Executive Underwriter - Financial Lines

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 currently looking for an Executive Underwriter based in New York or Chicago.  This is a hybrid role.

 

Your Team

Allianz Commercial (AzC) employs the brightest, most passionate people in the insurance industry. We’d love for you to join our growing team! We invest in our people through training and professional development while supporting you along the way—all so you can meet your career goals. To us, the most important measure of our success is yours.

 

The Impact You Will Have

Underwrite profitable new and renewal business to meet Line of Business (LoB) targets regionally in accordance with underwriting guidelines and underwriting authority

 

Some of your specific responsibilities could include:

• Participate in the development and execution of regional Underwriting strategy for LoB(s)                                                           and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling
• Underwrite new and renewal accounts to meet top and bottom line targets
• Negotiate price and terms and conditions with producers
• Underwrite in line with Financial Lines governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
• Proactively support completion of policy administration and credit control processes
• Contribute to development and execution of regional Underwriting strategy for LoB regionally
• Training, developing and coaching of less experienced staff (including Underwriters)
• Proactively support acquisition of new business and retention of existing business  (including client and producer negotiations where necessary)
• Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)"                                                                                                      

What You’ll Bring to the Role

• 7-10 years experience in proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio
• 7-10 years experience in demonstrating established relationships with brokers at peer group level and established within market
• 7-10 years experience in understanding of regional / local LoB insurance markets and competitor landscape

• College degree preferably in Economics, Finance, Insurance Management, or Business Administration          
• Completion of professional insurance qualification (e.g. CII)                                                                                                               

​​​​​​​The annualized base pay range for this role is $138,944 - $285,828.  The annual base salary range represents nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

 

45959 | Underwriting | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

 

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.

 

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

 

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

 

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (in