At a Glance
- Tasks: Analyse and evaluate credit opportunities, driving business growth in Political Risk and Trade Finance.
- Company: Join AIG, a leader in global insurance with a focus on innovation.
- Benefits: Comprehensive benefits package for health, wellbeing, and professional development.
- Other info: Collaborative global team with strong career progression opportunities.
- Why this job: Make an impact in a dynamic field while advancing your career in a supportive environment.
- Qualifications: Bachelor's degree in Finance and 7-8 years of credit underwriting experience required.
The predicted salary is between 60000 - 80000 £ per year.
Join us as a Senior Underwriter, Political Risk and Trade Finance, to grow your career at the forefront of Credit Lines insurance. Make your mark in Trade Finance and Political Risk with underwriting hubs in Asia, EMEA and North America. The Political Risk group manages a global risk portfolio. This is an exciting opportunity with dual responsibilities across Political Risk & Credit Lines both of which are earmarked for growth within AIG's Global Specialty franchise.
AIG is seeking a Senior Underwriter in London for its well-established Political Risk business which specializes in the underwriting of credit products including Sovereign credit, Structured credit & Project Finance products. The role is for driving business growth across the Structured Credit and Project Finance products.
Primary Responsibilities- Analysing and evaluating a diverse range of Structured Credit and Project Finance opportunities with a view to recommend (and/or approve) and price transactions that fit within AIG's risk appetite.
- Working closely with the Product Heads of Structured Credit and Project Finance to drive business growth across various underlying sub asset classes like Infrastructure projects, Datacentres, Fund Finance, Nav lending etc.
- Establish and strengthen relationships with financial institution clients, distribution partners and reinsurers to develop and grow the business.
- Negotiate Insurance policy wordings with brokers and financial institutions and reviewing facility documentation.
- Preparation of in-depth internal credit risk (including extensive financial statement analysis) & other related transaction material in support of underwriting requests and recommendations and presenting to the credit committees.
- Proactively monitoring a diversified portfolio of Political Risk exposures to ensure compliance with internal policies and preparing regular updates and reporting for management (e.g. covenant monitoring, obligor performance, sector and country analysis).
- Ensure deteriorating obligor trends are timely identified and work jointly with Claims division to manage problem credits and workout situations.
- Bachelor's Degree, preferably Finance related.
- Preferably at least up to 7 to 8 years proven experience in credit underwriting or banking / syndication / origination role, with a track record in managing credit approval processes and negotiation/execution of loan and insurance documentation.
- Strong Experience in lending products, various asset classes including Asset Finance.
- Extensive level of technical product & industry knowledge with excellent written & oral communication skills.
- Strong team player with the ability to work in strong collaboration within a Global team.
- Precedent of successful career progression demonstrated through experience.
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.
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.
Senior Underwriter- Political Risk and Trade Finance in London employer: Dormont Manufacturing Co
AIG is an exceptional employer, offering a dynamic work environment in London where you can thrive as a Senior Underwriter in Political Risk and Trade Finance. With a strong focus on employee growth and a comprehensive Total Rewards Program, AIG prioritises your health, wellbeing, and professional development, ensuring you have the support needed to excel in your career. Join a collaborative global team that values diversity and fosters meaningful relationships with clients and partners, making a significant impact in the world of credit insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter- Political Risk and Trade Finance in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend relevant events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Underwriter role.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge. Dive deep into Structured Credit and Project Finance topics. We want you to be the go-to person in discussions, showing off your expertise and confidence!
✨Tip Number 3
Don’t forget to tailor your pitch! When you get the chance to speak with potential employers, highlight your experience in credit underwriting and how it aligns with their needs. We’re all about making connections that matter.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and eager to join our team at AIG.
We think you need these skills to ace Senior Underwriter- Political Risk and Trade Finance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in credit underwriting and any relevant projects you've worked on. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about Political Risk and Trade Finance. Share specific examples of your achievements that demonstrate your fit for the role.
Showcase Your Communication Skills:Since strong communication is key in this role, make sure your application reflects that. Use clear, concise language and ensure there are no typos or grammatical errors. We appreciate attention to detail!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Stuff
Make sure you brush up on your knowledge of Structured Credit and Project Finance products. Familiarise yourself with the latest trends in Political Risk and how they impact underwriting decisions. This will not only show your expertise but also your genuine interest in the role.
✨Showcase Your Experience
Prepare to discuss specific examples from your past roles that highlight your experience in credit underwriting and negotiation. Be ready to explain how you've successfully managed credit approval processes and what strategies you've used to drive business growth.
✨Build Rapport
Since relationship-building is key in this role, practice how you'll establish rapport with interviewers. Think about how you can demonstrate your ability to strengthen relationships with financial institutions and partners during the conversation.
✨Ask Insightful Questions
Prepare thoughtful questions that reflect your understanding of AIG's Political Risk business and its growth strategy. This shows you're not just interested in the job, but also in how you can contribute to the company's success.