Senior Underwriter Property
AllianzAbout 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 Underwriter Property, based in Stockholm.
Your Team
Allianz Commercial specialises in providing comprehensive and customised insurance services and solutions for clients across the whole Property industry and as industrial specialists have a long-standing tradition of supporting our clients in respect of their Property risks placed in the Nordic market (Sweden, Denmark, Finland and Norway) and elsewhere in the world on both a lead and follow basis.
Allianz Commercial’s highly experienced underwriters have a proven track record of finding flexible solutions to the challenges brokers and their clients face. We have expert global Property insurance teams who are backed up by Allianz Commercial’s market leading capacity and our ability to underwrite risks in over 200 countries and territories. Our underwriters are also able to deploy significant capacity on a global scale.
The Impact You Will Have
Reporting to the Regional Head of Property, you will underwrite profitable new and renewal business to meet the Property Line of Business (LoB) targets in the Nordic Region, in accordance with underwriting guidelines and underwriting authority. You will negotiate terms and conditions and take ownership of your own key accounts/clients as well as develop and maintain strong relationships with our broking and client partners in coordination with our distribution/client relationship team.
Some of your specific responsibilities could include:
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Underwrite new and renewal accounts to meet top and bottom line targets
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Negotiate participation, pricing and terms and conditions with brokers
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Proactively manage exposure and capacity
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Underwrite and evaluate capacity aggregations including Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios
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Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
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Proactively liaise with Market Management & Distribution (MMC) on market management initiatives
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Positively represent Allianz Commercial externally to the market
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Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
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Training, developing and coaching of less experienced staff (including Junior Underwriters, Operations and Credit Control)
What You’ll Bring to the Role
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Preferably a degree in Economics, Law, Risk Management, Engineering or other appropriate discipline.
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Significant experience in underwriting profitable business in the Property market in the Nordic Region.
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Recognized relationships with brokers at peer group level and well established within market.
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Good understanding of regional/local Property
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