Executive Underwriter-Inland Marine
Compensation: $96,570.00 - $157,290.00 /year *
Employment Type: Full-Time
Industry: Financial Services - Insurance
Job Purpose/Role The purpose of the Inland Marine & Related Property Executive Underwriter is to: 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 Ownership of key accounts / clients Develop and maintain strong relationships with producers and clients in partnership with Market Management Coach and mentor Underwriters Key Responsibilities Support Underwriting Strategy: Participate in the development and execution of regional underwriting strategy for Inland Marine & Related Property. Work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling 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 Relationship Management: Positively represent AGCS externally to the market. proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations. develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g. risk managers) Policy Documentation and Administration: Ensure accurate policy documentation issued to producers (where AGCS 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 andproducer negotiations where necessary, proactively liaise with MMC on market management initiatives Support Key Business Initiatives/Misc.: Participate / contribute to key projects, training and development of underwriters in Lob, e.g. Associate Underwriters and Underwriters, referral point for other underwriters. participate in cross regional activities as required / requested Key Requirements/Skills/Experience Bachelor Degree: Preferably degree in Economics, Finance, Insurance Mgmt, or Business Administration Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire. Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story IT skills (Office applications): Use general office application tools e.g. Power Point, Excel, Word. Influencing skills: Ability to persuade and motivate others to act, without executive authority 11 years: Proven track record in Underwriting profitable business in Inland Marine 11 years: In depth understanding of Inland Marine products and portfolio 11 years: In depth understanding of regional / local Inland Marine insurance markets and competitor landscape 11 years: Demonstrable, established relationships with brokers at peer group level and well established within local market Reference Code AGCS-6357528-2 Allianz is the home for those who dare ? a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people ? both its 88 million private and corporate customers and more than 140,000 employees ? Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers? trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group. Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation. Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs). Worldwide, AGCS operates in 30 countries with own units and in over 210 countries and territories through the Allianz Group network and partners. In 2016, it employed around 5,000 people and provided insurance solutions to more than three quarters of the 'Fortune Global 500' companies, writing a total of ?7.6 billion gross premium worldwide. AGCS SE is rated AA by Standard & Poor?s and A by A.M. Best. More information about careers at Allianz Global Corporate Specialty can be found at www.agcs.allianz.com/careers
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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