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About AIG
American International Group, Inc. (AIG) is a leading international insurance organisation serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks o... read moref any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
AIG in South Africa
AIG originally established operations in South Africa in 1962 with its first major insurance project for the building of the Gariep Dam.
Now with offices around the country, we insure many of SA’s top businesses and government organisations, hundreds of mid-sized and smaller companies as well as ever increasing numbers of individuals.
Over the past 50 years we have established an enviable reputation as a provider of innovative products with a very broad product range. We are able to leverage off international expertise in both products and people to enhance our offerings both locally and into Africa.
BEE
As participants in the Financial Services Charter, AIG SA is working to address previous inequities. Several years ago AIG South Africa introduced a Graduate Development programme. This is a comprehensive one year training and development programme, aimed at encouraging young black graduates to join the Insurance industry and fast-tracking them into taking over responsible positions in the business The company also contributes extensively to education and entrepreneurship in disadvantaged communities.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. Products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Not all products and services are available in every jurisdiction, and insurance coverage is governed by actual policy language. Certain products and services may be provided by independent third parties. Insurance products may be distributed through affiliated or unaffiliated entities. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.
Key Duties and Responsibilities
Reserving
Support the calculation and review of US GAAP and IFRS reserves for the AIG entities in Africa;
Deliver annual and quarterly annual actuarial reser
PURPOSE OF THE ROLE:
Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter pos
Purpose of the role
Build and grow relationships with brokers across the Global, International, National and Independent segments as well as with identified key clients to promote awareness of AIG
Job Description
This role supports the SSA CRO and EMEA designated Risk Officers or ERM Partners on ERM developments including frameworks, emerging risks, planning, ORSA overall operations, and spe
About the role
What you need to know:
This is a highly specialised position requiring strong administration, technical and customer service skills to resolve Marine claims. The role entail
The Head of Marine is responsible for:
Business Management
Develops / monitors / manages the Marine Underwriting Strategy for the Sub-Saharan Africa region
Assumption of management responsi
Job Summary
Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world’s le
About the role
What you need to know:
Reporting to the Casualty Claims Manager, this is a highly specialised and pressurised position requiring strong administration, technical and customer serv
About the role
What you need to know:
Reporting to the Casualty and Financial Lines Claims Manager, this is a highly specialised and pressurised position requiring strong administration, tech
The role of the CRO SSA is to maintain a robust risk management framework that is appropriate for the size, business mix and complexity of AIG businesses in Africa, is in line with AIG policies and me
PURPOSE OF THE ROLE:
Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter
Ensure Distribution core disciplines and best practices are implemented and utilized across all channels in the countries in SSA to optimize productivity and efficiency. Develop & maintain exce
About the role
What you need to know:
Assist in underwriting PI, Cyber and K&R risks within underwriting limits under direction and guidance from the Product Heads.
Manage assigned acco
About the role
What you need to know:
As an actuary at AIG, you will be challenged and encouraged to reach your greatest
potential. Every day will bring new opportunities to stretch your an
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Claims Administration
Register the Claim according to procedure
Set appropriate reserves in line with policy
Determine if the loss is covered in terms
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect th
Overall responsibility for the financial management of the business. This includes but is not limited to:
Preparing and reviewing of monthly balance sheets and income statements for management p