Financial Lines Business Analyst, Italy Milano

Financial Lines Business Analyst, Italy
Milano
Lombardia, Milano

"Financial Lines Business Analyst" About the role 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 The responsibilities for this role include: 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 our 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, process 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, etc. )

that need to be managed in order for the business segment to produce profitable and growing performance Consolidate summary information from all of the different disciplines to provide a holistic view of the performance of the business segment.

Highlight critical trends, and recommend actions to improve profitability and growth Produce concise, relevant and actionable management information reports and analysis, including an understanding of the completion Demonstrate strong understanding of local macroeconomic and competitive trends in each market and provide insight to product managers Provide leadership in the decision making on required actions.

Propose and help implement solutions to improve profitability with respect to short and long term portfolio remediation strategies Monitor agreed upon underwriting corrective action plans with actual to expected result measurement for the business segments Provide feedback on specific segment and product strategies to ensure that 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 and work across multiple areas of the organization Proven ability to build strong relationships with producer, clients and colleagues 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 belonging 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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

With global chapters, ERGs are a cornerstone for our culture of inclusion.

The diversity 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 ******.

Functional Area: OP - Operations AIG Europe S. A. - General Representative for Italy