Senior Underwriter - Property
Allianz
We are looking for a Senior Underwriter to join our Property Team. This will be a remote role based in San Francisco, California. Possible consideratinon for Seattle, Los Angeles, San Diego or Denver.
Your Team
Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our Allianz Commercial Property network.
Our experience speaks for itself, insuring the majority of Allianz Commercial Property Fortune 500 companies, managing over 1000 Allianz Commercial property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.
When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!
The Impact You Will Have
As an Underwriter, you will play a crucial role in driving the profitability and growth of our Property Line of Business (LoB). Your expertise will ensure that new and renewal business meets our targets, while adhering to underwriting guidelines and authority. You will be instrumental in negotiating price, terms, and conditions, and will take ownership of key accounts and clients. By developing and maintaining strong relationships with producers and clients, in partnership with Market Management, you will contribute significantly to our success.
Some of your specific responsibilities could include:
- Underwrite profitable new and renewal accounts to meet top and bottom line targets, negotiating participation, pricing, and terms with brokers.
- Evaluate Natural Catastrophe Accumulation and ensure an understanding of catastrophe modeling and interpretation of scenarios.
- Ensure contract certainty at inception and utilize global pricing tools effectively.
- Manage policy documentation and administration, ensuring accurate issuance and file maintenance.
- Support the development and execution of regional underwriting strategy, including training and coaching of less experienced staff.
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