Financial Lines Business Analyst, Italy

OverviewThe 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.ResponsibilitiesTracking of reinsurance use (FAC)Working with Claims & Actuarial on watchlist and IBNR poolsManagement of DC improvements in collaboration with the product headsMonthly validation of the rate change data provided by actuariesContact person for UW in reporting rater issueTrack and improve rater usage and simplify rater structureContact point with O&S departmentResponsible for overall data quality including constant improvement of the UW Scorecard KPIsResponsible for Data validation and collectionResponsible for data collection and data accuracy for Profit studiesResponsible for the Underwriting Governance structureImplement standardized rater structure for all IT Platform agreements and quote pad approachReview all DUA and MGAs and Broker facilities and implement controlsOversee the Data workflow from the different distribution channels providing ad hoc reportsMonitor constantly the Financial Lines book providing good reports to identify the portfolio compositionWork to implement efficiencies with our IT platform creating a unique approach and rater harmonizationEnsure adherence to all policies, guidelines and proceduresIdentify, distribute and implement best practices for Business Analytic tools, processes and techniquesPartner 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 segmentLead 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 growthConsolidate summary information from all disciplines to provide a holistic view of performance and highlight critical trends with actionable recommendationsProduce concise, relevant and actionable management information reports and analysisDemonstrate understanding of local macroeconomic and competitive trends and provide insight to product managersProvide leadership in decision making on required actions and help implement solutions to improve profitability and portfolio remediation strategiesMonitor underwriting corrective action plans with actual to expected result measurementsProvide feedback on segment and product strategies to ensure sales growth and profitability objectives are achievedWhat we’re looking forAnalytical and quantitative skillsProcess and system skillsStrong customer service ethic with a sound understanding of the business processesGood level of English and Fluent in ItalianGood presentation, prioritization and time managementStrong execution and results orientationStrong presentation, prioritization and time managementStrong communication (oral and written) and influencing skills and proven ability to collaborate across multiple areas of the organizationProven ability to build strong relationships with producer clients and colleaguesAbout AIG culture and equal opportunityAt 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 AreaUW - UnderwritingAIG Europe S.A.- General Representative for ItalyRequired ExperienceICKey SkillsCognosForecastingHyperionMicrosoft AccessPivot tablesAccountingAnalysis SkillsMicrosoft ExcelFinancial AnalysisFinancial ModelingBudgetingFinancial PlanningEmployment TypeFull-TimeExperienceyearsVacancy1#J-18808-Ljbffr