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$90k–$120k/yr
Full-time
bachelor degree, postgraduate degree
Health insurance, Wellbeing programs, Financial security programs, Professional development, Employee resource groups
Posted 3d ago
~40 hrs/week
Responsibilities
The Underwriter manages relationships with brokers and clients while reviewing transactions to grow the trade credit portfolio. They are responsible for analyzing corporate credits, negotiating policy terms, and providing technical direction to fellow underwriters.
Requirements
Candidates must have a bachelor's degree in business or finance and 1-4 years of underwriting experience. Proficiency in Microsoft Office, financial analysis, and strong commercial development skills are required.
Full job description
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Underwriter, Trade Credit to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in Underwriting
Your future team
AIG Trade Credit develops insurance solutions that address the exposures of companies globally, and embody AIG’s tradition of innovation, underwriting excellence and bringing to market groundbreaking insurance solutions to corporates.
Your contribution at AIG
As a Senior Underwriter, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes.
AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.
The Underwriter, Trace Credit manages relationships and reviews transactions for key targeted Trade Credit brokers/markets/industries. This is an integral position that provides front facing external/internal marketing responsibilities as well as management of office underwriting duties and initiatives within their portfolio.
How you will create an impact
Developing strong relationships with brokers and clients to grow the Underwriter’s portfolio of trade credit business
Underwriting new and renewal insurance submissions and negotiating policy terms and conditions
Analyzing domestic and international corporate credits, evaluating financial information, and recommending or approving appropriate credit limits and terms
Professionally maintaining and properly servicing an existing portfolio of trade credit insurance business
Marketing, selling and presenting to brokers and insureds to increase submission flow
Engaging in various underwriting and marketing projects to improve overall company results
Training, mentoring, providing technical direction to fellow Underwriters to contribute to group revenue targets and meeting internal operations/audit directives for the division
Meeting operating and audit guidelines and goals of senior management
Participating in and completing special projects as required by the profit center
Regular collaboration with AIG distribution colleagues in identifying and closing trade credit opportunities
Some travel required
What you'll need to succeed
Qualified candidates should have a background in credit or financial analysis and strong commercial development skills.
1-4 years of experience in an underwriting capacity is preferred.
Experience in trade credit, finance, or banking preferred
High proficiency in Microsoft Office (Excel, Outlook, PowerPoint), Cap IQ, Salesforce
Strong commercial development skills
Excellent organizational and communication skills
Bachelor's degree in business or finance required. MBA preferable
Second language proficiency valued
Ready to take your career to the next level? We would love to hear from you.
The base salary range for this position is $65,000-$85,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply- your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.
#LI-AIG
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.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
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 inclusion
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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 candidatecare@aig.com.
Functional Area:
UW - UnderwritingNational Union Fire Insurance Company of Pittsburgh, Pa.
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners.
Additional information about AIG can be found at www.aig.com | https://www.youtube.com/aig | https://twitter.com/aiginsurance | https://www.linkedin.com/company/aig/ | https://www.facebook.com/AIGInsurance | http://www.instagram.com/aiginsurance/
AIG is the marketing name for the worldwide property-casualty and general insurance operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. 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.
AIG Social Media Community Guidelines:
https://www.aig.com/home/about/social-media-guidelines
Offices: 1271 Avenue of the Americas, Floor 41, New York, NY 10020-1304, US · 175 Water Street, New York, New York 10038, US · 80 Pine Street, New York, NY 10038, US · 2 Park St, Sydney, NSW 2000, AU · 625 Liberty Ave, Pittsburgh, PA 15222, US
Property Casualty InsuranceLife and RetirementInsuranceClaimsUnderwritingand ActuarialBusiness Process Automation (BPA)FinanceHealth CareConsulting
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners.
Additional information about AIG can be found at www.aig.com | https://www.youtube.com/aig | https://twitter.com/aiginsurance | https://www.linkedin.com/company/aig/ | https://www.facebook.com/AIGInsurance | http://www.instagram.com/aiginsurance/
AIG is the marketing name for the worldwide property-casualty and general insurance operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. 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.
AIG Social Media Community Guidelines:
https://www.aig.com/home/about/social-media-guidelines
Offices: 1271 Avenue of the Americas, Floor 41, New York, NY 10020-1304, US · 175 Water Street, New York, New York 10038, US · 80 Pine Street, New York, NY 10038, US · 2 Park St, Sydney, NSW 2000, AU · 625 Liberty Ave, Pittsburgh, PA 15222, US
Property Casualty InsuranceLife and RetirementInsuranceClaimsUnderwritingand ActuarialBusiness Process Automation (BPA)FinanceHealth CareConsulting