Underwriter II, Trade Credit

AIG Insurance • Chicago, IL

2d • Onsite

About The Position

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. 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.

Requirements

• Background in credit or financial analysis
• 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.
• Second language proficiency valued

Nice To Haves

• MBA preferable

Responsibilities

• 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

Benefits

• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level