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Salary
$24k – $53k per year (Estimated)
Location
In office (Roxas)
Seniority
Architect
Employment
Full-Time
Overview
Company
Impact
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AIG

American International Group is an insurer founded in Shanghai in 1919 that grew into one of the largest financial institutions in the world before its near-collapse in 2008, when losses on credit default swaps written against mortgage securities forced the largest government rescue of a single company in American history. It has spent the years since dismantling that conglomerate, separating its life and retirement business as Corebridge and selling numerous units, and it now concentrates on commercial property and casualty insurance. Headquartered in New York, it is a considerably smaller and simpler company than the one that failed.

Head of Marine, Philippines

At AIG, we are reimagining how we help customers manage complex risk. Join us as the Head of Marine for Philippines to drive our underwriting strategy, grow our portfolio, and lead a talented team. In this high-impact role, you will use your deep technical expertise and strong market relationships to shape the future of our marine business. You will report directly to the Head of Marine, APAC.

How you will create an impact

In this role, you will:

  • Profit and Portfolio Management

    • Own the profit center’s premium, growth and profitability targets.

    • Manage portfolio performance, underwriting results and risk appetite.

    • Monitor retention, new business, pricing, loss ratios and overall portfolio quality.

    • Ensure underwriting decisions are consistent with AIG’s guidelines and authority.

  • Underwriting Leadership

    • Provide directions on complex or high-value risks and referrals.

    • Oversee the underwriting of new and renewal business.

    • Ensure the portfolio achieves profitable growth, rather than growth at any cost.

    • Work with Claims and Actuarial teams on portfolio performance and emerging risks.

  • Broker & Client Relationships

    • Maintain senior relationships with key brokers and major clients.

    • Develop distribution strategies and identify new business opportunities.

    • Represent AIG in broker meetings and market events.

    • Strengthen AIG’s market profile and relationships with strategic producers.

  • Business Development

    • Set and execute the profit center’s business plan.

    • Identify target accounts, new segments and product opportunities.

    • Drive cross-selling with other AIG profit centers.

    • Develop opportunities in Corporate, Major Accounts, Multinational and other strategic segments.

  • People Management

    • Lead, coach and develop underwriters and other team members.

    • Set performance expectations and support succession planning.

    • Build technical underwriting capability within the team.

    • Promote collaboration and accountability.

  • Strategy and Product Development

    • Identify opportunities to improve products, wordings and endorsements.

    • Develop broker-specific programs where appropriate.

    • Work with regional/APAC teams on strategic initiatives and new products.

  • Governance and Risk

    • Ensure compliance with AIG underwriting policies, regulatory requirements and audit standards.

    • Manage underwriting authorities and referrals.

    • Ensure accurate management reporting and appropriate escalation of major underwriting issues.

What you’ll need to succeed

  • University degree in Business Administration, Finance, Maritime Studies, or a related discipline.

  • Extensive progressive commercial insurance experience with deep technical expertise specifically in marine underwriting.

  • Deep comprehension of marine risk assessment, policy phrasing, international shipping operations, and local reinsurance structures.

  • Proven track record of managing teams, coaching talent, and executing commercial strategies.

  • Exceptional negotiation, stakeholder management, and communication competencies to engage executive-level clients and brokers.

Ready to put your ideas into action? We would love to hear from you.

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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.

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].

Functional Area:

UW - UnderwritingAIG Philippines Insurance Inc
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