Marine Underwriter at AIG

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.

AIG is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Operating for more than 50 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.

Make your mark in Marine

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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

As a Marine Underwriter at AIG, you will be a key contributor to the existing portfolio and future growth of the portfolio. You will work closely with the Head of Marine, Pacific in developing and enhancing underwriting and broker relationship skills with the potential for intrastate and interstate travel.

Key accountabilities will include but not limited to:

• Responsible for the achievement of budgeted production objectives of the Marine Profit Centre.

• Assist in handling all aspects of the Processing and the Administration of Marine Profit Centre including production Estimates, debtors over 90 days and unallocated cash.

• Liaise with Manager to facilitate provision of current month, quarter and year to date production estimates for all minor lines

• Timely completion of monthly reporting of production and development activity, market intelligence and strategy

• Maintenance of activity records of quotations and strike rates

• Appropriately develop individual production budgets, visitation schedules, action plans in accordance with corporate direction

• Assist in the implementation business plans in accordance with corporate direction.

• Assist in the operations to ensure adherence to corporate guidelines

• Maintain agreed production targets by establishing accurate target listings by individual lines of business and utilizing Strategic Selling initiatives to achieve results

• Develop annual strategic account targets and detailed action plans for each Line of business in the Marine segment

• Risk Assessment and underwriting of Renewal Business and binding, presenting and issuance of terms and binding as required

• Identification, underwriting of New Business and binding, presenting and issuance of terms and binding

• Preparation and issuance of Policy wording documentation endorsements and other required documents and ensuring they are in accordance with corporate guidelines

• Completion, checking and issuance of documentation, underwriting worksheets, cover notes, insurance certificates in accordance with corporate guidelines

• Input of Quote Register data into Corporate system

• Referral of Renewal or New Business to Regional Product Line Manager which falls outside of underwriting authority

• Responsibility for quality, accuracy and completion of entries for accounts allocated into the GOALS system

• Maintain the integrity of all underwriting disciplines of all Marine business

• Ensure the maintenance / development of solid working relationships with all major clients and brokers of allocated accounts and potential new accounts, in the region

• Identification of business opportunities for other profit centres to support the companies cross marketing strategy

• Liaise with administration staff, legal, claims, finance and accounting and any other services centre to ensure awareness of underwriting and business activities support standards required.

• Leverage resources in NZ, the Region and Worldwide to continue to enhance the value proposition and market share in the segment

What you’ll need to succeed

• Relevant experience in the Marine market

• Experience Marine Insurance with a willingness to develop an understanding of Marine Cargo, Marine Liability and any other new Marine products that may be developed.

• Experience of understanding and executing underwriting guidelines, rating algorithms and product development preferred.

• Willingness to develop strong broker relationships and a service-oriented mind set

• Results oriented

• Strong negotiator

• Influencing, relationship building and communications skills

• Ability to work across multiple areas of company

• Strategic orientation, managing vision and purpose, developing organizational capability

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 candidatecare@aig.com.

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UW - Underwriting:

AIG Australia Limited: