American International Group

Underwriter II, Trade Credit

American International Group$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-4 years of underwriting experience preferable
  • Background in credit or financial analysis required
  • Experience in trade credit, finance, or banking preferred
  • Proficient in Microsoft Office (Excel, Outlook, PowerPoint), Cap IQ, Salesforce
  • Bachelor's degree in business or finance required; MBA preferable
  • Strong commercial development skills
  • Excellent organizational and communication skills

Responsibilities

  • Develop and strengthen relationships with brokers and clients to expand the trade credit portfolio
  • Underwrite new and renewal insurance submissions while negotiating policy terms and conditions
  • Analyze corporate credits, evaluate financial information, and recommend/approve credit limits and terms
  • Maintain and service an existing portfolio of trade credit insurance business
  • Market and present to brokers and insureds to boost submission flow
  • Engage in underwriting and marketing projects to enhance company results
  • Train and mentor fellow underwriters to achieve group revenue targets

Benefits

  • Comprehensive benefits package focusing on health and wellbeing
  • Professional development opportunities
  • Focus on financial security
  • Supportive and collaborative in-office culture
  • Emphasis on work-life balance and family support
Full Job Description
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 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.

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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