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Underwriting Analyst - Financial Lines

https://www.allianz.com Logo

Allianz

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Location:
Canada, Toronto

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Category:
Finance

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Contract Type:
Not provided

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Salary:

76219.00 - 118661.00 USD / Year

Job Description:

Allianz Commercial is looking for an Underwriting Analyst in Financial Lines based in Toronto. The role involves underwriting profitable new and renewal business, negotiating terms with producers, and maintaining strong relationships with brokers and clients. The position offers a hybrid working model and comprehensive benefits.

Job Responsibility:

  • Underwrite new and renewal accounts to meet top and bottom-line targets
  • Negotiate, price, and terms and conditions with producers
  • MSU, Underwriting Guidelines, Rules and Principles
  • Conduct thorough underwriting analysis of Private and Non-Profit organizations, including reviewing financial statements, risk exposures, and claims history
  • Proactively support completion of policy administration and credit control processes
  • Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
  • Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders

Requirements:

  • 1-3 years' experience in proven track record of Underwriting profitable business in Financial Lines
  • 1-3 years' experience in demonstrating established relationships with brokers at peer group level and established within market
  • 1-3 years' experience in understanding of regional / local LoB insurance markets and competitor landscape
  • 1-3 years' experience working in complex, global matrix organization
  • College degree preferably in Economics, Finance, Insurance Management, or Business Administration
  • Progress towards professional insurance qualification preferred (e.g. RPLU)

Nice to have:

Progress towards professional insurance qualification preferred (e.g. RPLU)

What we offer:
  • Hybrid working model
  • Great compensation and benefits package
  • Generous bonus scheme and pension
  • Career development and digital learning programs
  • International career mobility
  • Support for flexible working
  • Health and wellbeing (including private healthcare and generous parental leave benefits)
  • Opportunities to be engaged in shaping a future that is safe, inclusive and sustainable

Additional Information:

Job Posted:
May 07, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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