Executive Underwriter

2 weeks ago


San Francisco, California, United States Allianz Commercial Full time
If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteria

Cluster: Allianz Professional

Let's care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it's aircraft, satellites, the world's biggest ships and tallest building, cyber-attacks, or climate change impacts, AzC has the major risks covered when it comes to protecting businesses.

We are looking for an Executive Underwriter - Inland Marine. This role will be remote, and candidates must reside in one of the following states: Northern California, Colorado, Oregon, Washington (state), Colorado, or Arizona.

Your Team

Allianz Commercial (AzC) is one of the largest marine insurers in the world and is a leader in inland marine insurance and related property coverage across North America and various worldwide locations. With a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.

Our Inland Marine and Related Property Insurance solutions cover over 100 classes of business, covering all aspects of moving or movable property. Whether it's a building under construction or a shipment of an original Picasso, our inland marine insurance underwriters provide flexible and creative solutions for the most challenging of inland marine exposures.

The Impact You Will Have

Reporting to the Zone LoB Head Inland Marine West, this position will take prime responsibility for underwriting profitable new and renewal business to meet the inland marine line of business targets in accordance with underwriting guidelines and underwriting authority. In addition, negotiate pricing, and terms and conditions, own accounts/clients, while developing and maintaining strong relationships with producers and clients in partnership with Market Management.

Some of your specific responsibilities could include:
  • Underwriting new and renewable accounts to meet top and bottom-line targets (local and/or regional). Negotiating participation, pricing and terms and conditions with brokers.
  • Underwriting in line with LoB governance framework - e.g., Underwriting authorities, global MSU, Underwriting Guidelines, Rules and Principles while ensuring utilization of global pricing tools.
  • Ensuring accurate policy documentation issued to broker or broker has issued documentation.
  • Supporting development and execution of regional Underwriting strategy.
  • Training, developing, and coaching less experienced staff.
  • Proactively support acquisition of new business, retention of existing business, and proactively drive involvement of functional areas in Underwriting process, including MMC, ARC, Claims, Operations, Risk Managers, and other relevant stakeholders.


What You'll Bring to the Role -
  • We'd like to find someone with a minimum 7 years' proven track record in underwriting profitable inland marine business, demonstrable, established relationships with brokers at the peer group level and established within the market. A good understanding of regional/location inland marine Insurance markets and competitor landscape.
    • Well versed in multiple inland marine products such as construction, transportation, miscellaneous coverages, and property (i.e., builder's risk, contractor's equipment, motortruck cargo, physical damage, mono line property for small to medium risks, and scheduled property floaters).
    • We would also consider candidates who have a combination of 5 years' inland marine underwriting experience and 2 years of property underwriting experience.
  • Preferably a bachelor's degree in Risk Management, Insurance, Business Administration, Finance or Economics. Completion of a professional insurance qualification.
  • Relationship building and networking skills who can build with a community of experts, collaborating with our Lines of Business on innovative products and services to drive our inland marine agenda.


The annualized base pay range for this role is $117,582 to $232,293. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by several 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.

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 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 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 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 turns

From 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 planet

With 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 (AzC) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us 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 company culture.

Recruitment Agencies:
AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC 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.

#LI-NG1 #LI-Remote

Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland

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