Underwriting Audit Manager jobs in United States
cer-icon
Apply on Employer Site
company-logo

AIG · 1 day ago

Underwriting Audit Manager

AIG is a global leader in commercial and personal insurance solutions, and they are seeking an Underwriting Audit Manager to play a key role in transforming their underwriting processes. The Underwriting Audit Manager will ensure adherence to underwriting guidelines and provide insights on underwriting quality and compliance across various legal entities.

BankingFinancial ServicesInsurance

Responsibilities

Determine adherence to the AIG Underwriting Control Framework
Review underwriting quality, pricing compliance, portfolio management utilization, management controls and provide senior management with commentary on the overall underwriting
Leverage underwriting audits for capability assessments of operations in light of Product strategic business plans
Perform these tasks per their specific areas of expertise, but will also gain exposure to other lines of business
Provide support to the Global Head of Underwriting Audit with local industry knowledge and support training initiatives
Support the Global Product team on project initiatives from time to time
Conduct audits annually across all legal entities/portfolios
Undertake pre-audit work, use audit tools, discuss grade and findings in wrap-up meetings; review critical findings and recommendations with Audited Entity, Country, Regional and Global Product teams; prepare reports; vet action plans

Qualification

Underwriting experienceP&C insurance knowledgeAudit experiencePortfolio management toolsManagement controlsActuarial knowledgeTraining skillsCommunication skillsTeam collaboration

Required

10+ years industry experience with a P&C carrier of significant market size
Management positions in underwriting with P&L responsibility is strongly preferable
Audit or Actuarial experience a strong plus
5+ years' experience with a P&C carrier within the Product organization
Proven experience in underwriting a full range of products, placing facultative reinsurance, effective demonstration of management controls and utilization of portfolio management tools, and working with diverse distribution channels are preferable
Ability to provide direction and convey strategy of Global Home Office, Underwriting Audit and Underwriting Governance to Regional and Country staff
Excellent knowledge of product line underwriting guidelines, risk appetite, tools, processes, management controls and pricing methodologies, including the ability to train this knowledge to others
Working knowledge of regulator requirements
Working knowledge of the actuarial function (e.g. reserving, DAC accounting, development of experience and statistical rating – aka rate reviews) and the business analytics area

Preferred

Working experience in multiple regions/countries is a strong plus

Benefits

A range of competitive benefits
Total Rewards Program
Benefits focused on your health, wellbeing and financial security
Professional development

Company

AIG is a global insurance company providing insurance products to support clients in business and in life.

Funding

Current Stage
Late Stage

Leadership Team

leader-logo
Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
linkedin
leader-logo
Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
Company data provided by crunchbase