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International Risk Underwriter

2 months ago


Chicago, Illinois, United States Allianz Full time
Join us in shaping the future of insurance. At Allianz Commercial (AzC), we lead the way in providing comprehensive coverage for corporate and specialty risks within the Allianz Group. Our portfolio encompasses a wide array of risks, including aviation, global enterprises, and renewable energy projects.

Position Overview
We are seeking a skilled Multinational Underwriter - Liability based in Chicago.

Your Team
The North American Liability team specializes in delivering a variety of national account liability insurance solutions. Our offerings include tailored primary policies, umbrella and excess coverage, as well as global insurance solutions that address diverse risks across multiple jurisdictions. Our clientele spans various sectors, including manufacturing, construction, real estate, retail, and technology.

Your Contribution
As a Multinational Underwriter - Liability, reporting to the Multinational Practice Leader, you will play a crucial role in expanding our Multinational Liability portfolio through effective underwriting, strategic marketing, and collaboration with other Allianz Commercial (AzC) divisions worldwide.

Key Responsibilities:
  • Lead marketing efforts by building and nurturing strong relationships with brokers and clients.
  • Apply analytical skills to evaluate and select risks.
  • Innovate solutions to meet the evolving needs of our clients by working closely with Risk Consultants and Claims teams.
  • Manage risk appetite and profitability while underwriting new and renewal multinational accounts, negotiating terms with broker partners.
  • Enhance the experience of underwriters, brokers, and clients through effective communication and negotiation skills.
  • Oversee the issuance of foreign local policies for global insurance programs in collaboration with AzC colleagues globally.
  • Deliver exceptional customer service and technical expertise.
  • Ensure that clients receive distinct value through all service interactions.
  • Engage in key projects that influence the outcomes of International Liability.
  • Maintain an in-depth understanding of the multinational insurance landscape, including products, services, and emerging trends.
Qualifications:
  • A minimum of 3 years of experience in multinational liability or a blend of multinational liability and risk management.
  • Strong analytical skills to interpret complex data from various sources.
  • Proven ability to cultivate relationships both internally and externally.
  • Excellent written and verbal communication skills.
  • Entrepreneurial mindset with a strong focus on solutions.
  • Willingness to work in a hybrid environment, with at least two days in the office each week.
The annual base salary for this role ranges from $117,582 to $201,500, reflecting a nationwide market range. Actual compensation may vary based on the role's complexity, location, and the candidate's qualifications. This base salary is part of a comprehensive compensation package that includes performance-based cash incentives.

What We Offer:
Commitment to Inclusion
We strive to create an inclusive workplace where everyone feels valued. Our hybrid working model promotes a balance between in-person collaboration and remote work.

Financial Wellbeing
We reward performance with a competitive compensation and benefits package, including a generous bonus structure and 401K options.

Career Development
We support lifelong learning through career development programs and opportunities for international mobility.

Support for Life's Changes
We offer flexible working arrangements, health and wellness benefits, and support for those returning from career breaks.

Commitment to Society and Sustainability
We engage in initiatives that promote a safe, inclusive, and sustainable future for our employees, clients, and communities.

Join Allianz Commercial (AzC)
As a global corporate insurance provider, Allianz Group offers risk consultancy and a wide range of insurance solutions across various sectors. We are an equal opportunity employer, welcoming applications from diverse backgrounds.

Note: We have an in-house recruitment team and do not accept unsolicited resumes from agencies.