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At AIG, we are reimagining the way we help customers to manage risk. Join us as Head of Casualty, Australia to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of our team.
Make your mark in Casualty
AIG Underwriting teams help to find insurance solutions in areas including Casualty, Financial Lines, Property, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our roles, 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
Casualty is a strategically critical product not just within AIG Australia, but within the APAC region as a whole. The Casualty Australia portfolio is the largest General Liability portfolio in AIG APAC, and the second largest overall casualty portfolio in the region. We are continually striving to invest in our team and systems to maximize the growth opportunity and strengthen our position as a market leader in each of the segments in which we operate.
This role is a critical part of AIG’s go-to-market growth strategy for our Casualty business In Australia, incorporating Commercial Accounts, Major Accounts, Environmental Liability, Contaminated Products Insurance and Product Recall. As a People Manager and Senior Leader, you make the difference in a team member's experience at work. Great leaders provide direction, motivate and grow talent, and empower and coach teams toward higher levels of performance. The quality of Senior Leadership is a defining factor for a company’s success. Senior Leaders at AIG are responsible for developing and executing business strategies, transforming those strategies into meaningful outcomes and ultimately, business results. As a Senior Leader, you collaboratively reach across geographical and functional boundaries to create relationships that further the objectives and market position of AIG and AIG Casualty. Your deep and broad industry knowledge allows you to foresee external conditions that could potentially affect AIG’s future. Your expansive market and client relationships give you a deep understanding of the Australian Casualty market and the overall market as a whole.
Key accountabilities will include but not limited to:
- Drive business strategy to successfully propel AIG Casualty Lines into a significant and profitable long-term, sustainable leadership position in the marketplace in support of the company’s ROE objectives over the long-term. This includes detailed monitoring standards / quality reviews to assess loss ratios and underwriting results.
- Drive the Casualty vision and value proposition in close co-operation with Country GM’s and the International Casualty function, that recognize changing business and competitive environment dynamics, key business drivers, and financial elements and demonstrate the value we bring to our clients.
- Accountable for business oversight, and technical and governance ownership of product for Australia.
- Develop, position, market, and deliver innovative, market-leading products and services through geographical framework to a network of producers in a manner that effectively leverages our strengths as a competitive differential in the marketplace.
- Drive underwriting excellence across the Property business within Global ‘guardrails’, in collaboration with the CUO, by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensure rating and pricing adequacy.
- Ensure alignment amongst Casualty underwriting staff and leads on interaction with Distribution, Claims, Actuarial, Finance and other functions to achieve product and company goals.
- Collaborate with Actuarial on creating and maintaining proper pricing tools and technique.
- Work closely with Reinsurance team to ensure an effective reinsurance strategy that supports our risk appetite for per risk and aggregation across all product lines, as well as active management of the portfolio.
- Collaborate with Claims team to ensure a reputation of Claims excellence in the marketplace.
- Ensure the required standards of governance, systems and controls, and regulatory compliance are established and maintained
- Establish strong relationships; create mutual understanding of overall Casualty strategy, underwriting methodology and the risks we assume to drive effective execution of the business model.
- Develop tools and strategies, in collaboration with HR, to attract and retain top industry talent and develop high performing teams.
- Drive a team culture that promotes collaboration, innovation, diversity and inclusion, exemplary conduct, employee engagement and performance excellence.
What you’ll need to succeed
Leadership Skills
- Strategic execution, solution and result oriented, managing vision and purpose, developing organizational capability
- A commercial thinker with deep knowledge of insurance industry and ability to determine how external changes or decisions will impact the company, plan accordingly, and execute those plans
- Strong influencing and communications skills, and ability to work collaboratively and manage stakeholders effectively in a matrix structure and across a wide geography
- Skilled change and team leadership, with advanced thought leadership
- A Global influencer who builds strategic relationships and alliances with key stakeholders, influencing decisions to advance the company’s objectives and enhance the growth potential of the company
- An AIG ambassador who will strengthen the AIG brand within the marketplace by representing AIG persuasively and effectively in high-stakes internal and external settings
- A collaborative people leader with a proven track record of managing cross border teams in a matrix organization, with the ability to influence and stakeholders across a wide geography.
Technical Skills and Expertise
- Significant insurance leadership experience, including oversight over products and geographies including P&L responsibility
- Proven track record of delivering profitable growth in a sizable and relevant general insurance product line
- Deep expertise in Casualty Insurance, expert technical underwriting background
- Strong business acumen, with a proven track record of making sound judgment backed by strong analytical, quantitative, process and systems skills
- Knowledge of Australasia market(s) segmentation, portfolio management, acquisition and distribution
Ready to do things differently? We would love to hear from you.
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
.
Functional Area:
UW - Underwriting
AIG Australia Limited