Job Purpose / Role
The main purpose of this role is to u nderwrite profitable new and renewal business to meet . Negotia te, participate and pricing and terms and conditions . Have o wnership of accounts and clients . To d evelop and maintain strong relationships with brokers and clients .
Key responsibilities\uFF1A
- Underwrite new and renewal accounts to meet top and bottom line targets (local and/or regional). Negotiate participation, pricing and terms and conditions withbrokers. Proactively manage capacity .
- 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 accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility).
- File maintenance ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled.
- Proactively support acqusition of new business and retention of existing business( including client and broker negotiations where necessary).
- Proactively liaise with Distribution Management team on market management initiatives.
- Positively represent AGCS 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 brokers and clients and other relevant stakeholders (e.g. risk managers.
Key Experience / Requirements / Skills\uFF1A
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Proven track record in Underwriting profitable business in Property, Engineering Domain . Good understanding of LoB products and portfolio .
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Demonstrable, established relationships with brokers at peer group level and established within market.
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Understanding of legal and regulatory framework
Required Education/ Experience\uFF1A
RequiredGeneral skills\uFF1A
75173 | Underwriting | Professional| Allianz Commercial | Full-Time | Permanent
Letcare 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.
Letcare 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.
Letcare for your opportunities to progress
From career development and digital learning programmes to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Letcare for lifetwists and turns
From our support for flexible working, health, and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. Weve got your back.
Letcare for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive, and sustainable, we care for the tomorrows of our people, our industry, and our clients.
Allianz Commercial is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.
Learn more about us by clicking here .
Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic.Diversity of thinking is an important part of our company culture.
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