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 for a Senior Underwriter to join our Multinational and Strategic Trade Credit team in the UK. The successful candidate will be responsible for managing a portfolio of excess of loss (XOL) clients and supporting our new business Underwriters on our ambitious growth targets. As a dual pen underwriter, the successful candidate will be responsible for being the key point of contact for a number of XOL clients on their credit insurance arrangements. This will include setting buyer credit limits on the portfolio and also negotiating commercial terms with the client at renewal also. The role will also include development of relationships with brokers and clients to ensure successful renewals and growth of the AIG book of business in the UK.

 

How you will create an impact

Trade Credit Insurance allows clients to trade with confidence with their customers, safe in the knowledge they will get paid for the goods they sell on credit. The product can form part of a company’s risk management and also potentially provide capital relief on borrowing costs. Within the UK Strategic & Multinational team we are typically targeting the world’s largest companies to help them with their credit exposures. Expect to work with the world’s biggest and most successful names on global insurance programs.
The successful candidate will become the key contact for a portfolio of large credit insurance clients, helping them to review their customer’s credit worthiness.

 

The role will include the following:

• Hold a ‘dual-pen’ authority – forming a single point of contact for a portfolio of clients

• Work on new business development in partnership with our dedicated new business Underwriters and global Multinational leadership team

• Assessing specific counterparts and their financial statements to set agreed credit limits

• Negotiating commercial terms with our customers at year end renewals and during the mid-point of policies where appropriate

• Develop and maintain a strong relationship with key broking partners

• Working with clients to improve their credit management and steer them clear of bad debts

• Underwriting to an agreed acceptable loss ratio

• Being up to date with sector, economic and political risk trends

• Work with the head of Strategic & Multinational in the UK on budgeting and reporting

• Participate in the AIG Global Solutions team supporting the establishment of the Trade Credit Multinational AGS brans as a leading XOL market and multinational program Underwriter

• The UK Trade Credit team is on a mission of continuous improvement of our teams, processes and service offered to clients. Expect to work on a personal development pathway to improve your skillset.

 

What you’ll need to succeed

• A good understanding of financial assessment including ability to understand profit and loss, balance sheet and cash flow analysis

• Proven business acumen and successful commercial career experiences with multinational programs, MN companies and global brokers

• Good understanding of Trade Credit, wordings, processes and documentation

• Good communicator with presentation, communication and negotiation skills

• Ability to perform data analytics including competence in mathematics and Microsoft Excel

• Enjoys being part of a team and has strong team ethics

• Analytical and problem-solving skills

• A good understanding of Commerce

 

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

To Apply: Go to https://aig.wd1.myworkdayjobs.com/aig/job/London/Senior-Underwriter---Trade-Credit---Multinational---Strategic_JR2600145.
PLEASE MENTION 'CREDIT INSURANCE NEWS' WHEN APPLYING.