Posted in

Senior Underwriter – Specialty Lines

Senior Underwriter – Specialty Lines

CompanyAmerican International Group
LocationChicago, IL, USA
Salary$107000 – $134000
TypeFull-Time
DegreesBachelor’s, MBA
Experience LevelSenior

Requirements

  • Background in credit or financial analysis
  • Strong commercial development skills
  • 5+ years of experience in an underwriting capacity
  • Experience in trade credit, finance, or banking preferred
  • High proficiency in Microsoft Office (Excel, Outlook, PowerPoint), Cap IQ, Salesforce, Factiva
  • Excellent organizational and communication skills
  • Bachelor’s degree in business or finance required
  • MBA preferable
  • Second language proficiency valued

Responsibilities

  • Developing strong relationships with brokers and clients to grow the Underwriter’s portfolio of trade credit business
  • Underwriting large/complex, 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

Preferred Qualifications

  • 5+ years of experience in an underwriting capacity is preferred
  • Experience in trade credit, finance, or banking preferred
  • MBA preferable
  • Second language proficiency valued