AIG | Senior Trade Finance Underwriter

Responsibilities

• It’s an opportunity to grow your skills and experience as a valued member of the team.
• This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
• Perform credit analysis, and recommending and/or approving appropriate credit limits and terms.
• Analyze trade life cycle/ working capital needs in relation to buyers and seller risks in trade transactions.
• Liaise closely with other insurance risk and credit underwriters and credit committees to obtain appropriate approvals and validate structures.
• Assist with negotiations of policy, trade and funding documentation to protect AIG’s interests and meet client requirements and liaise with legal on same.
• Liaise with relevant AIG business departments (tax, accounting, compliance, onboarding, legal, new product development, vendor/ business partner onboarding, operations) on transactions.
• Ensure policies and risks remain compliant with AIG underwriting guidelines, processes and procedures.
• Liaise closely with onboarding teams where corporates or funders are onboarded into AIG structures.
• Support to identify and develop client-focused products and strategies for variety of clients (banks, alternative funders and other financiers) including cross-sell opportunities.
• Support origination strategies and engage with prospects & brokers including managing certain client relationships.
• Engage with and support sales initiatives and development of communications for brokers, banks, and other distribution stakeholders.
• Engage in Broker / Client meetings as often as possible to ensure local market presence.
• Prepare succinct summaries, business plans, models and high level data on financials and business growth for onwards distribution to manager and AIG senior management and investors (including presentations to key stakeholders).
• Assist to enhance trade transaction related processes.
• Make your mark in Underwriting
• Take ownership of transactional due diligence, structuring and commercial underwriting of trade transactions from origination to execution including analyzing structural risks and mitigants, eligibility criteria, sizing credit reserves/deductibles, modelling and premium setting
• Escalate key issues or concerns in succinct clear manner to managers
• Take ownership of the monitoring of live trade transactions including structural changes, endorsements and renewals particularly on credit analysis and changes
• Attend and where relevant deliver training to local and global colleagues on trade products
• Reimagining insurance to make a bigger difference to the world

Experience with new business generation

• Proven ability to distil accounts, financial and written information.
• Strong communication skills, written and oral, presentations.
• Organizational skills and project management.
• Ability to manage time pressure, deadlines and competing tasks/ prioritize.
• Ability to handle a varied workload in a diverse and growing portfolio.
• Interpersonal skills - team player with internal and external stakeholders/ clients.
• Languages helpful, ability to engage with diverse, global teams.
• Ability to work in a changing environment.
• Expertise in Excel, PowerPoint, Word.
• Basic transactional modelling and forecasting.
• We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals.
• We consider qualified applicants with criminal histories, consistent with applicable law.
• Experience with new business generation
• Proven decision making skills

AIG

AIG is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "American International Group, Inc, (AIG), is a global insurance organization providing a range of insurance and other financial services."

Its finance, accounts, audit and tax openings in India are mostly in Ny-New York, Ct-Wilton, Vt-Burlington and In-Jeffersonville.

• Industry: BFSI / Investments / Insurance