Drive business strategy to successfully propel AIG Commercial Property Lines into a significant and profitable long-term, sustainable leadership position in the Hong Kong 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 Hong Kong Commercial Property vision and value proposition in close co-operation with Country GM and the APAC Commercial property function, that recognize changing business and competitive environment dynamics, key business drivers, and financial elements and demonstrate the value we bring to our clients;
Develop, position, market, and deliver innovative, market-leading products and services through a strong network of property producers 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 Commercial Property 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;
Ensure the required standards of governance, systems and controls, and regulatory compliance are established and maintained
Establish strong relationships with Country leadership; create mutual understanding of overall Commercial Property strategy, underwriting methodology and the risks we assume to drive effective execution of the business model, and work closely to maintain key client and partner relationships;
Makes resource allocation decisions for the Commercial Property Underwriting function in conjunction with Country GM;
Develop tools and strategies, in collaboration with HR, to attract and retain top industry talent and develop high performing teams.
Drive a culture that promotes collaboration, diversity and inclusion.
Collaborate with Claims team to ensure a reputation of Claims excellence in the marketplace.
What we’re looking for:
Technical Skills and Expertise
Significant insurance leadership experience, including oversight over multiple products and geographies including P&L responsibility
Proven track record of delivering profitable growth in a sizable and relevant general insurance product line in APAC markets
Deep expertise in Commercial Property Insuranceand solid 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 APAC market(s) segmentation, portfolio management, acquisition and distribution
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.