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AIG

Underwriter II, Trade Credit

AIG is hiring an Underwriter II, Trade Credit in Chicago, United States. It pays $65k-$85k a year and Level rates it ; you can apply on AIG.

Level's read on this job

  • Little AI ●○○○ is how Level rates this role: aI is not part of the work.
  • Tools and skills the posting cites include underwriting, risk management and financial analysis.
  • Level classifies it as a mid-level role.
  • Level lists 408 other open roles at AIG.

AI in this role

Underwrite trade credit insurance portfolios, analyze corporate credits, and manage broker relationships.

underwritingrisk-managementfinancial-analysistrade-creditrelationship-management

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter, Trade Credit to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

Your future team

AIG Trade Credit develops insurance solutions that address the exposures of companies globally, and embody AIG’s tradition of innovation, underwriting excellence and bringing to market groundbreaking insurance solutions to corporates.

Your contribution at AIG

As an Underwriter II, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders, making sound decisions using data, analysis, experience, and judgment, along with a risk mindset. Ultimately, you take ownership for key outcomes.

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

The Underwriter II manages relationships and reviews 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 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:

  • Qualified candidates should have a background in credit or financial analysis and strong commercial development skills.
  • 1 to 4 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 required. MBA preferable
  • Second language proficiency valued

Ready to take your career to the next level? We would love to hear from you.


The base salary range for this position is $65,000-$85,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply- your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.


#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Functional Area:

UW - Underwriting

National Union Fire Insurance Company of Pittsburgh, Pa.

How we rate this

Underwriter II, Trade Credit at AIG rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

UnderwritingRisk ManagementFinancial AnalysisTrade CreditRelationship Management

Questions you could be asked

  1. Tell me about a project where underwriting was part of your work. What did you do?
  2. Tell me about a project where risk management was part of your work. What did you do?
  3. Tell me about a project where financial analysis was part of your work. What did you do?
  4. Tell me about a project where trade credit was part of your work. What did you do?
  5. Tell me about a project where relationship management was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Underwriting, Risk Management, Financial Analysis, Trade Credit, and Relationship Management. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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