Industrial Property Insurance Underwriter
1 month ago
We are the center of expertise for mid-sized businesses, large enterprises, and special risks within the Allianz Group. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium enterprises.
Our team provides a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting, and multinational services, as well as seamless claims handling to help our clients prepare for what's ahead.
Your Role and ResponsibilitiesIn this position as an Industrial Property Insurance Underwriter, you will play a crucial role in underwriting profitable new and renewal business, managing key client accounts, negotiating terms, pricing, and participation with brokers to secure profitable deals.
You will also assess and evaluate Natural Catastrophe Accumulation, understand catastrophe models, and interpret scenarios to ensure compliance with governance frameworks and maintain contract certainty at policy inception.
Furthermore, you will collaborate with Market Management to acquire new business and retain existing clients, build and maintain strong relationships with brokers, clients, and stakeholders such as risk managers.
What You Will Bring to the Role- A degree in Economics, Law, or a related discipline or progress toward a professional insurance qualification, such as CII.
- 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.
- Knowledge of the local property insurance markets and competitive landscape.
- An understanding of legal and regulatory requirements in the insurance industry.
- Skills in risk assessment, including evaluating exposures and natural hazards.
- Experience analyzing performance against benchmarks to drive improvements.
- Familiarity with the policy administration cycle, including information collection, policy issuance, and credit control.
The estimated annual salary for this position is €80,000 to €120,000, depending on experience and qualifications.
We offer a generous bonus scheme, pension plan, and comprehensive benefits package, which includes private healthcare and generous parental leave benefits.
Why Join Allianz CommercialAllianz is an equal opportunity employer and welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic.
We strive to create a diverse and inclusive work 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.
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