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Senior Underwriter - Inland Marine

Allianz
O'Fallon, United Statesfull_timeVerifiedPosted 27 Nov 2024
💰 $120,857/yr($73,125/yr$120,857/yr)

About the role

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 a Senior Underwriter – Inland Marine with strong experience underwriting products/accounts such as transportation, trucking, and/or construction. This position will work a hybrid scheduled based in our O’Fallon, Missouri office.

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 Team Leader – Upper Midwest Zone Inland Marine, this position will underwrite profitable new and renewal business to meet inland marine 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.

 

Some of your specific responsibilities could include:  

  • Underwrite new and renewal accounts to meet top and bottom-line targets (local and/or regional). Negotiate participation, pricing and terms and conditions with brokers. 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)
  • Underwrite in line with LoB governance framework - e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. Ensure contract certainty is achieved on all accounts at time of inception. Ensure utilization of global pricing tools. Ensure placing and binding of FAC Reinsurance prior to policy inception.
  • Ensure accurate policy documentation issued to producers (where AzC responsibility to do so) or producers has issued documentation (where producer responsibility). F

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Company

Allianz

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