Senior Underwriter - Property

Let’s care for tomorrow.  

Your ambitions.  Your dreams.  Your tomorrow   

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group.  Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks, or climate change impacts, AzC has the major risks covered when it comes to protecting businesses. 

 

We are looking for a Senior Underwriter in New York for our property line of business.   

 

Your Team   

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.

 

Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.

 

When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all! 

 

The Impact You Will Have  

Reporting to the Regional Property Leader - Northeast, this position will take prime responsibility for underwriting profitable new and renewal business to meet LoB(s) targets in accordance with underwriting guidelines and underwriting authority. You will negotiate price and terms and conditions, as well as develop and maintain strong relationships with producers and clients in partnership with Market Management. You will take ownership of large/key accounts and clients including negotiation of participation, pricing and terms and conditions.  

 

Some of your specific responsibilities could include:   

• Underwriting new and renewal accounts to meet top and bottom-line targets (local and/or regional), including negotiating price and terms and conditions with producers and proactively managing capacity. Underwriting and evaluating Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs). Underwrite International Insurance Programs (for relevant LoBs). 

• Positively representing AzC externally to the market. Proactively driving involvement of functional areas in Underwriting process, including MMC, ARC, Claims and Operations. Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers). 

• Ensuring accurate policy documentation issued to producers (where AzC responsibility to do so) or producer has issued documentation (where producer responsibility). Ensuring file is established (whether electronic or paper) and maintained for each risk and transaction handled. Proactively support