Executive Underwriter - Wholesale Property
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About Allianz Commercial
Allianz Commercial (AzC) specializes in corporate property insurance for complex risk exposures across more than 200 countries and territories. We focus on large international risk portfolios, offering tailor-made 'All Risks' property damage and business interruption insurance through our global network.
Our experience includes insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and supporting an underwriting team with an average of over 20 years’ experience, backed by risk consultants and claims specialists worldwide.
We underwrite insurance for renowned sports venues, entertainment facilities, airlines, retail/wholesale companies, banks, and manufacturers.
The Impact You Will Have
Reporting to the Regional Property Leader - South, your responsibilities include underwriting profitable new and renewal business, negotiating prices and terms, training and developing the team, and maintaining strong relationships with producers and clients. You will also own wholesale relationships, including negotiations on participation, pricing, and terms.
Key Responsibilities
- Contribute to regional wholesale property underwriting strategy and team development.
- Underwrite new and renewal accounts, evaluate natural catastrophe risks, and manage capacity.
- Represent AzC externally, develop relationships with stakeholders, and ensure accurate policy documentation.
- Participate in projects and regional activities as needed.
Qualifications
- Minimum 7 years’ experience in underwriting profitable wholesale property business.
- Deep understanding of wholesale property products, markets, and competitor landscape.
- Established relationships with brokers and local market expertise.
- Ability to assess risk exposures and analyze complex data.
- Bachelor’s degree in Insurance, Risk Management, Finance, Economics, or Business Administration preferred.
Compensation and Benefits
The annual base pay ranges from $125,366 to $195,190, depending on factors like experience, skills, and location. The total package includes performance-based incentives, benefits, and a comprehensive rewards program.
What We Offer
- Inclusive environment with flexible hybrid working options.
- Competitive pay, bonuses, pension, and wellbeing programs.
- Career development, digital learning, and international mobility opportunities.
- Support for work-life balance, health, and life’s changes.
- Commitment to societal and environmental sustainability.
Join Us
Allianz Commercial is part of the Allianz Group, providing diverse insurance solutions globally. We are an equal opportunity employer, valuing diversity and inclusion.
Recruitment
Our in-house team sources candidates directly. We do not accept unsolicited agency resumes. For agency partnerships, please follow our established processes.
Additional Details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Finance and Sales
- Industries: Financial Services and Insurance