Role Profile The Chief Underwriting Officer – Fronting, Multinational and Trade Credit will work closely with the business units and have oversight for the underwriting of business globally for a specific line of business. Key responsibility is to lead the Underwriting – Fronting, Multinational and Trade Credit underwriting strategies, enhance technical and analytical capabilities, position our portfolios for profitability, establish appropriate underwriting appetite, controls, guidelines and authorities, policy wording needs and lead execution of learning and development framework for underwriters. This role also has responsibility to collaborate and support other AIG stakeholder groups. Fronting and Multinational Responsibilities + Develop and implement consistency globally and set appropriate standards for Fronting in General Insurance (including but not limited to Multinational, NA Fronting, Group Captives, and AIGRM). + Oversee the fronting and multinational value proposition that brings together a seamless global controlled master program to deliver upon client’s risk transfer needs in the local geographies in which they operate (aligned with the US Foreign Casualty team) + Drive CUO vision and value proposition that recognize changing business and competitive environment dynamics including technological needs, key business drivers, risk analytic needs, and financial elements and demonstrate the value AIG brings to the different segments of its producer delivery network. + Responsible for collaboratively developing business strategy in coordination with the respective business leaders to successfully propel fronting and multinational product and client segments into a significant and profitable long-term, sustainable leadership position in the marketplace in support of the company’s profit objectives over the long-term. This includes specific underwriting strategies, portfolio construction and optimization, capital use, detailed monitoring standards, controls, guidelines, authority management and quality reviews to assess loss ratios, underwriting acumen, underwriting diligence and underwriting results. + Product liaison to/from AIG’s Multinational Division. Support the Head of Multinational through active participation and contribution to the leadership and direction of AIG’s multinational business. + Develop and deploy a framework for Fronting and Multinational authority assigning specific authority to leaders within AIG North America and AIG International. + Drive underwriting excellence across the Global Fronting and Multinational business by establishing and ensuring adherence to risk appetite, capacity, standards and guidelines, and ensure rating and pricing adequacy. + In partnership with product line CUOs and Fronting and Multinational leadership, create a framework for allocating Fronting and Multinational authority for Underwriters and ensure the appropriate training curriculum is aligned to the authority grants. + Collaborate with support functions such as the Product Office, Operations, Audit, COE, Modeling, Engineering, Natural Catastrophe Modeling, Actuarial, Claims, Regulatory and Legal to share insights and best practices across the organization. + Establish strong relationships with the Product leadership; create mutual understanding of overall parameters to drive effective execution of the Fronting and Multinational business model. + Develop strong relationships and work in close collaboration with all regional business leaders, Legal, Claims, Actuarial, Filing/Regulatory, Claims, and ERM. + Implementation of appropriate KPIs and detailed monitoring of adherence to standards across all Fronting deals. + In collaboration with the Fronting and Multinational leadership teams develop, position, market, and deliver innovative, value-added market-leading solutions to AIG’s clients. + Effectively leverage our strengths as a competitive differentiator in the marketplace. + Drive a culture that promotes collaboration, diversity, and inclusion. Trade Credit Business Responsibilities + Responsible for leading the Trade Credit, Surety and Political Violence teams within the Chief Underwriting Office. + Responsible for reviewing and setting credit/collateral guidelines. + Drive consistent underwriting best practices and guidelines across global Specialty Products, working with Specialty product leaders, regions, and Legal Entities on any necessary amendments to Product filed wordings and rating plans. + Responsible for continuously monitoring standard and manuscript policy language and setting forth guidance and guidelines as necessary. + Provide actionable input on the Specialty Product units in developing structures and technology to support underwriting, pricing and segmentation processes. + Responsible for exposure & aggregation management, establish procedures & monitoring to ensure operating within risk appetite. + Create and implement an independent, internal and external peer review program, ensuring peer reviews are robustly monitored and measured. Ideal Experience + At least 15 years insurance leadership experience, including oversight over products within a global, highly complex insurance company + Oversight of multiple products and/or geographies. + Strong analytical and conceptual skills; ability to develop creative solutions. + Knowledge of market segmentation, portfolio management, acquisition and distribution + Experienced in financial reviews, credit underwriting, and setting appropriate collateral requirements. + Expert technical underwriting background with advanced knowledge of specific LOB insurance and reinsurance for all industries + Proven Strategic Leadership skills in developing vision and purpose and leading effective teams + Established strong relationships with key internal stakeholders, customers and intermediaries + Skilled leader of change; versatile, client focused, results oriented For positions based in New York, the base salary range is $300,000-$350,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits (https://sprcdn-assets.sprinklr.com/248/c93e06c6-6661-4d7d-9e44-0b1edfc3704e-1908744075/New\_Hire\_Benefits\_Overview.pdf) . 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 candidatecare@aig.com. Functional Area: UW - Underwriting AIG PC Global Services, Inc.