Executive Underwriter - Property, Allianz

Allianz

Location:
United States, Chicago ▼
Cleveland
Minneapolis

Category:
Insurance

Contract Type:
Not provided

Salary:

125366.00 - 195190.00 USD / Year

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Job Description:

At Allianz Commercial (AzC), a global leader in corporate property insurance, the Executive Underwriter position involves underwriting profitable new and renewal business in line with regional strategies, supporting team development, and contributing to key industry projects. The role requires specialized knowledge in corporate property, advanced risk assessment capabilities, and relationship building with brokers and clients.

Job Responsibility:

Contribute to development and execution of regional underwriting strategy for LoB regionally
Training, developing and coaching of experienced staff
Manage complex referrals from underwriters and re-underwrite complex business as appropriate
Underwrite new and renewal accounts to meet top and bottom-line targets
Negotiate price and terms and conditions with producers
Proactively manage capacity
Underwrite and evaluate natural catastrophe accumulation
Underwrite international insurance programs
Develop and maintain relationships with producers and clients
Ensure accurate policy documentation issuance and file maintenance
Support policy administration and credit control processes
Support acquisition of new business and retention of existing business
Participate and contribute to key projects.

Requirements:

A minimum 7 years’ proven track record in underwriting profitable Property business with greater than 7 years’ property experience
Experience underwriting property insurance products such as large commercial property risks, manufacturing, real estate, retail, public entity, and healthcare facilities, OR having worked this line of business in a broker role
In-depth understanding of LoB products, portfolio, regional/local insurance markets and competitor landscape
Demonstrable, established relationships with brokers at the peer group level and well established within local market
Preferably a bachelor’s degree in Insurance, Risk Management, Finance, Economics, or Business Administration
Ability to assess risk inherent exposures and natural hazards relevant to LoB
Ability to analyze highly complex data from multiple sources, in detail, and identify and resolve issues before they transpire.

What we offer:

Hybrid working model
Generous bonus scheme
Pension
Flexible working arrangements
Private healthcare
Generous parental leave benefits
Career development and digital learning programs
International career mobility
Inclusive environment fostering empowerment
Rewards for performance via annual performance-based cash incentive awards.

Additional Information:

Job Posted:
April 26, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Executive Underwriter - Property