Financial Lines Business Analyst, Italy

Overview The FL Business Analyst will be responsible for producing Operational and related reports to support business leaders in identifying value drivers and formulating action plans to improve growth and profitability. The Analyst is expected to actively analyze and determine problem areas, suggest action plans, and find ways to improve the operational reports. The analyst will identify key data sources and work with the responsible functions (marketing, finance, claims operations, actuarial, underwriting and distribution) to extract needed information in a standardized and efficient manner. Responsibilities Tracking of reinsurance use (FAC) Working with Claims & Actuarial on watchlist and IBNR pools Management of DC improvements in collaboration with the product heads Monthly validation of the rate change data provided by actuaries Contact person for UW in reporting rater issue Track and improve rater usage and simplify rater structure Contact point with O&S department Responsible for overall data quality including constant improvement of the UW Scorecard KPIs Responsible for Data validation and collection Responsible for data collection and data accuracy for Profit studies Responsible for the Underwriting Governance structure Implement standardized rater structure for all IT Platform agreements and quote pad approach Review all DUA and MGAs and Broker facilities and implement controls Oversee the Data workflow from the different distribution channels providing ad hoc reports Monitor constantly the Financial Lines book providing good reports to identify the portfolio composition Work to implement efficiencies with our IT platform creating a unique approach and rater harmonization Ensure adherence to all policies, guidelines and procedures Identify, distribute and implement best practices for Business Analytic tools, processes and techniques Partner with Product Management and work collaboratively across functions (marketing, finance, claims operations, actuarial, underwriting and distribution) to establish the key financial and operational drivers of economic value for the business segment Lead the analysis of the key metrics to evaluate the performance of the business operations (e.g., closure ratios, retention, UW turn times, mix of business, changes) that need to be managed for profitability and growth Consolidate summary information from all disciplines to provide a holistic view of performance and highlight critical trends with actionable recommendations Produce concise, relevant and actionable management information reports and analysis Demonstrate understanding of local macroeconomic and competitive trends and provide insight to product managers Provide leadership in decision making on required actions and help implement solutions to improve profitability and portfolio remediation strategies Monitor underwriting corrective action plans with actual to expected result measurements Provide feedback on segment and product strategies to ensure sales growth and profitability objectives are achieved What we’re looking for Analytical and quantitative skills Process and system skills Strong customer service ethic with a sound understanding of the business processes Good level of English and Fluent in Italian Good presentation, prioritization and time management Strong execution and results orientation Strong presentation, prioritization and time management Strong communication (oral and written) and influencing skills and proven ability to collaborate across multiple areas of the organization Proven ability to build strong relationships with producer clients and colleagues About AIG culture and equal opportunity 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. 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 . Functional Area UW - Underwriting AIG Europe S.A.- General Representative for Italy Required Experience IC Key Skills Cognos Forecasting Hyperion Microsoft Access Pivot tables Accounting Analysis Skills Microsoft Excel Financial Analysis Financial Modeling Budgeting Financial Planning Employment Type Full-Time Experience years Vacancy 1 #J-18808-Ljbffr