Executive Underwriter - Financial Lines

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 currently looking for an Executive Underwriter based in New York or Chicago. This is a hybrid role. Your Team Allianz Commercial (AzC) employs the brightest, most passionate people in the insurance industry. We’d love for you to join our growing team We invest in our people through training and professional development while supporting you along the way—all so you can meet your career goals. To us, the most important measure of our success is yours. The Impact You Will Have Underwrite profitable new and renewal business to meet Line of Business (LoB) targets regionally in accordance with underwriting guidelines and underwriting authority Some of your specific responsibilities could include: • Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling • Underwrite new and renewal accounts to meet top and bottom line targets • Negotiate price and terms and conditions with producers • Underwrite in line with Financial Lines governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles • Proactively support completion of policy administration and credit control processes • Contribute to development and execution of regional Underwriting strategy for LoB regionally • Training, developing and coaching of less experienced staff (including Underwriters) • Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary) • Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)" What You’ll Bring to the Role • 7-10 years experience in proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio • 7-10 years experience in demonstrating established relationships with brokers at peer group level and established within market • 7-10 years experience in understanding of regional / local LoB insurance markets and competitor landscape • College degree preferably in Economics, Finance, Insurance Management, or Business Administration • Completion of professional insurance qualification (e.g. CII)