Senior Underwriter - Financial Lines

Allianz Insurance•San Francisco, CA

31d•$99,554 - $135,000•Hybrid

About The Position

We're seeking a Senior Underwriter, Financial Lines to join our team either in San Francisco or Los Angeles. In this role, you'll evaluate and manage a portfolio of complex commercial insurance accounts, build meaningful relationships with brokers and clients, and play a key part in shaping our regional underwriting strategy. If you enjoy solving problems, negotiating creative solutions, and mentoring others, this could be the right fit for you. 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!

Requirements

5+ years of underwriting experience in Financial Lines or a related commercial insurance line of business, with a proven track record of managing a profitable portfolio
Solid understanding of the U.S. commercial insurance market, including the competitive landscape and regulatory environment
Ability to assess complex risks, interpret data from multiple sources, and make well-informed decisions
Established broker and client relationships, with the ability to build trust and credibility at all levels
Clear and confident communicator, both in writing and in person, with the ability to present ideas persuasively
Comfortable working across teams and within a global organization; able to influence and motivate others without direct authority
Experience drafting and interpreting policy language and coverage terms
A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.

Nice To Haves

Bachelor's degree preferred, ideally in Economics, Finance, Insurance Management, Business Administration, or a related field

Responsibilities

Drive profitable growth by evaluating new and renewal business opportunities and making sound decisions that support our financial goals
Serve as a trusted advisor to key brokers and clients, strengthening partnerships that fuel long-term success
Help shape the direction of our Financial Lines portfolio by contributing to regional underwriting strategy
Elevate the team by coaching and developing junior underwriters and supporting colleagues across the organization
Represent Allianz Commercial in the marketplace, building our reputation as a carrier of choice
Underwriting new and renewal accounts to meet growth and profitability targets, including negotiating pricing, terms, and conditions with brokers
Managing capacity and evaluating risk across a diverse book of business
Ensuring all accounts meet our governance standards, including adherence to underwriting guidelines, authority levels, and compliance requirements
Overseeing accurate and timely policy documentation, file maintenance, and administrative processes
Collaborating with Market Management, Claims, Operations, and other teams to deliver a seamless experience for brokers and clients
Supporting the acquisition of new business and retention of existing accounts through proactive outreach and relationship building
Managing referrals from other underwriters and re-evaluating complex accounts as needed