Underwriting Specialist, Trade Credit - American International Group
Los Angeles, CA
About the Job
Underwriting Specialist - Trade Credit
This Underwriting Specialist role will be an ideal next step in your career if you already have some relevant experience in insurance.
Make your mark in Underwriting
AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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 Underwriting Specialist 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.
The Underwriting Specialist is reporting to the Head of Trade Credit West Zone and is responsible for:
- Underwrite and manage a book of business composed of renewals, new business, and manage day to day operations.
- Drive underwriting excellence establishing and ensuring adherence to risk appetite, line setting (where appropriate), standards and guidelines, and ensure rating and pricing adequacy aligned with regional guidance.
- Lead and expand relationships with brokers and clients in North America to grow the business unit’s book of trade credit business.
- Executing on a structured commercial strategy aiming at identifying new business opportunities with broker partners and clients.
- Underwriting large/complex new credit insurance submissions and negotiating policy terms and conditions.
- Participating in and completing special projects as required.
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.
Qualified candidates should have:
- A proven track record of successfully growing a book of business in the trade credit industry.
- 7+ years of experience in an underwriting capacity preferred
- Strong commercial/business skills. Solid organizational and communication skills are essential.
- Strategic leadership skills in developing vision, purpose, and driving for results.
- Established strong relationships with clients and brokers.
- MBA preferred. Second language proficiency valued, and underwriting, banking, or other credit analysis experience a plus.
- Proficiency in software packages Microsoft Office (Excel, Outlook, PowerPoint), Cap IQ, Salesforce, internal credit insurance platforms.
For positions based in California, the base salary range is $91,000 - $111,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.
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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 belonging
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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional Area:
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