Executive Underwriter
3 weeks ago
We are seeking an experienced Executive Underwriter to join our team in Los Angeles. As a key member of our underwriting team, you will be responsible for underwriting new and renewal business to meet Line of Business (LoB) targets regionally in accordance with underwriting guidelines and underwriting authority.
Key Responsibilities- Develop and execute regional 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 regional Underwriting strategy for LoB regionally.
- Train, develop, and coach 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).
- 7-10 years of experience in Underwriting profitable business in LoB, with a good understanding of LoB products and portfolio.
- 7-10 years of experience in demonstrating established relationships with brokers at peer group level and established within the market.
- 7-10 years of experience in understanding of regional/local LoB insurance markets and competitor landscape.
- College degree preferably in Economics, Finance, Insurance Management, or Business Administration.
- Completion of professional insurance qualification (e.g. CII).
We offer a comprehensive compensation and benefits package, including a generous bonus scheme and pension. We also provide opportunities for career development and digital learning programs, as well as international career mobility. Our hybrid working model recognizes the value of striking a balance between in-person collaboration and remote working.
About AllianzAllianz Commercial (AzC) is a global corporate insurance carrier and part of the 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.
Equal Opportunities EmployerAllianz is an equal opportunities employer and welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic.
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