Assistant Liability Manager recruitment

Key Responsibilities:

To provide leading support to the Manager in:

Achieving an underwriting profit, predicated on a pure loss ratio agreed upon with regional profit centre management.
Minimizing the expense component of the combined ratio in conjunction with the profit centre manager. This includes reinsurance commission levels and acquisition costs.
Production growth within profit centre.
Developing and maintaining working relationships with peer individuals within producers, particularly all the major producing firms.
Ensuring that the marketing plans developed at regional and country level are properly documented and incorporated in the strategic budget package.
The establishment and maintenance of underwriting guidelines to ensure the proper delegation and monitoring of underwriting authority to support staff
Ensuring proper utilization of reinsurance facilities (treaty facultative). All facultative placements should balance both net acceptances and commission income and be placed with AIG approved security.
Developing systems procedural enhancements designed to maximize efficiency and reduce costs.
Recruitment, development and training of underwriting staff.
Recruitment and continual improvement of training programs is also fundamental.

Main Duties consist of:

Assisting in the preparation of the annual Business Plan and playing a strong role in the strategies for enhancing the growth of existing business and the development of new business opportunities.
Underwriting, negotiation and acceptance of new and renewal business.
Preparation and delivery of routine and ad-hoc reports as required by AIG management.
Ensuring that premium transactions are processed in accordance with AIG service standards.
Ensuring that documentation is drafted processed and issued in accordance with AIG service standards.
Ensuring that appropriate systems are in place to adequately service routine customer/ internal enquiries and incoming mail.
Data processing on both Mainframe and P.C database systems as required.
Placing and dealing with facultative reinsurance items within AIG and local management guidelines.
Ensure that all staff with Self Audit Responsibilities fulfils diligently their monthly quota of Audits.

The ideal candidate

Key Responsibilities

Be highly numerate
Strong interpersonal skills
Competent with IT and AIG systems
Leaving Certificate with at least 2 Grade C in higher level will be required.
Strong knowledge of insurance and principals with very solid relevant work experience.
It is preferable that substantial progress be made in the A.C.I.I. examinations.
Strong proficiency in PC worksheet programs such as Microsoft Excel
Self starter with strong interpersonal skills
Excellent written and oral communicational skills
Strong motivational skills with a track record in directing and working within a team environment.
Numerically literate

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