Jobs · Management · New York

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.

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