Senior Underwriter - Property (m/f/d)

Allianz Global Corporate & Specialty SE • Other • Frankfurt, Köln, München • 1d ago

Let's care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

Whether it's aircraft, international business, offshore wind parks, Allianz Commercial has an extensive range ofrisks covered when it comes to protecting businesses.

We are looking for an Underwriter - Property (m/f/d), based in Cologne, Munich, or Frankfurt.

Your Team

Allianz Commercial specializes in corporate property insurance for the most complex and challenging riskexposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offertailor-made 'All Risks' property damage and business interruption insurance through our global network.

Our experience speaks for itself, ensuring the majority of Global Fortune 500 companies, managing over 1000global property insurance programs, and fielding an underwriting team averaging over 20 years of experience,backing up a worldwide team of risk consultants and claims specialists.

The Impact You Will Have

Reporting to the Underwriting Team Leader, you will facilitate the success of both new and renewed businessinitiatives, ensuring alignment with Line of Business (LoB) targets. This involves skillfully negotiating participation,pricing, and terms and conditions to optimize profitability. The ownership and management of client accounts areintegral components, emphasizing the need to cultivate and sustain robust relationships with both brokers andclients. Overall, the position requires a comprehensive approach to underwriting, encompassing strategicnegotiations and ongoing relationship development to foster business growth and meet established objectives.

Some of your specific responsibilities could include:

Underwrite new and renewal accounts to meet financial targets.
Negotiate terms and conditions, pricing, and participation with brokers.
Proactively manage capacity and evaluate Natural Catastrophe Accumulation.
Adhere to the Line of Business (LoB) governance framework and guidelines.
Ensure contract certainty and utilize global pricing tools.
Facilitate placing and binding of FAC Reinsurance.
Support policy administration, credit control, and acquisition/retention efforts.

What You'll Bring to the Role

3 to 5 years of previous property experience, can be from insurer or broker.
Knowledgeable about legal and regulatory frameworks
Experience working in a complex, global matrix organization
Demonstrated influencing skills without executive authority
Strong analytical skills for absorbing and examining data in detail, drawing appropriate conclusions
Fluency in English and German is essential.

What's in it for you?

Let's care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybridworking model, which recognizes the value of striking a balance between in-person collaboration and remoteworking. Please feel free to discuss flexible working arrangements with us.

Let's care 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.

Let's care 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 arefostered.

Let's care for life's twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parentalleave benefits), to helping people return from career breaks with experience that nothing else can teach. We've gotyour back.

Let's care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for thetomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the Allianz Group brand serving the world's largest consumer brands and major industryplayers through to family-owned enterprises forming the backbone of nations' economies. We bring together thecorporate multinational business of Allianz Global Corporate & Specialty and the commercial business of nationalAllianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstandingrisk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in2022 generated more than €19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or culturalbackground, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic.Diversity of thinking is an important part of our culture.

People with disabilities:

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be madeduring the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies:

Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. AllianzCommercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid inthe event a candidate submitted by a recruiter without an agreement in

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