Underwriter II, Trade Credit - American International Group
New York, NY
About the Job
Underwriter II - Trade Credit
This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance – or this could be your entry into underwriting if you have transferable skills.
Make your mark in Underwriting
AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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 manages key relationships and reviews complex 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 book of trade credit business
- Underwriting large/complex and middle market, 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 book 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
- Meeting operating and audit guidelines and goals of senior management
- Participating in and completing special projects as required by the profit center
What you'll need to succeed:
- Experience in credit or financial analysis
- 5+ years of underwriting experience is preferred
- Strong commercial development skills
- Proficiency in Microsoft Office, Cap IQ, Salesforce, and Factiva
- Solid organizational skills are essential
- MBA preferred
- Second language proficiency is valued
- Banking or other credit analysis experience is a plus
Ready to step up to new challenges? We would love to hear from you.
For positions based in New York City, the base salary range is $68,000 - $84,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.
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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 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 candidatecare@aig.com.
Functional Area:
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
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