Description:
The Head of Financial Lines will lead the team, based in Dubai. The selected candidate will play a pivotal leadership role in shaping and accelerating AIG’s Financial Lines business across the region. This role will bring deep market expertise, strong commercial acumen and strategic leadership to build a high-performing Financial Lines portfolio, manage all Financial Lines Underwriting within GCC&NA, including the establishment, implementation and evaluation of production and profitability goals for Financial Lines.
How You Will Create An Impact
- Ensure that production growth targets across both: Direct and FAC RI operations are achieved.
- Provide leadership to take remedial action to address shortfalls in top line.
- Manage the bottom line: Loss and expense ratios and achieve profitability targets on combined and Accident year combined ratio.
- Play an active role in the development, supervision, negotiation and sign off of large programs by motivating limits and policy structures
- Keep abreast of market changes and trends. Provide strategic direction for new business / new product development.
- Ensure adherence to audit regulatory and compliance requirements.
- Set objectives for direct reports, provide input for objectives of matrix reports and ensure that staff objectives/ KPI's are aligned to achievement of business goals.
- Executive Leadership - report performance, provide strategy updates and share market developments
- Engagement with internal lines of business and external clients- Brokers / Agents - build and grow the business with brokers and agents claims and actuarial to understand the drivers of our losses
- Become part of the GCC&NA leadership team and the EMEA Financial Lines leadership team.
What You’ll Need To Succeed
- 10+ year of underwriting experience preferably focused on FL
- Knowledge of local regulations.
- Claims management
- Sound technical FL expert underwriting
- Portfolio Management.
- People management
- Customer Focus
- Drive for results
- Building effective teams and develop Talent.