Underwriter II, Trade Credit

American International Group

Chicago, Northern (IL, KY)

On-site

USD 90,000 - 110,000

Full time

14 days+
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Benefits offered by this job

Competitive benefits
Total Rewards Program

Job summary

American International Group (AIG) in Chicago is seeking an Underwriter II for Trade Credit to manage relationships with brokers and clients, and to underwrite submissions and renewals. The role emphasizes strong credit/financial analysis, market-facing activities, and collaboration with internal teams.

Qualified candidates bring experience in credit or financial analysis, solid commercial development skills, and proficiency in Excel, Cap IQ, and Salesforce.

Qualifications

  • Background in credit or financial analysis.
  • Strong commercial development skills.
  • Bachelor's in business or finance required; MBA preferable.

Responsibilities

  • Underwrite new and renewal trade credit submissions and negotiate policy terms.
  • Analyze domestic and international credits, evaluating financial information to set credit limits and terms.
  • Manage relationships with brokers and clients to grow the trade credit portfolio.
  • Market, present, and drive submission flow to increase opportunities.
  • Collaborate on underwriting and marketing projects to improve results.
  • Mentor fellow underwriters and align with audit directives.

Skills

Credit analysis
Financial analysis
Commercial development
Communication
Organization

Education

Bachelor's degree in business or finance
MBA preferable

Tools

Cap IQ
Salesforce
Excel
Outlook
PowerPoint

Job description

## Underwriter II, Trade CreditApplylocations: IL-Chicagotime type: Full timeposted on: Posted Todayjob requisition id: JR2602935At 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 impac**t * 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 to 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-$110,000 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.At 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 candidatecare@aig.com.Functional Area:UW - UnderwritingNational Union Fire Insurance Company of Pittsburgh, Pa.
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