Executive 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.

 

AI technology may be used to assess applications for keywords and essential qualifications. However, all AI-filtered candidate information will be reviewed by an Allianz Commercial team member, as our AI processes are subject to human oversight. 

 

We are looking for an Executive Underwriter for the western United States 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:

As an Executive Underwriter reporting to the Regional Property Leader, West Zone, you will play a critical role in shaping the profitability and sustainability of our underwriting portfolio. You will lead the underwriting of complex new and renewal business, manage key accounts, and act as a referral point for senior underwriters. Your expertise will drive the development of underwriting strategies, foster strong relationships with producers and clients, and contribute to the growth and success of the Line of Business (LoB). By mentoring and developing the next generation of underwriters, you will leave a lasting impact on our team and the market.

 

Some of Your Specific Responsibilities Could Include:

Underwriting Strategy & Leadership

• Contribute to the development and execution of regional underwriting strategies for the Property line of business.
• Train, develop, and coach experienced staff, including Senior Underwriters.
• Manage complex referrals and re-underwrite challenging business as needed.
• Delegate work effectively to ensure operational efficiency.

Underwriting Profitable Business

• Underwrite new and renewal accounts to meet top and bottom-line targets.
• Negotiate pricing, terms, and conditions with producers.
• Proactively manage capacity and evaluate natural catastrophe accumulation, leveraging catastrophe modeling and scenario interpretation.
• Underwrite international insurance programs and ensure compliance with global standards.

Relationship Management

• Represent Allianz positively in the market and build strong relationships with key producers, clients, and stakeholders.
• Collaborate with functional areas such as Market Management, Claims, and Operations to enhance the underwriting process.

Policy Documentation and Administration

• Ensure accurate issuance of policy documentation and maintain organized files for each risk and transaction.
• Support policy administration processes, including credit control and premium bookings.

Market Management

• Drive the acquisition of new business and retention of existing clients through proactive negotiations and market management initiatives.
• Collaborate with Market Management to support key business initiatives and market strategies.

Support Key Business Initiatives

• Participate in and contribute to key projects and cross-regional activities.
• Act as a referral point for un