Financial Lines Underwriter

Posted:
7/14/2024, 5:00:00 PM

Location(s):
Seoul, South Korea

Experience Level(s):
Mid Level

Field(s):
Sales & Account Management

Financial Lines Underwriter, South Korea

Join us as a Financial Lines Underwriter to make a greater impact through your technical expertise and people skills.

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.

How you will create an impact

  • This role is your opportunity to drive profitable growth in Financial Lines by working on creative solutions for complex risks. You will be responsible for overall underwriting management of FL team’s products, especially, PI / K&R / Cyber and D&O as well.
  • You will manage portfolio inclusive of underwriting individual risk, controlling loss and combined ratio, managing capacity, setting up strategy, adopting new product and communicating with regional team.
  • You will also be responsible for channel management including Broker, Agency, AIG AD for production activities.
  • Keep analyzing and being updated with market trends and ascertain the resulting activities to boost up FL production from Branches along with marketing strategies, training and communication.
  • You will need to assist & deputizing in setting up financial objectives of Financial Lines via both budget process and production follow-up activity to achieve the objective set, and assist & deputizing in Financial Lines overall P&L management
  • Provide trainings to distribution channel effectively to promote Financial lines products

What you’ll need to succeed

  • At least 3 years of underwriting experience, with good knowledge of General Insurance with broad industry networks with good market reputation
  • The ability to properly underwrite risks based upon deep knowledge about product, coverage, and most importantly underwriting guideline
  • Confident professional with ethical level in accordance with assigned authority & NY guideline
  • The ability to read market trend & movement and search for niche market for FL business
  • Client relationship management skills, come up with retail marketing plan and to lead internal ales distribution channels
  • Excellent departmental data management skills research data & information
  • High proficiency in English and Korean, both speaking & writing
  • Good communication & presentation skills, Networking & relationship building skills, a good team player
  • Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable

#LI-SK1

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 Korea Inc. (South Korea)

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