American International Group

Trade Credit Senior Underwriter, East Coast

American International Group$88K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Background in credit or financial analysis with strong commercial development skills
  • Bachelor's degree in business or finance preferred
  • Solid understanding of Trade Credit processes and documentation
  • High level of commercial and sales expertise with broker relationship management experience
  • Proven portfolio analysis skills with knowledge of trade sectors
  • Experience in financial and balance sheet analysis
  • Proficiency in Microsoft Office Suite, CapIQ, Salesforce, and internal credit insurance platforms

Responsibilities

  • Develop strong relationships with brokers and clients to grow the Underwriter's trade credit portfolio
  • Underwrite complex and middle market insurance submissions, negotiating policy terms
  • Analyze domestic and international corporate credits to recommend credit limits
  • Maintain and service the existing portfolio of trade credit insurance business
  • Market and sell to brokers and clients to increase submission flow
  • Engage in underwriting and marketing projects to enhance company results
  • Train, mentor, and provide technical direction to fellow Underwriters

Benefits

  • Comprehensive benefits package focused on health, wellbeing, and financial security
  • Professional development opportunities
  • In-person collaboration encouraged to foster teamwork and support
  • AIG's Total Rewards Program prioritizes the protection of employees' personal and family matters
Full Job Description
Trade Credit Senior Underwriter, East Coast will be based in our New York City/Boston/Wilton office with the ability to support and increase the Trade Credit business in the East Coast, work strategies for the region, travel when business requires and underwrite business efficiently.

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.

How you will create an impact
  • Developing strong relationships with brokers and clients to grow the Underwriter's portfolio of trade credit business.
  • Underwriting large/complex and middle market, 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 will need to succeed
  • Qualified candidates should have a background in credit or financial analysis and strong commercial development skills
  • Bachelor's degree in business or finance preferred
  • Good understanding of Trade Credit, wordings, processes and documentation
  • High level commercial / sales expertise and broker relationship management, willing to provide sales support and business trips
  • Proven portfolio analysis skills with broad knowledge of trade sectors and deep
  • experience in financial and balance sheet analysis.
  • Willingness to make decisions, ability to work in a team, quick perception and good self-organization. Ability to work in a matrix organization
  • Proficiency in software packages Microsoft Office (Excel, Outlook, PowerPoint), CapIQ, Salesforce, internal credit insurance platforms
  • Personal initiative, commitment, accountability, resilience, flexibility
  • Second language proficiency valued


For positions based in New York, the base salary range is $81,000-$109,000. For positions based in New Jersey, the base salary range is $86,000-$106,000. For positions based in Boston, MA, the base salary range is $88,000-$105,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. 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-AIG1

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.

Functional Area:

UW - Underwriting

National Union Fire Insurance Company of Pittsburgh, Pa.

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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