Senior Underwriter - Property, Allianz

Allianz

Location:
United States, New York

Category:
Insurance

Contract Type:
Employment contract

Salary:

100000.00 - 135000.00 USD / Year

Save Job

Apply Position

Job Description:

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. We are looking for a Senior Underwriter in New York for our property line of business. Reporting to the Regional Property Leader - Northeast, this position will take prime responsibility for underwriting profitable new and renewal business to meet LoB(s) targets. The role involves negotiating price, managing capacity, developing strong relationships with producers and clients, and handling large/key accounts among other responsibilities. Allianz values diversity, inclusion, and flexible working conditions.

Job Responsibility:

Underwriting new and renewal accounts to meet top and bottom-line targets
negotiating price and terms and conditions with producers
proactively managing capacity
underwriting and evaluating natural catastrophe accumulation
ensuring an understanding of catastrophe modelling and interpretation of scenarios
underwriting international insurance programs
positively representing AzC externally to the market
proactively driving involvement of functional areas in underwriting process including MMC, ARC, Claims and Operations
developing and maintaining strong relationships with key producers and clients and other relevant stakeholders
ensuring accurate policy documentation issued to producers or ensuring producer has issued documentation
ensuring file is established and maintained for each risk and transaction handled
proactively supporting completion of policy administration and credit control processes
supporting acquisition of new business and retention of existing business including client and producer negotiations where necessary
liaising with MMC on market management initiatives
participating and contributing to key projects.

Requirements:

A minimum 3 years’ proven track record in underwriting profitable Property business
in depth understanding of lob products, portfolio, regional/local insurance markets and competitor landscape
demonstrable, established relationships with brokers at the peer group level and well established within the local market
preferably a bachelor’s degree in Insurance, Risk Management, Finance, Economics, or Business Administration
ability to assess risk inherent exposures and natural hazards relevant to LoB
manage the underwriting books
analyze trends and scenario plans from which portfolio strategies can be developed and implemented
apply knowledge of how the market operates and functions, the business needs and customer needs
ability to analyze highly complex data from multiple sources, in detail
identify and resolve issues before they transpire.

Nice to have:

Experience underwriting property insurance products such as large commercial property risks, manufacturing, real estate, retail, public entity, and healthcare facilities
experience with this line of business in a broker role.

What we offer:

Hybrid working model
rewarding performance with a great compensation and benefits package
generous bonus scheme
pension
career development and digital learning programs
international career mobility
support for flexible working
private healthcare
generous parental leave benefits
support for career breaks
opportunities to engage in shaping a safe, inclusive, and sustainable future.

Additional Information:

Job Posted:
May 22, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Senior Underwriter - Property