Senior Underwriter – Specialty Lines
Company | American International Group |
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Location | Chicago, IL, USA |
Salary | $107000 – $134000 |
Type | Full-Time |
Degrees | Bachelor’s, MBA |
Experience Level | Senior |
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