Trade Credit & Political Risk Underwriter

MSIG USANew York, NY
23h$100,000 - $125,000

About The Position

As a Underwriter at MSIG USA, you will play a key role in supporting the growth and profitability of our Trade Credit & Political Risk portfolio. This underwriting position focuses on evaluating and servicing a range of risks and exposures while developing strong broker relationships and contributing to customized insurance solutions. You’ll work closely with cross-functional teams to ensure underwriting excellence and client satisfaction.

Requirements

  • High school diploma or GED required; Bachelor’s degree preferred
  • 3-4 years of insurance industry experience preferred
  • Basic understanding of marine insurance principles, policy forms, rating manuals, and regulatory frameworks a plus
  • Strong analytical and problem-solving skills with attention to detail
  • Excellent written and verbal communication skills
  • Effective interpersonal and negotiation abilities
  • Proficiency in Microsoft Office Suite and ability to learn internal systems
  • Commitment to ongoing professional development and insurance education (e.g., AMIM, CPCU)

Nice To Haves

  • Prior experience as an Underwriting Assistant or Associate is a plus

Responsibilities

  • Evaluate and underwrite marine risks within assigned authority, ensuring alignment with company guidelines and risk appetite
  • Analyze submissions, financials, and loss histories to assess risk quality and pricing adequacy
  • Apply appropriate rating methodologies and ensure compliance with regulatory filings and state requirements
  • Draft and review policy forms, endorsements, and coverage terms tailored to client needs
  • Maintain accurate and complete underwriting documentation in accordance with internal and external standards
  • Monitor portfolio performance, including premium trends, loss ratios, and underwriting results
  • Collaborate with brokers through meetings and account reviews to strengthen relationships and identify growth opportunities
  • Partner with Risk Engineering, Claims, and Marketing teams to support retention and new business initiatives
  • Contribute to special projects and team initiatives as assigned

Benefits

  • Healthcare and Retirement Benefits
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans
  • Additional Benefit Programs
  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

High school or GED

Number of Employees

501-1,000 employees

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