Disability Solutions - New York, NY
posted 4 months ago
At Allianz Commercial, we are the global leader in insuring corporate and specialty risks within the Allianz Group. We are currently seeking an experienced Financial Lines Executive Underwriter to join our team in either New York or Chicago. This role is pivotal in underwriting profitable new and renewal business to meet Line of Business (LoB) targets, adhering to established underwriting guidelines and authority. The successful candidate will be responsible for negotiating prices and terms for ENR 500 accounts, which have revenues exceeding $25 million, and will take ownership of key accounts and clients. In this position, you will develop and maintain strong relationships with producers and clients, working collaboratively with Market Management. You will support the development and execution of regional underwriting strategies for various Lines of Business, contribute to key business initiatives, and generate new producer relationships. Your underwriting responsibilities will include evaluating and managing natural catastrophe accumulation, understanding catastrophe modeling, and underwriting international insurance programs relevant to your Lines of Business. You will ensure compliance with the LoB governance framework, achieving contract certainty on all accounts at inception, and utilizing global pricing tools effectively. Accurate policy documentation is crucial, and you will be responsible for maintaining files for each risk and transaction handled. Additionally, you will proactively support the acquisition of new business and retention of existing business, representing Allianz Commercial positively in the market and driving involvement from functional areas in the underwriting process.