Senior Underwriter- Political Risk and Trade Finance

Join us as a Senior Underwriter, Political Risk and Trade Finance, to grow your career at the forefront of Credit Lines insurance.

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.

• 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 with in 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, Data centres, 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

Functional Area:

UW - Underwriting

AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd