Senior Underwriter - Builders Risk

AZGROUPPROD • New York, NY

91d • $99,563 - $150,464

About The Position

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 to focus on writing builder’s risk business for our Construction Property team. The ideal candidate will have experience underwriting large construction property accounts such as: builder’s risk, but having experience in construction all risks (CAR), erection all risks (EAR), and civil construction/civil works is a plus. This role will is hybrid and will be based in the New York City office. Allianz Commercial specializes in providing comprehensive and customized insurance and inspection products, services and solutions for companies in the energy and construction industries. Our underwriters are also able to deploy significant capacity on a global scale. The Construction Block form by Allianz Commercial offers a breadth of new and enhanced coverages for buildings that are under construction, renovation, or repair.

Requirements

• A minimum 5 years’ proven track record in Underwriting profitable builders’ risk business.
• In depth understanding of LoB(s) products and portfolio.
• Demonstrable, established relationships with brokers at peer group level.
• Preferably a degree in Insurance, Risk Management, Finance, Economics, Business Administration, or other appropriate discipline.
• Ability to assess risk inherent exposures and natural hazards relevant to LoB.
• Ability to analyze highly complex data, from multiple sources, in detail.
• Ability to express ideas and messages clearly, both written and verbally.
• Use general office application tools e.g. Power Point, Excel, Word.

Nice To Haves

• Experience in construction all risks (CAR), erection all risks (EAR), and civil construction/civil works.
• The ability to utilize AI tools to support day-to-day tasks.

Responsibilities

• Underwrite profitable new and renewal business to meet LoB targets in accordance with underwriting guidelines and authority.
• Negotiate price and terms and conditions.
• Own key accounts/clients.
• Develop and maintain strong relationships with producers and clients in partnership with Market Management.
• Support development and execution of regional Underwriting strategy for LoB(s).
• Generate new producer relationships.
• Participate/contribute to key projects.
• Proactively manage capacity.
• Underwrite and evaluate Natural Catastrophe Accumulation.
• Ensure contract certainty is achieved on all accounts at time of inception.
• Ensure accurate policy documentation issued to producers.
• File maintenance for each risk and transaction handled.
• Proactively support acquisition of new business and retention of existing business.
• Positively represent AzC externally to the market.

Benefits

• Generous bonus scheme and pension.
• Flexible working arrangements.
• Private healthcare and generous parental leave benefits.
• Career development and digital learning programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees