Senior Underwriter, Trade Credit

National Union Fire Insurance Company of Pittsburgh, Pa.; Houston (TX); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Competitive benefits

Total Rewards Program

Job summary

AIG is seeking a Senior Underwriter, Trade Credit to manage key relationships and reviews of complex transactions for brokers and markets. You will oversee underwriting duties within your portfolio and contribute to business growth.

Ideal candidates have 5–7 years in underwriting with strong credit analysis skills and proficiency in MS Office, Cap IQ, Salesforce and Factiva. MBA is a plus and multilingual candidates are valued.

Qualifications

• 5–7 years of underwriting experience preferred.
• Background in credit or financial analysis required.
• Experience in trade credit, finance, or banking preferred.
• Strong organizational and communication skills.
• Bachelor's degree in business or finance; MBA preferred.

Responsibilities

• Develop strong relationships with brokers and clients to grow the underwriter’s portfolio of trade credit business.
• Underwrite large/complex, new and renewal submissions and negotiate policy terms and conditions.
• Analyze domestic and international corporate credits and evaluate financial information to determine credit limits and terms.
• Maintain and service an existing portfolio of trade credit insurance business.
• Market and present to brokers and insureds to increase submission flow.
• Engage in underwriting and marketing projects to improve company results.
• Mentor junior underwriters and contribute to team revenue targets.

Skills

Trade credit underwriting

Credit analysis

Relationship management

Communication skills

Financial market awareness

Education

Bachelor's degree in business or finance

MBA (preferred)

Tools

Cap IQ

Salesforce

Factiva

Microsoft Office

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior 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.

How you will create an impact

The Senior 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.

• Developing strong relationships with brokers and clients to grow the Underwriter’s portfolio of trade credit business
• Underwriting large/complex, 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. 5-7 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, Factiva Strong commercial development skills Excellent organizational and communication skills Bachelor's degree in business or finance required. MBA preferable Second language proficiency valued

Compensation

Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

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.

Equal Opportunity and Accessibility

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 [e-mail].

Functional Area

Functional Area: UW - Underwriting National Union Fire Insurance Company of Pittsburgh, Pa. As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.