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Senior Property Underwriter

Allianz
The Netherlandsfull_timeVerifiedPosted 19 Nov 2024
💰 $60,560/yr

About the role

 

Let’s care for tomorrow. 

Your ambitions.  Your dreams.  Your tomorrow 

 

Whether it’s aircraft, international business, or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.   

 

We are looking for a Senior Property Underwriter, based in Rotterdam. 

  

Your Team 
Allianz Commercial 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 team is committed to delivering exceptional value to our clients, brokers and partners by fostering innovative solutions, building strong relationships, and maintaining the highest standards of service excellence. We strive to create a collaborative and inclusive environment where diverse perspectives drive our success, and where every team member is empowered to contribute to our collective goals. Together, we are dedicated to advancing Allianz Commercial’s mission and achieving sustainable growth in the Benelux and Nordics region. 

 

The Impact You Will Have 
As a Senior Property Underwriter, you’ll play a crucial role in underwriting profitable new and renewal business. You’ll manage key client accounts, negotiate terms, pricing, and participation, and work proactively with brokers and clients to build and strengthen these relationships. 

 

Some of your specific responsibilities could include: 

  • Underwrite profitable business, including new and renewal accounts to meet growth and profit targets 

  • Negotiate participation, pricing and terms and conditions with brokers to secure profitable deals 

  • Proactively manage exposure and capacity to ensure strategic use of resources 

  • Underwrite and evaluate capacity aggregations including Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios  

  • Proactively support acquisition of new business and retention of existing business  (including client and broker negotiations where necessary) 

  • Proactively liaise with Market Management & Distribution (MMC) on market management initiatives 

  • Positively represent Allian Commercial externally to the market 

  • Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers) 

  • Training, developing and coaching of less experienced staff (including Junior Underwriters, Operations and Credit Control) 

 

What You’ll Bring to the Role 

  • You have preferably, a degree in Economics, Law, or a related discipline or progress toward a professional insurance qualification. 

  • Solid experience and a proven track record in underwriting or broking profitable business within Property lines. Candidates from a risk engineering background are also encouraged to apply. 

  • You know the Dutch property insurance markets and competitive landscape. 

  • You have an understanding of legal and regulatory requirements in the insurance industry. 

  • You have skills in risk assessment, including evaluating exposures and natural hazards. 

  • You have experience analyzing performance against benchmarks to drive improvements. 

  • You are familiar with the policy administration cycle, including information collection, policy issuance, and credit control. 

  • You are able to persuade and motivate others to act, without executive authority 

  • You have great communication skills in English and Dutch. 

 

60560 | Underwriting | Professional | 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. 

 

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Company

Allianz

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