We are looking for a Senior Underwriter to underwrite US Casualty business, based in London.
The Impact You Will Have
At Allianz Commercial we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex Liability risks in the market.
Reporting directly to the Head of US Casualty, Regional Unit London, you will underwrite profitable US-domiciled Casualty business. You will develop strong broker and client relationships and undertake business travel where necessary.
Some of your specific responsibilities could include:
- Underwrite large new and renewal accounts to meet top and bottom line targets.
- Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity.
- Provide expert underwriting perspective in the development of new insurance products, responding to client need or emerging risks in the marketplace.
- Underwrite in line with the US Casualty governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
- Proactively support acquisition of new business and retention of existing business.
- Positively represent Allianz Commercial externally to the market and encourage more junior team members to raise their own profile and that of the team.
What You’ll Bring to the Role
- About 7-10 years’ proven experience in the US Casualty large corporate marketplace, either in underwriting or broking.
- Strong understanding of risk assessment, insurance program structure design, and contract wordings.
- Ideally CII/CPCU qualified or working towards it.
- Recognised relationships with clients and brokers at peer group level and well-established within your reference market.
- Excellent communication and influencing skills.
- Specialised understanding of regional/national US Casualty insurance markets and the competitor landscape.
- Ability to negotiate effectively achieving the best outcome for the portfolio while maintaining positive business relationships with your clients and brokers.
- Ability to leverage data and analytics to make business more efficient and effective.
- Good understanding of the legal and regulatory framework.
- Ability to design, develop and implement consistent, robust wordings for contracts.
- You should be able to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.
- Ability to work in a global matrix organization.
- Fluent English skills, with any other languages being advantageous.
100036 | Underwriting | Professional | Allianz Commercial | Full Time or Part Time | Permanent
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), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email
[email protected]
Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
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