(Senior) Underwriter, Liability

(Senior) Underwriter, Liability **(Senior) Underwriter, Liability** **Let's care for tomorrow** **Your ambitions. Your dreams. Your tomorrow.** Allianz Commercial is the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it is aircraft, satellites, the world's biggest ships and tallest building, cyber-attacks, or climate change impacts, we have the major risks covered when it comes to protecting businesses. **Job Purpose/Role**: In this role, you are responsible for underwriting profitable new and renewal business to meet the Liability Line of Business (LoB) targets locally/regionally. You are also responsible for negotiation of participation, pricing, and terms and conditions. You will take ownership of accounts/clients, develop and maintain strong relationships with brokers and clients. **Key Responsibilities**: Underwrite Profitable Business - Underwrite new and renewal accounts to meet top and bottom-line targets (local and/or regional). Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity. - Underwrite International Insurance Programs (for relevant LoBs). Underwriting Approach and Compliance - Underwrite in line with LoB governance framework - e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules, and Principles. - Ensure contract certainty is achieved on all accounts at time of inception. - Ensure utilisation of global pricing tools. - Ensure placing and binding of FAC Reinsurance prior to policy inception. Policy Documentation and Administration - Ensure accurate policy documentation issued to broker (where Allianz Commercial responsibility to do so) or broker has issued documentation (where broker 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. Support Underwriting Strategy & Leadership - Support development and execution of regional Underwriting strategy for LoB regionally. - Training, developing and coaching of less experienced staff (including junior underwriters, operations, credit control). Market Management - Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary). - Proactively liaise with Distribution Management team on market management initiatives. Relationship Management - Positively represent Allianz Commercial externally to the market. - Proactively drive involvement of functional areas in Underwriting process, including e.g., Distribution Management, Risk Consulting, Claims and Operations. - Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders. **Key Experience / Requirements / Skills**: Required Experience - Proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio. - Demonstrable, established relationships with brokers at peer group level and established within market. - Good understanding of regional / local LoB insurance markets and competitor landscape. - Understanding of legal and regulatory framework. - Experience working in complex, global matrix organization. Required Education - Preferably a degree in Business Management, Actuarial, Insurance/risk management or other appropriate discipline - Completion of professional insurance qualification (e.g., CII, CGI). Technical Skills - Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to LoB. - Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings. - Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation. General Skills - Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story. - Influencing skills: Ability to persuade and motivate others to act, without executive authority. - Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire. Languages - Fluent in English. Fluency in any other local language is a plus. **What's in it for you?** **Let's care about everything that makes you, you** We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us. **Let's care for your financial wellbeing** We believe in rewarding performance with a great compensation and benefits package (details vary by location). **Let's care for