Executive Underwriter - Financial Lines
Company: Disability Solutions
Location: Los Angeles
Posted on: October 29, 2024
Job Description:
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 currently looking for an Executive Underwriter based in Los
Angeles. Your Team Allianz Commercial (AzC) employs the brightest,
most passionate people in the insurance industry. We'd love for you
to join our growing team! We invest in our people through training
and professional development while supporting you along the way-all
so you can meet your career goals. To us, the most important
measure of our success is yours. The Impact You Will Have
Underwrite profitable new and renewal business to meet Line of
Business (LoB) targets regionally in accordance with underwriting
guidelines and underwriting authority Some of your specific
responsibilities could include:
- Participate in the development and execution of 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
- Training, developing and coaching of 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)" What
You'll Bring to the Role
- 7-10 years experience in proven track record in Underwriting
profitable business in LoB. Good understanding of LoB products and
portfolio
- 7-10 years experience in demonstrating established
relationships with brokers at peer group level and established
within market
- 7-10 years 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)
The annualized base pay range for this role is $166,773 - $285,828.
The annual base salary range represents nationwide market range.
The actual salary for this position may be above and will be
determined by a number of 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. 55915 - Underwriting - Professional - Allianz
Commercial - Full-Time - Permanent 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-DNP #LI-Hybrid Nearest
Major Market: Los Angeles
Keywords: Disability Solutions, Baldwin Park , Executive Underwriter - Financial Lines, Accounting, Auditing , Los Angeles, California
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