Trade Credit Underwriting Analyst

Posted:
9/23/2024, 12:12:20 AM

Location(s):
Community of Madrid, Spain ⋅ Madrid, Community of Madrid, Spain

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking ⋅ Sales & Account Management

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.

Underwriting

AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market ground breaking insurance solutions for our changing world.

About the role

What you need to know:

This role manages Underwriting, including planning and monitoring work, development of underwriting and/or marketing skills, and ensuring adherence to underwriting guidelines. This position has direct accountability for the business results of its location with respect to profitability, penetration and/or volume within a specific account, segment, geographic area, product or line of business.

  • Establish a book of Middle Market accounts and implements commercial action plan across business area. Identifying growth opportunities in the focus markets and execute joint with brokers and distribution teams.   

  • Consistently achieve growth and return objectives across area of responsibility – focus on Spain.  Work together with all functions of the Trade Credit organization incl. Credit Officers.

  • Manage the self-established portfolio and assigned accounts in line with underwriting strategy and adhering to underwriting standards

  • Monitor market movements and refine adaptation of local business plans.

  • Cooperate with Portfolio Manager Europe on Middle Market account management and broker partnerships.

  • Team building and common growth strategy with Distribution.

What we’re looking for:

  • Bachelors degree in Economics, Law or MBA.

  • Fluent English skills (written & spoken)

  • Proven business acumen and successful commercial career experiences

  • Ability to work in a matrix organization

  • Analytical and project management skills

  • Negotiation, presentation and communication skills

  • Proven skills in building relationships internally and externally

  • Ability to take the initiative to seek and achieve profitability across Spain and possibly multiple countries

  • Team player and motivated personality

  • Result driven

  • Good time management and priorization skills.

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Europe S.A. (Spain branch)

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management