Head of Financial Lines Iberia
AIG · Madrid, Spain · 1mo ago
Head of Financial Lines - IBERIA
Make your mark in Underwriting
AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.
About the role
What you need to know:
Develops/ monitors/ manages Financial Lines underwriting strategy in the Iberia region
Manages and leads high performing Cyber/FI/MLC/PICom underwriting teams
P&L Ownership. Budget and forecast oversight for Financial Lines Iberia in conjunction with Emea FL Head and GM
Manages Iberia‘s FL day to day business in close collaboration with Head of Emea
Ensures alignment amongst Financial Lines underwriting staff with Sales/Client engagement, Claims, Actuarial, Operations, Finance and other functions to achieve product and company goals
Responsibility for a profitable growing portfolio that matches customer demand, including channel and go-to-market strategy
Resource allocation in close co-operation with country GM and the EMEA and International Financial Lines functions
Management of key broker and client relationships across the Iberia region
Product Development. Leads building new and adapting existing products to explore and convert emerging business opportunities and evolving demand.
Execute reinsurance strategy for Iberia in collaboration with European/International functions and engages with underwriters in the placement of facultative reinsurance
FL representation in senior management committees such as Senior Leadership Team, Credit Forum, Risk Forum, Emea FLteam
Proactive thought leader in areas such as conducting seminars, conferences as well as participating in media interviews
Escalation and day to day point of contact for brokers and clients
Technical Referral Point for UW
Oversight of succession planning and performance management within FL Iberia
What we’re looking for:
Leadership Skills
Strategic and result oriented, managing vision and purpose, developing organizational capability
Strong influencing and communications skills and ability to work across multiple areas of company and industries
Change and team leadership
External thought leadership
Proven experience with multiple country oversight
Successful management of business with comparative scale and complexity
Technical Skills and Expertise:
Broad based, European insurance industry experience in multinational environments
Experience of successfully managing operations with similar complexity and scale.
Proven track record of delivering profitable growth in a sizable and relevant general insurance / financial lines products in European markets.
Strong business acumen, with a proven track record of making sound judgment backed by strong analytical, quantitative, process and systems skills
Knowledge of Iberia insurance market(s)
Core Competencies:
Several years of insurance operational management experience
Analytical and quantitative skills
Knowledge of market segmentation, portfolio management, acquisition, and distribution
Process and system skills
Fluency in Spanish and English. Portuguese knowledge will be considered a plus.
Advanced knowledge of reinsurance and first party insurance
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.
Ready to apply? We would love to hear from you.
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 - UnderwritingAIG Europe S.A. (Spain branch)