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Underwriter – Trade Credit

Underwriter – Trade Credit

CompanyAmerican International Group
LocationLos Angeles, CA, USA
Salary$68000 – $83000
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • Background in credit or financial analysis
  • 1-3 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 value

Responsibilities

  • 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

Preferred Qualifications

  • 1-3 years of experience in an underwriting capacity is preferred
  • Experience in trade credit, finance, or banking preferred
  • Bachelor’s degree in business or finance preferred