Job Title:
Underwriting Specialist
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About Us:
Allianz is a supportive place where you can take the initiative to grow and strengthen our global leadership position. We truly care about people – both our 83 million private and corporate customers and our 142,000 employees. Our culture empowers employees to collaborate, perform, push boundaries, and challenge the industry.
About Allianz Partners:
We provide diverse expertise in automotive, international health & life, travel insurance, assistance, and direct sales. We are at the forefront of the Allianz B2B2C offering. United under one brand, Allianz Global Assistance, Allianz Global Automotive, and Allianz Care are specialist areas combining forces to create tomorrow's solutions for our clients. Our 15,000 employees work across 34 countries, combining 58 languages and 60 nationalities. Our DNA is unique: we dare and care, anytime, anywhere.
About the Role:
The purpose of this role is to perform underwriting for new business and renewals. The position reports to the Group Underwriting Manager, Allianz Partners.
Key Responsibilities:
1. Evaluate and issue quotes for corporate insurance schemes in accordance with company underwriting guidelines, pricing methodologies, and other relevant regulations.
2. Analyse claims data and risk factors to forecast future claims levels and set insurance premiums.
3. Gather and review background information to effectively assess risk.
4. Collaborate with Sales and Relationship Management teams throughout contract renewals and tenders to reach target KPIs while maintaining underwriting standards.
5. Prepare and issue client utilisation reports, including commentary and explanation of observed trends and scheme performance.
6. Act as a technical referral point for other areas of the business in relation to all Underwriting queries.
7. Form own opinions on requests and make sound underwriting decisions within authority limits.
8. Take ownership of queries received within the team and deliver a quality service and response time to colleagues.
9. Represent Underwriting team on strategic projects as needed.
10. Comply with company standards in respect of documentation and file management.
11. Update and maintain work activity reports for Management.
Requirements:
* Experience (minimum of c.3 years) in Underwriting position in relevant line of business.
* Proven track record of successful negotiations with large corporate clients.
* Proven ability to work well as part of a team and communicate effectively with others.
* Preferably Degree and/or professional insurance qualification (e.g. CII).
What We Offer:
The successful candidate will have the opportunity to work in a growing multicultural company committed to empowering its employees and furthering their development. A competitive remuneration and benefits package is offered.