Underwriting Specialist - Professional Indemnity - Allianz : Job Details

Underwriting Specialist - Professional Indemnity

Join to apply for the Underwriting Specialist - Professional Indemnity role at Allianz Commercial

Underwriting Specialist - Professional Indemnity

1 day ago Be among the first 25 applicants

Join to apply for the Underwriting Specialist - Professional Indemnity role at Allianz Commercial

Get AI-powered advice on this job and more exclusive features.

Our Professional Indemnity Financial Lines team is currently looking for an Underwriting Specialist based in Chicago or New York. This is a hybrid role.Your TeamAllianz Commercial (AzC) employs the brightest, most passionate people in the insurance industry. We'd love for you to join our growing team! We invest in our people through training and professional development while supporting you along the way—all so you can meet your career goals. To us, the most important measure of our success is yours.The Impact You Will HaveUnderwrite profitable new and renewal business to meet Line of Business (LoB) targets regionally in accordance with underwriting guidelines and underwriting authority.Some of your specific responsibilities could include:

• Participate in the development and execution of Zonal Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling.
• Underwrite new and renewal accounts to meet top and bottom-line targets.
• Negotiate price and terms and conditions with producers.
• Underwrite in line with Financial Lines governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
• Proactively support completion of policy administration and credit control processes.
• Contribute to development and execution of zonal Underwriting strategy for LoB.
• Training, developing and coaching of less experienced staff (including Underwriters).
• 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 (e.g. risk managers).

What You'll Bring To The Role

• 5-7 years' experience in Underwriting profitable business in Professional Indemnity. Specialized expert understanding of Miscellaneous Professional, Lawyers Professional, Accountants Professional, and/or Insurance Agents & Brokers.
• 5-7 years' experience in demonstrating established relationships with brokers at peer group level and well established within market.
• 5-7 years' experience in specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements.
• 3-5 years' experience in good understanding of legal and regulatory framework.
• 3-5 years' experience working in complex, global matrix organization.
• College degree preferably in Economics, Finance, Insurance Management, or Business Administration.
• Completion of professional insurance qualification (e.g. CII, RPLU) is a plus

The annualized base pay range for this role is $134,147 - $229,966. The annual base salary range represents nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.65331 | Underwriting | Professional | Allianz Commercial | Full-Time | PermanentWhat's in it for you?Let's Care About Everything That Makes You, YouWe are committed to nurturing an inclusive 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. Please feel free to discuss flexible working arrangements with us.Let's care for your financial wellbeingWe 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 progressFrom career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.Let's care for life's twists and turnsFrom our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.Let's care for our society and our planetWith opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows 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 industry players through to family-owned enterprises forming the backbone of nations' economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk 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 in 2022 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 cultural background, 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 made during the application and selection process, please email [email protected] Agencies:Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionFinance and Sales
• IndustriesFinancial Services and Insurance

Referrals increase your chances of interviewing at Allianz Commercial by 2x

Get notified about new Underwriter jobs in New York, NY.

New York City Metropolitan Area $65,000.00-$80,000.00 1 week ago

New York, NY $175,000.00-$225,000.00 3 weeks ago

New York, NY $80,800.00-$135,400.00 19 hours ago

New York, NY $101,700.00-$137,280.00 4 days ago

New York, NY $90,000.00-$120,000.00 1 week ago

New York, NY $160,000.00-$200,000.00 1 month ago

New York, NY $65,000.00-$85,000.00 1 year ago

New York, NY $125,000.00-$170,000.00 9 months ago

Associate Underwriter - Personal Lines Insurance

New York, NY $50,000.00-$70,000.00 1 week ago

Leveraged Finance Underwriter (C12/AVP) New York, NY

New York, NY $109,120.00-$163,680.00 1 week ago

New York, NY $170,000.00-$180,000.00 1 week ago

Leveraged Finance Underwriter – (C12/AVP) New York, NY

New York, NY $109,120.00-$163,680.00 2 weeks ago

New York, NY $92,660.00-$123,701.00 1 week ago

Personal Line Underwriter (Homeowners & Dwelling Fire) - HYBRIDEntry Level - Associate Insurance Underwriter

New York City Metropolitan Area $135,000.00-$160,000.00 3 weeks ago

Global Underwriting Firm Hiring Tax Underwriter

New York City Metropolitan Area 1 month ago

Underwriting and Account Boarding Specialist II

New York, NY $102,556.00-$222,776.00 4 days ago

Great Neck, NY $60,000.00-$80,000.00 3 days ago

New York, NY $78,375.00-$122,071.00 5 days ago

Underwriter, Industrial and Global Property

New York, NY $110,000.00-$190,000.00 6 days ago

We're unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr