Functional Area :
UW - UnderwritingEstimated Travel Percentage (%) : No TravelRelocation Provided : NoAIG Kenya Insurance Co. Ltd
PURPOSE OF THE ROLE
Casualty lines profit center is responsible for underwriting WIBA Employers Liability, Public Liability, Commercial general Liability Product Liability / Product recall, Contaminated product Insurance and Environmental Impairment Liability Insurance.
The role is expected to ensure profitable growth of Casualty lines business whilst maintaining sound underwriting standards within prescribed underwriting authority.
Where the tasks in the job are well performed, it is expected that the business line will realize profitability by achieving budgeted production, acceptable loss and expense levels.
PRINCIPLE DUTIES AND RESPONSIBILITIES :
Management and profitable underwriting of Casualty business.
Assist Senior Management in formulating Departmental business plans and Strategies.
Develop strong, long term relationships with brokers and clients to profitably grow the book of business
Implement and monitor departmental business plans and budgets.
Monitor portfolio performance.
Ensure budgeted renewal retention is achieved
Ensure achievement of budgeted new business targets.
Deliver training to various distribution channels on Casualty Lines products.
Periodic review of existing products and development of the same to ensure they are in line with market trends.
Liaising with Credit Control team to ensure acceptable levels of receivables as defined by the company.
Preparation of management reports.
Supervision of Casualty lines department.
Marketing and distribution of Casualty products
B.Com. (Insurance Option - preferred) or any business degree.
ACII (Professional qualification) is a must.
Proficiency in IT MS Office packages
Minimum 5 7 years’ experience in Underwriting (preferably Casualty Lines)
Multi-national working experience - an advantage
SKILLS / COMPETENCIES
Advanced working knowledge of casualty lines of business
Proven ability to build and maintain strong professional relationships
Demonstrated sales, marketing and relationship building experience
Very strong verbal and written communication skills
Highly motivated and results oriented
Ability to work in a dynamic, rapidly changing environment
Ability to collaborate with a wide range of colleagues to quickly deliver solutions
Dealing with Ambiguity
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer.
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.
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.