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 for our Inland Marine line of business.  This role is hybrid, and candidates must physically be based in one of the following states to service area broker/clients: New York, New Jersey, Pennsylvania, or Delaware.

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 Northeast Zone Leader – Inland Marine, 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. In addition, negotiate pricing, and terms and conditions, own key accounts/clients, while developing and maintaining 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.
• Underwriting new and renewal accounts to meet top and bottom-line targets. Negotiate price and terms and conditions with producers. Proactively manage capacity. Underwriter and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (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 hand