Portfolio & Underwriting Analyst - Motor Insurance

Portfolio & Underwriting Analyst – Motor Insurance

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.

About the role

What you need to know:

We have an exciting opportunity for a Portfolio & Underwriting Analyst to join the Personal Motor team.

In this role you will:

• Report to the Head of Motor insurance to establish and track the key financial and operational drivers of economic value across all motor products.
• Provide insight and communicate key performance metrics to all aspects of the business both monthly and quarterly. (I.e. conversion statistics, retention, business mix changes, claims trends).
• Track effectiveness of product change strategies to ensure that sales, growth, and profitability objectives are achieved.
• Liaise with the actuarial pricing team to produce rate change analysis to ensure the smooth deployment of rate adjustments across all motor products.
• Maximise the use of telematics data by generating valuable insights which will help drive growth and profitability across several telematics programs. 
• Monitor the effectiveness of underwriting action plans with actual to expected result measurement communicated to underwriting team regularly.
• Work with the motor underwriting team to enrich data feeds to ensure more effective risk underwriting on both new and renewing business.
• Consult with the Head of Motor and underwriting team in preparing and producing materials required for monthly product & pricing sessions with external partners.
• Produce concise, informative and holistic internal management reports monthly.
• Support the business with financial budget creation, providing granularity and updating quarterly estimate process.
• Identify, distribute and implement best practices for Portfolio Management tools, process and techniques.  
• Ensure business line adherence to all policies, guidelines and procedures.

What we’re looking for:’

• Minimum of 3 years’ experience in either underwriting, actuarial or analytics functions.
• Previous experience working with business intelligence tools desirable but not essential.
• Strong analytical, financial, research, and problem-solving skills.
• Strong organisational skills with the ability to effectively manage time, prioritize tasks, set goals, and develop systems for achieving them. 
• Strong communication (oral and written) and influencing skills and demonstrated ability. to work across teams.
• Ability to work independently, challenge status quo and promote new solutions.
• Strong ability to work with different sources of information and large volumes of data.

A look at our benefits

At AIG, we have a 100-year legacy of working to make the world a better place.  And that begins with our employees. We’re proud to offer a range of employee benefits and resources that help you protect what matters most – your health care, financial protection, and wellbeing. We provide a variety of leaves for personal, health, and family needs. For example, the “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community.

We also believe in fostering our employees’ development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

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.

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].  

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