Oversee all quotation applications including risk appraisal and pricing considerations, and adequacy of these practices. 

• Ensure aggregation and exposure levels are appropriate for the risk, well documented and training and audit is carried out as required to maintain compliance.

• Liaise with regional or global teams to obtain approval on risks which exceed local authority. 

• Liaise with Regional Underwriting Manager and Regional Actuaries on product/benefit pricing.

• Assist in identifying under-performing or high-risk segments and provide Underwriting recommendation and direction as required.

• Manage, delegate and mentor a team of Technical and Production Underwriters

• Assist Regional UW manager and Head of A&H on A&H reinsurance opportunity.

Product Management

• Lead management and oversight of Product development for all A&H products both New, Renewal/Updated Product.

• Maintain Underwriting leadership in terms of product construct and coverages during the product development process with a key focus on customer centricity and fairness.

• Local owner of policy wordings while collaborating with product development and marketing teams on brochures and other materials as required.

Quality Control

• Maintain oversight, registration and version control over all Policy Wordings and Endorsements.

• Ensure 100% compliance on quarterly self-audit accompanied by recommendations which could be used to identify individual or group training needs.

• Accountable for Validation of underwriting system inputs led by the team of underwriters.

Training and Development

• Provide necessary and periodic training and guidance to operations related to underwriting.

• Responsible for training underwriters along with the ownership of their future training needs for professional development.  

What we’re looking for:

• Minimum 7 years of Technical underwriting experience with focus on accident and health product segment (Personal Accident/Critical Illness/Travel, Group/Individual)

• Experience with working with multiple channels (Agency/Partnership/Broker/D2C)

• Insurance leadership experience, including P&L responsibility

• Highly analytical and meticulous with great attention to details; good problem-solving, communication and interpersonal skills

• Shows initiative and good business judgment

• Knowledge of market segmentation, portfolio management, acquisition and distribution

• Self-motivated and capable of working independently

• Proven Strategic Leadership skills in developing vision and purpose, driving for results and leading effective teams

• Established strong relationships with customers, intermediaries, and regulators

At 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 asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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

AIG Insurance Hong Kong Limited