Senior Underwriter- Political Risk and Trade Finance

Senior Underwriter- Political Risk and Trade Finance

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Dormont Manufacturing Co

At a Glance

  • Tasks: Analyse and evaluate Structured Credit and Project Finance opportunities to drive business growth.
  • Company: Join AIG, a leader in Credit Lines insurance with a global presence.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Collaborative global team environment with strong career progression opportunities.
  • Why this job: Make an impact in Political Risk and Trade Finance while advancing your career.
  • 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.

How you will create an impact:

  • 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.

What you’ll need to succeed:

  • 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.

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.

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 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, AIG provides comprehensive benefits through its Total Rewards Program, ensuring your health, wellbeing, and professional development are prioritised. Join a collaborative global team that values diversity and fosters meaningful career progression in the exciting field of credit lines insurance.

Dormont Manufacturing Co

Contact Details:

Dormont Manufacturing Co Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter- Political Risk and Trade Finance

Tip Number 1

Network like a pro! Reach out to your connections in the finance and underwriting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by researching AIG’s Political Risk and Trade Finance sectors. Understand their products and recent developments. This will help you showcase your knowledge and passion during the interview, making you stand out from the crowd.

Tip Number 3

Practice your negotiation skills! Since the role involves negotiating insurance policy wordings, being able to articulate your thoughts clearly and confidently will be key. Role-play with a friend or mentor to sharpen those skills before the big day.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get that application in and let’s make it happen!

We think you need these skills to ace Senior Underwriter- Political Risk and Trade Finance

Credit Underwriting
Structured Credit Analysis
Project Finance Knowledge
Financial Statement Analysis
Negotiation Skills
Relationship Management
Portfolio Monitoring

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 written and oral communication skills are key for this role, make sure your application reflects that. Keep your language clear and professional, and don’t forget to proofread for any typos!

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, it shows us you’re serious about joining our team!

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. Being able to discuss specific examples will show that you're not just knowledgeable but also genuinely interested in the field.

Showcase Your Experience

Prepare to discuss your previous roles in credit underwriting or banking. Highlight specific achievements, especially those related to managing credit approval processes and negotiating loan documentation. Use the STAR method (Situation, Task, Action, Result) to structure your responses for clarity and impact.

Build Rapport

Since this role involves establishing relationships with clients and partners, practice your interpersonal skills. Be ready to discuss how you've successfully built and maintained professional relationships in the past. A friendly yet professional demeanour can go a long way in making a positive impression.

Ask Insightful Questions

Prepare thoughtful questions about AIG’s approach to Political Risk and Trade Finance. Inquire about their growth strategies and how they foresee the market evolving. This not only shows your interest but also gives you valuable insights into the company’s vision and culture.