Marine Profit Centre Manager UK
Overall responsibility for the financial management and achievement of budget for Marine including profitability, productivity, direct and indirect costs, receivables expense management and other key financial metrics.
Purpose of the role:
Overall responsibility for the management of operations, including systems
Management of appropriate resources including talent, capital expenditure and other resources to ensure adequate support for all functions including any off-shore or outsourced dependencies.
Agree, set and implement profit centre business plan & strategies, ensuring alignment with global and UK zone vision/objectives.
Ensure Corporate standards are met with regard to all risk, compliance, audit & regulatory issues.
Duties and Responsibilities:
Drive the development of budgets & business plans and proactively take actions where necessary to achieve targets
To achieve budget and improve profitability across the Marine Division
Dive business mix , growth and profitability of business. Drive industry segmentation strategies in collaboration with other areas of AIG .
Drive Portfolio strategies
To implement the prioritised initiatives & objectives of the Marine Division with “pace”
Monitor business performance against plan
Ensure timely reporting of financial & business performance
Support innovation and share best practice
To lead change/transformation initiatives
Work across other areas of AIG to achieve Corporate Goals and Objectives
To lead and direct the Marine Division to build a high performance culture by ensuring that team members have the skills and attributes to achieve short and long term goals
To lead and direct the Marine Division to build a Customer Centric approach to day to day operations
To manage the impact of regulatory change in the Marine Division
To work with agreed decision making standards, within prescribed underwriting guidelines and authorities
To comply with compliance, audit, regulatory and risk management procedures/responsibilities
To carry out significant management functions as apportioned by AIG UK's Governing Bodies To ensure that performance objectives are set and assessed
This role profile should be read in conjunction with the documented Property & Special Risks management function.
Experience & Qualifications Required:
Significant experience in the management of a business unit having underwritten effectively in Marine operations – business, finance and insurance acumen.
Proven track record of effectively managing financial responsibilities at a managerial level within an insurance company
Proven organisational & implementation skills
Demonstrated effectiveness in a multinational environment
Highly effective communication , collaboration, influencing and leadership skills
Ability to deal with ambiguity
Proven ability to manage, motivate and lead a team
Experience of managing business with significant compliance /risk / audit / regulatory issues
Experience of developing, maintaining, managing and leveraging relationships at senior levels within an organisation
Change management skills
University level education desirable but not essential
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.
AIG Property Casualty is a global market leader, one of the few truly global property casualty franchises.
AIG Life and Retirement is one of the largest life insurance organizations in the U.S., and provides protection, investment and income solutions needed for financial and retirement security.
United Guaranty Corporation is the marketplace leader in mortgage insurance in the U.S.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: http://www.linkedin.com/company/aig
- Date Posted:
- Job Title:
- Marine Profit Centre Manager UK
- Full Time