Sr. Underwriter - Financial Lines

Allianz • Alpharetta, GA

241d • $99,563 - $150,064 • Remote

About The Position

Allianz Commercial is seeking a Sr. Underwriter based in Alpharetta for their Private Company Financial Lines team. This hybrid role involves underwriting profitable new and renewal business to meet Line of Business (LoB) targets regionally, in accordance with underwriting guidelines and authority. The company emphasizes investing in its employees through training and professional development, supporting career goals, and fostering a collaborative work environment.

Requirements

• 3-5 years' experience in proven track record in Underwriting profitable business in Financial Lines
• 3-5 years' experience in demonstrating established relationships with brokers at peer group level and established within market
• 3-5 years' experience in understanding of regional / local LoB insurance markets and competitor landscape
• 1-3 years' experience in understanding of legal and regulatory framework
• 1-3 years' experience working in complex, global matrix organization
• College degree preferably in Economics, Finance, Insurance Management, or Business Administration

Nice To Haves

• Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making

Responsibilities

• 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
• Conduct thorough underwriting analysis of Financial Institutions, including reviewing financial statements, risk exposures, and claims history
• Proactively support completion of policy administration and credit control processes
• 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

Benefits

• Generous bonus scheme
• Pension plan
• Private healthcare
• Generous parental leave benefits
• Flexible working arrangements
• Career development and digital learning programs
• International career mobility opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree