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AIG

Business Development Underwriter - Trade Credit

Reposted 2 Hours Ago
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In-Office
London, Greater London, England
Mid level
In-Office
London, Greater London, England
Mid level
The role involves promoting AIG's brand through broker engagement, managing risk underwriting, credit analysis, and supporting new business premium growth.
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Join us as a Trade Credit Business Development Underwriter to grow your career at the forefront of Trade Credit insurance.
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter focusing on strategic and multinational accounts 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 Trade Credit

We are currently recruiting a Trade Credit New Business Underwriter to join our Middle Market team. The successful candidate will be responsible for promoting the AIG brand through broker engagement and assisting in new business premium growth in line with AIG growth strategy and broker engagement drive. Collaboration between new business risk underwriting and sales team to ensure we put our best terms forward first time round.

How you will create an impact

The successful candidate will be responsible for promoting the AIG brand through broker engagement and assisting in new business premium growth in line with AIG growth strategy and broker engagement drive. Collaboration between new business risk underwriting and sales team to ensure we put our best terms forward first time round.

The position commands a solid risk underwriting discipline, which includes buyer risk evaluation.  

Main areas of responsibility:

  • Grow the Middle market new business book of business and help develop a strong pipeline of new business opportunities through the broker network.
  • Support new business team with timely responses to new business quotes
  • Maintaining first class customer service experience in line with agreed service levels
  • Supporting New Business underwriters with the procurement and on boarding new policyholders
  • Credit analysis, Limit approval within predefined authorities
  • Keeping up to date with market, economic, sector and country news
  • Build and maintain strong relationships with brokers, intermediaries, and service providers
  • Establish a culture of underwriting excellence through improved underwriting decision making, risk selection and data quality including through rigorous adherence to Underwriter Scorecard KPIs
  • Self-development utilizing available company resources to grow, including regulatory requirements

What we’re looking for:

  • Previous experience working in Risk analysis and underwriting is essential.  
  • At least 2 to 3 years work experience in trade credit sector
  • Understanding of commerce, economics, and accountancy
  • Sound credit analysis skills (P&L, balance sheet, and cash flow understanding along with key ratio analysis and proven ability to write credit reports)
  • Analytical skills to assess all sizes of companies in all business sectors, including ability to articulate results, credit risk assessment, problem solve and provide recommendations.
  • Pro-active ‘team player’ who can deliver the team objective as well as individual goals.
  • Ensure policies and risks remain compliant with AIG underwriting guidelines, audit requirements, processes, and procedures. 
  • Ability to build strong relationships based on integrity and trust
  • Proficient with Excel and Word. 
  • Good communication skills (written and verbal)
  • Excellent customer service disciplines, problem solving mentality
  • Ability to self-manage, self-driven and desire to further develop
  • If you feel you have the desired attributes, can add value to our company and want to join a strong team, please apply.

#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 [email protected].  

Functional Area:

UW - Underwriting

AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd

Top Skills

Excel
Word

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