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The purpose of the role is to perform underwriting for new business and renewals, reporting to the Group Underwriting Manager within Allianz Partners. The role involves technical underwriting, data analysis, collaboration with sales teams, and maintaining documentation standards.
Job Responsibility:
Evaluate and issue quotes for corporate insurance schemes in accordance with company underwriting guidelines, pricing methodologies and other relevant regulations
Analyse claims data and risk factors to forecast future claims levels and set insurance premiums
Gather and review background information in order to effectively assess risk
Collaborate with Sales and Relationship Management teams throughout contract renewals and tenders to reach target KPIs, while maintaining underwriting standards
Prepare and issue client utilisation reports, including commentary and explanation of observed trends and scheme performance
Act as a technical referral point for other areas of the business in relation to all Underwriting queries
Form own opinions on requests and make sound underwriting decisions, within authority limits
Take ownership of queries received within the team and deliver a quality service and response time to colleagues
Represent Underwriting team on strategic projects, as needed
Comply with company standards in respect of documentation and file management
Update and maintain work activity reports for Management
Requirements:
Experience (minimum of c.3 years) in Underwriting position in relevant line of business
Proficiency in MS Excel is essential
Proven track record of successful negotiations with large corporate clients
Proven ability to work well as part of a team and communicate effectively with others
Preferably Degree and / or professional insurance qualification (e.g. CII)
Nice to have:
Professional insurance qualification (e.g. CII)
What we offer:
Opportunity to work in a growing multicultural company
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