Underwriter II, Trade Credit

American International Group; Chicago (IL); Hybrid; USD 90,000 - 120,000; Full time

Job summary

American International Group (AIG) is seeking an Underwriter II in Trade Credit to manage relationships with brokers and clients, underwrite submissions, and analyze credits. The role involves marketing to brokers and insureds, and collaborating on projects to boost results, with a focus on both domestic and international exposures.

The position requires a background in credit or financial analysis, 1–4 years in underwriting, and a Bachelor's in business/finance (MBA preferred).

Qualifications

• Background in credit or financial analysis with strong commercial development skills.
• 1-4 years of underwriting experience preferred.
• Experience in trade credit, finance, or banking a plus.

Responsibilities

• Develop strong relationships with brokers and clients to grow the portfolio.
• Underwrite new and renewal submissions and negotiate policy terms and conditions.
• Analyze domestic and international credits, evaluating financial information to set terms.
• Service and manage an existing portfolio of trade credit insurance business.
• Market to brokers and insureds to increase submission flow.
• Collaborate on underwriting/marketing projects to improve results.

Skills

Credit analysis

Financial analysis

Commercial development

Underwriting

Education

Bachelor's degree in business or finance

MBA preferred

Tools

Excel

Outlook

PowerPoint

Cap IQ

Salesforce

Job description

## Underwriter II, Trade CreditPostulerlocations: IL-Chicagotime type: Full timeposted on: Offre publiée aujourd'huijob requisition id: JR2602933At 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 $90,000-$120,000 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-AIGAt 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 [e-mail].