American International Group

Join us as a Reserving Actuary to take your career to the next level with an international market leader. This is a fantastic role for a part qualified or nearly qualified actuary who wants to progress their career. You will be on the front line and will get exposure to a broad range of senior stakeholders across the business, including the Chief Actuaries and Underwriters, and you will have the opportunity to get involved in some interesting global transformation projects. The insights you derive from reserving will drive underwriting strategy and you will have the opportunity to make a real impact on the business. Make your mark in Actuarial Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk. How you will make an impact The role involves leading the regulatory reporting activities for AIG UK and AIG Europe, in addition to overseeing the production of reserving analyses for Lex-London and other key actuarial analyses. Some of the key responsibilities include: Oversee the production of the Solvency II technical provisions and associated Pillar III returns. Lead the annual Detailed Valuation Review ("DVR") of the underlying SII assumptions (e.g. ENIDs, expenses, cashflow patterns, FMAs etc.) and communicating results to actuarial and non-actuarial stakeholders. Manage the review process with UK & EMEA Chief Actuaries and other key stakeholders. Maintain and develop key templates required for the capital model calibration process. Assist with queries and requests from the Prudential Regulation Authority ("PRA") and Commissariat aux Assurances ("CAA"). Act as the actuarial business partner for Lex-London portfolio, involving the production of reserving results and analytics to be presented to key stakeholders, including significant exposure to Senior Underwriting Management. Perform reserve analyses and peer reviews for US domiciled business across all Product Lines. Lead the actuarial reserve review for Periodic Payment Orders ("PPOs"), providing recommendations on ultimate reserves positions, IBNR and reserves uncertainty. Produce quarterly cashflow analytics used for investment management and business planning. Manage and develop junior actuarial staff. What you'll need to succeed: BS in Actuarial Science, Mathematics, Statistics, or related field Significant experience in Reserving and calculation of the Solvency II technical provisions Proven proficiency in actuarial concepts/methodologies Strong analytical and problem-solving skills Strong business and collaboration skills; responsive to service needs and operational demands Expertise in Excel, Access, VBA, SQL, or other programming languages Excellent communication, presentation, and interpersonal skills 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 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 .

Delegated Authority Claims Manager page is loaded Delegated Authority Claims Manager Apply locations Manchester Croydon time type Full time posted on Posted 2 Days Ago job requisition id JR At AIG, we are reimagining the way we help customers to manage risk. Join us as a Delegated Authority Claims Manager to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Claims! Our Claims teams are the proven problem solvers of choice for clients, delivering consistent technical excellence and showcasing our service differentiation to create an unparalleled global claims handling experience. Through a robust stakeholder feedback loop and supported by consistent processes and leadership, we take pride in delivering responsive, fair and professional service with empathy and efficiency. About the role Reporting into the UK Head of Casualty claims, the role will be a key member of the management team and provide support to all claims LoB. The role will primarily be responsible for oversight and management of claims TPAs with delegated authority. This is a technical role supporting with oversight of TPAs post the 'on-boarding' process, to monitor the cost and outcomes of claims and identify opportunities for improvement or remediation. The role will work in close collaboration with the UK Head of Claims Operations, the Claims TPA Governance Manager and their respective governance and operations teams. How you will create an impact Management of the oversight of TPA with delegated claims authority, their performance, claims outcomes and adherence to contractual requirements Analytical focused and detail orientated, perform regular trend analysis of the claims MI to measure and benchmark TPA performance and particularly claims outcomes Support in the early detection of high value claims likely to breach the agreed delegated authority, monitoring of aggregates and adequacy of loss funds (including lapsed and 'run-off' accounts) Manage remediation of any exceptions and working closely with key stakeholders as appropriate Full oversight of the claims bordereau processing activity performed by the global payment & processing teams, including oversight of the BDX and financial reconciliation process to ensure there remains alignment between the claims bordereau, any applicable loss fund, reserves and claim payments Provide key monthly claims metric reporting Ensure adherence to regulatory requirements including, but not limited to, Consumer Duty, Operation Resilience and Business Continuity and working closely with key stakeholders Full understanding of the TPA on-boarding process, due diligence & contractual requirements. On occasions support the on-boarding process. What you'll need to succeed Strong technical and operational skills gained in an insurer or legal background A technical expert in Casualty EL/GL claims, Motor and knowledge of one or more commercial LoBs advantageous Excellent communication skills with the ability to influence stakeholders across all levels including senior management Superior knowledge of Microsoft Excel & Power BI is essential Strong financial acumen and intuition with the ability to handle large and complex issues/data Ready to take the next step in your career? We'd love to hear from you! 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 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 . Functional Area: CL - Claims AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd

Senior Casualty Underwriter - Lex London Senior Casualty Underwriter - Lex London Apply locations London time type Full time posted on Posted Yesterday job requisition id JR For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 100 leaders to smaller but complex risks. As a leading surplus lines insurer, we use our unique flexibility in rate and form to benefit both traditional and the most challenging risks. AIG Lex London are a leading provider of excess casualty products in the surplus lines market. Lex-London underwriters combine deep expertise with a broad appetite for risk and are empowered to deliver for our clients and brokers. Your future team: AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation. AIG's underwriters help to find insurance solutions for risks from a range of areas including casualty, environmental, catastrophic events, and boardroom liabilities. How you will make an impact: As a Senior Underwriting Specialist you will be focused on maintaining and developing a profitable book of Excess Casualty business. This position will be responsible for analysing and evaluating risks, recommending, or deciding to accept, reject, or modify risks and coverage conditions within limits of delegated authority and in accordance with established underwriting guidelines to achieve underwriting profitability objectives. These duties and responsibilities will include: Focus on US Energy and Construction business underwritten from the London Market. This level underwriter typically performs highly technical complex assignments within area of expertise. Provides technical direction to management, less senior specialists, producers, and claims adjusting personnel. Communicate Excess Casualty risk appetite and NA Casualty Value Proposition to brokers. Accepts, declines, or modifies new and renewal submissions submitted by brokers. Identifies exposures and analysis required to underwrite an account, as well as the coverage policies, and determines the exposures to loss assumed and restricted by the insuring agreements and the exclusions. Manages a book of business and may participate in the formulation of the budget relative to regional budget/goals. Establishes new business production goals and submission flow relative to the book of business. Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross-selling opportunities from brokers while soliciting customer/producer input for improving and enhancing service. Develops and implements pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and NA Casualty strategy. What you'll need to succeed: Significant excess casualty insurance leadership experience. Knowledge of market segmentation, portfolio management, acquisition and distribution. Established strong relationships with customers and intermediaries. Demonstrated business savvy, analytical and quantitative skills. Expert technical underwriting background. Demonstrated sales, marketing, and relationship building experience. Candidate should be positive, energetic, self-motivated; possess strong interpersonal, communication and presentation skills; be well-organized, and have strong negotiating skills. Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions. 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. 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). 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.

Senior Underwriter, Renewables Join us as a Senior Renewables Underwriter to grow your career at the forefront of Energy insurance. Make your mark in Renewable Energy Our Renewables team underwrites a focused set of occupancies, targeting those key to the energy industry's successful transition to greener energy production and those set to grow the most in the coming years. How you will create an impact: Actively source and underwrite new business to meet profitability targets. Develop, grow, manage, and maintain a profitable book of Renewable Energy accounts. Underwrite in line with the Energy governance framework e.g. Underwriting Authorities, Underwriting Guidelines, and Functional Rules. Oversee a globally consistent data set of submissions and the historical loss results of that portfolio. Drive involvement of functional areas in the Underwriting process, including Market Management, Risk Consulting, Claims, and Operations. Manage referrals and undertake 4-eye reviews with underwriters. Contribute to the development and execution of regional underwriting strategy. Create and maintain positive relationships with key producers, clients, and other relevant stakeholders. Ensure accurate policy documentation is issued to producers. Provide training and support to junior members of the Energy team. What you'll need to succeed: Extensive experience underwriting profitable business in the Renewable Energy segment of large corporate international insurance. Strong relationships with clients and brokers at peer group level and well established within the market. A specialized understanding of regional/local Renewable, Engineering & Construction insurance markets and competitor landscape. Capable of leveraging data and analytics to make business more efficient and effective. A good understanding of the legal and regulatory environment. Ability to design, develop, and implement consistent, robust wordings for contracts. Excellent negotiation skills and ability to build, maintain, and expand relationships with key broker partners and clients. Excellent organizational and interpersonal skills. Ready to take your career to the next level? We would love to hear from you. 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. 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). 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 .

Who we are American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. Get to know the business Local expertise and knowledge underpin the quality and responsiveness of the AIG marine team and ensure the best possible protection for our clients' assets and their business reputation. AIG has offices with dedicated marine staff in more than 75 countries. This local presence gives us an in-depth understanding of local laws, regulations and markets and the ability to respond swiftly and effectively, whether establishing cover or dealing with losses as they occur. AIG Marine can provide comprehensive insurance protection for goods in transit, across the world. We also deliver bespoke programmes catering for the highly specialised transportation needs of a wide variety of businesses. About the role What you need to know: This role will report to the Head of Marine, UK. Positioning the business for sustained growth through developing and executing the Multinational Cargo segment strategy. Responsible for segment P&L, product development in line with customer and market needs, and the attraction, development, and retention of top industry talent . Key Accountabilities: Develop and execute segment strategy aligned with the UK and Global Marine Strategy Set and deliver objectives for product and segment performance, including growth and profitability Managing a book of business and input to the budget relative to regional budget/goal Providing technical direction to underwriting team Identifying exposures and analysis required to underwrite an account, as well as the coverage policies; determining the exposures to loss assumed and restricted by the insuring agreements and the exclusions Developing and implementing pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and underwriting strategy Collaborating with Distribution and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers Providing superior customer service to brokers and clients Driving a culture that promotes collaboration, innovation, diversity, and inclusion, attracting and developing talent What we're looking for: Deep technical expertise gained through underwriting across Marine lines of business Proven track record in senior product management roles, Extensive experience in a technical role through different market cycles, utilising analytical and quantitative skills to underpin development of new products and monitoring performance Implementing strategies on market segmentation, portfolio management, acquisition and distribution, achieving successful delivery of business objectives Managing multiple customer and intermediary relationships Leading and engaging diverse teams through change Insight: Strategic perspective, critical thinking and decision making Agility: Cultural adaptability, pace and future focus Relationships: Trust, communication, influencing multiple stakeholders and customer intimacy Commercial edge: Identifying and acting on emerging opportunities, leveraging the value proposition to drive growth A look at our Benefits We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 24 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing. We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress. We are an Equal Opportunity Employer American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. To learn more please visit: AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to . Reasonable accommodations will be determined on a case-by-case basis. Functional Area: UW - UnderwritingEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoAIG Europe S.A. (U.K. Branch) & American International Group UK Ltd