Trade Credit Middle Market Junior Underwriter
AIG · New York, NY · 3 days ago
Management$76k/yrFull-time
About the Role
The 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.
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 with focus on 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'll Need to Succeed
- Background in credit or financial analysis and strong commercial development skills
- 1+ 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 preferred
- Second language proficiency valued
Pay
The base salary range for this position is $76,000-$86,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.