Executive Underwriter Inland Marine

If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteria   

Cluster:  Allianz Professional

  

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 an Executive Underwriter – Inland Marine with strong experience underwriting products such as construction, transportation, related property, contractors equipment, and builders risk.  This role will be remote and candidates must reside in Dallas, Texas.

 

Your Team  

Allianz Commercial (AzC) is one of the largest marine insurers in the world and is a leader in inland marine insurance and related property coverage across North America and various worldwide locations. With a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.

 

Our Inland Marine and Related Property Insurance solutions cover over 100 classes of business, covering all aspects of moving or movable property. Whether it's a building under construction or a shipment of an original Picasso, our inland marine insurance underwriters provide flexible and creative solutions for the most challenging of inland marine exposures.

 

The Impact You Will Have  

Reporting to the North American Inland Marine Program Lead, this position will take prime responsibility for underwriting profitable new and renewal business to meet the inland marine line of business targets in accordance with underwriting guidelines and underwriting authority. Negotiate price and terms and conditions. Ownership of key accounts/clients. Develop and maintain strong relationships with producers and clients in partnership with Market Management. Coach and mentor Underwriters

 

Some of your specific responsibilities could include:  

• Participate in the development and execution of regional Underwriting strategy for LoB(s). 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. Proactively manage capacity. Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LoBs). Underwrite International Insurance Programs (for relevant LoBs)
• Positively represent AzC externally to the market. Proactively drive involvement of functional areas in Underwriting process, including e.g., MMC, ARC, Claims, Operations. Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers)
• Ensure accurate policy documentation issued to producers (where AzC responsibility to do so) or producers has issued documentation (where producer responsibility). File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled. Proactively support completion of policy administration and credit control processes
• Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary). Proactively liaise with MMC on market management initiatives
• Participate / contribute to key projects. Training and development of underwriters in Lob, e.g.  Associate Underwriters and Underwriters. Referral point for other underwriters. Participate in cross regional activities as required/requested                                                                                                                                                             

 

What You’ll Bring to the Role –  

• A minimum 11 years’ proven track record in underwriting profitable inland marine business. In depth understanding of its products and portfolio. In depth understanding of regional/local inland marine regional/local insurance markets and competitor landscape. Demonstrable, established relationships with brokers at the peer group level and well established within the local market.
  • Well versed in multiple inland marine products such as construction, transportation, miscellaneous co