Since 1890, all around the globe, we at Allianz have been working hard to secure people’s lives and give our customers courage for what’s ahead. We are a diverse community of experts delivering outstanding insurance and asset management products in more than 70 countries, helping you get ready for the best, by being prepared to avoid the worst but anticipating the best

Your ambitions. Your dreams. Your tomorrow

At Allianz Commercial we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Commercial has the major risks covered when it comes to protecting businesses.



Allianz has an immediate opening for an experienced Architects and Engineers Professional Liability Executive Underwriter in the New York or Chicago office



The Impact You Will Have:

Underwrite profitable new and renewal business to meet LoB(s) targets in accordance with underwriting guidelines and underwriting authority
Negotiate price and terms and conditions for ENR 500 accounts (Revenue > $25M)
Ownership of key accounts / clients
Develop and maintain strong relationships with producers and clients in partnership with Market Management
Work effectively within the global matrix


Key Responsibilities:

Support Underwriting Strategy

Support development and execution of regional Underwriting strategy for Architects and Engineers Professional Liability
Support Key Business Initiatives
Generate new producer relationships
Participate/contribute to key projects
Underwrite Profitable Business

Underwrite new and renewal accounts to meet top and bottom-line targets
Negotiate price and terms and conditions with producers
Proactively manage capacity
Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LoBs)
Underwrite International Insurance Programs (for relevant LoBs)
Underwriting Approach and Compliance

Underwrite in line with LoB governance framework - e.g., Underwriting Authorities, global ASU, Underwriting Guidelines, Rules and Principles
Ensure contract certainty is achieved on all accounts at time of inception
Ensure utilization of global pricing tools
Ensure placing and binding of FAC Reinsurance prior to policy inception
Policy Documentation and Administration

Ensure accurate policy documentation issued to producers (where Allianz Commercial responsibility to do so) or producers has issued documentation (where producer responsibility)
File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
Proactively support completion of policy administration and credit control processes
Market Management

Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
Proactively liaise with MMC on market management initiatives
Relationship Management

Positively represent Allianz Commercial externally to the market
Proactively drive involvement of functional areas in Underwriting process, including e.g., Market Management & Communications, Allianz Risk Control, Claims, Operations
Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers)


Required Skills:

7+ years of experience in Underwriting profitable Architects and Engineers Professional Liability business with an in-depth understanding of related products and portfolio
In depth understanding of regional/local LoB(s) insurance markets and competitor landscape
Demonstrable, established relationships with brokers at peer group level and well established within local market
Ability to assess risk inherent exposures and natural hazards relevant to Architects and Engineers Professional Liability
Manage the underwriting books, including analyzing trends and scenario plans from which portfolio strategies can be developed and implemented
Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance
Apply the knowledge of how the market operates and functions, the business needs and customer needs

Job Title Executive Underwriter - Architects and Engineers Job Description Your ambitions. Your dreams. Your tomorrow At Allianz Commercial we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Commercial has the major risks covered when it comes to protecting businesses. Allianz has an immediate opening for an experienced Architects and Engineers Professional Liability Executive Underwriter in the New York or Chicago office The Impact You Will Have: Underwrite profitable new and renewal business to meet LoB(s) targets in accordance with underwriting guidelines and underwriting authority Negotiate price and terms and conditions for ENR 500 accounts (Revenue > $25M) Ownership of key accounts / clients Develop and maintain strong relationships with producers and clients in partnership with Market Management Work effectively within the global matrix Key Responsibilities: Support Underwriting Strategy Support development and execution of regional Underwriting strategy for Architects and Engineers Professional Liability Support Key Business Initiatives Generate new producer relationships Participate/contribute to key projects Underwrite Profitable Business Underwrite new and renewal accounts to meet top and bottom-line targets Negotiate price and terms and conditions with producers Proactively manage capacity Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LoBs) Underwrite International Insurance Programs (for relevant LoBs) Underwriting Approach and Compliance Underwrite in line with LoB governance framework - e.g., Underwriting Authorities, global ASU, Underwriting Guidelines, Rules and Principles Ensure contract certainty is achieved on all accounts at time of inception Ensure utilization of global pricing tools Ensure placing and binding of FAC Reinsurance prior to policy inception Policy Documentation and Administration Ensure accurate policy documentation issued to producers (where Allianz Commercial responsibility to do so) or producers has issued documentation (where producer responsibility) File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled Proactively support completion of policy administration and credit control processes Market Management Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary) Proactively liaise with MMC on market management initiatives Relationship Management Positively represent Allianz Commercial externally to the market Proactively drive involvement of functional areas in Underwriting process, including e.g., Market Management & Communications, Allianz Risk Control, Claims, Operations Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers) Required Skills: 7+ years of experience in Underwriting profitable Architects and Engineers Professional Liability business with an in-depth understanding of related products and portfolio In depth understanding of regional/local LoB(s) insurance markets and competitor landscape Demonstrable, established relationships with brokers at peer group level and well established within local market Ability to assess risk inherent exposures and natural hazards relevant to Architects and Engineers Professional Liability Manage the underwriting books, including analyzing trends and scenario plans from which portfolio strategies can be developed and implemented Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance Apply the knowledge of how the market operates and functions, the business needs and customer needs Post Details

Job Start Date Salary from 0.00 Salary to 0.00 Number of Vacancies 1 Location Job Location -> USA Location City USA

Desired Candidate's Profile Gender No Preference Nationality Candidate Current Location Work Experience 1-2 Years Candidate Profile Description Job Classification Job Type Job Type -> Full-time Industry Type Job Industry -> Engineering Job Function Job Functions -> Engineering Employers Details Company Allianz Contact Person Designation Telephone +498938000 Email chris.barnardallianz.com