Role
This position will report to the Commercial Lines Products and Propety Director and be overseen by the Regional Head of Construction.
Contribution at AIG
As a People Manager of an underwriting team composed by other underwriter, this leader will guide, motivate, and develop our talents, and empower and coach the underwriter toward higher levels of performance. This position is responsible for developing business strategies and/or translating those strategies into meaningful outcomes and ultimately, business results. As an underwriting head, his/her responsibility will reach across geographical and functional boundaries to create alliances that further the organization’s objectives and market position. A deep specialization in Construction business is required to allow foreseeing external conditions that could potentially affect AIG’s future.
Based in Mexico City, the role will lead our Construction Line of Business with the Commercial Lines and Property Director.
Key Responsibilities
Define the Construction strategy in Mexico, aligned with International Construction strategies. Drive the Construction vision and value proposition. Recognize and respond to changing business and competitive environment dynamics to further progress the strong value we bring to our clients.
Find, recruit, train, develop and retain high performance people
Support Construction underwriter in making business decisions that leverage their expertise and experience in combination with powerful analytical models. Provide referral support in line with own underwriting authority.
Develop and deliver innovative, market-leading products and services that meet our customers dynamic needs in a manner that effectively leverages AIG strengths as a competitive differential in the marketplace.
Drive underwriting and operational excellence across all Construction businesses, within Global guardrails and in collaboration with the Regional Construction Head, by ensuring adherence to underwriting methodology, risk appetite, line setting, guidelines, business rules and pricing adequacy.
Promote synergies among all Distribution, other underwriting teams, and other support staff.
Collaborate with Claims to ensure a reputation of Claims excellence in the marketplace and with Actuarial on creating and maintaining effective pricing tools.
Build and maintain strong relationships with key customers, producers, reinsurers and other partners.
Skills
The ideal profile must balance deep technical underwriting expertise with sharp financial acumen
The candidate must know the complexities of large scale infrastructure, energy and civil engineering projects.
Reinsurance: proficiency in negotiating and structuring facultative reinsurance (efficient capacity management and retention limit optimization)
Expert knowledge of London Market standard clauses NMA/LMA clauses and LEG wordings.
Probable Maximum Loss modeling and manage geographic accumultions, particularly regarding CAT exposures (Earthquake and Windstorm)
P&L Ownership, strict focus on UW profit, combined ratio, acquisition costs and loss ratio.
Proven track record of high level relationships with global and local brokers. The candidate must act as a business enabler who finds “how to say yes” to complex risks without compromising the technical result.
Accountability, focus on meeting KPIs and new business targets, present results and defend strategies.
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 SEGUROS MEXICO S.A. DE C.V.
