Allianz - Chicago, IL

posted 5 months ago

Full-time - Mid Level
Remote - Chicago, IL
Insurance Carriers and Related Activities

About the position

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks within the Allianz Group. We are currently seeking a Multinational Underwriter - Liability to join our North American Liability team in Chicago. This team provides a wide range of general and specialist national account liability insurance solutions, which can be delivered through individual primary policies, umbrella and excess policies, or global insurance solutions for multiple risks across various locations. Our diverse client list includes manufacturers, construction firms, real estate companies, retail businesses, and technology firms. As a Multinational Underwriter - Liability, you will report to the Multinational Practice Leader and play a crucial role in growing our Multinational Liability book. Your responsibilities will include sound underwriting practices, marketing initiatives, and cross-collaboration with other Allianz Commercial lines of business globally. You will be expected to drive marketing initiatives through pipelining, visitation, and building strong relationships with brokers and clients. Critical thinking will be essential as you qualify, select, and assess risks, while also developing creative solutions to meet the challenges faced by our clients. In this role, you will proactively manage risk appetite and profitability while underwriting new and renewal multinational accounts. This will involve negotiating prices and terms with broker partners, enhancing the overall experience for underwriters, brokers, and clients. You will also execute the foreign local policy issuance of global insurance programs by partnering with colleagues across the globe, ensuring that distinctive client value is delivered through all facets of service engagement. Additionally, you will participate in key projects that impact International Liability's results and maintain thorough knowledge of the multinational insurance marketplace, products, services, and emerging trends.

Responsibilities

  • Drive marketing initiatives through pipelining, visitation, and building strong relationships with brokers and clients.
  • Demonstrate critical thinking in qualifying, selecting, and assessing risk.
  • Develop creative solutions to current and future clients' challenges by collaborating with Risk Consultants and Claims colleagues.
  • Proactively manage risk appetite and profitability while underwriting new and renewal multinational accounts.
  • Negotiate price and terms and conditions with broker partners.
  • Utilize negotiation, communication, and general deal-making skills to enhance the underwriter/broker/client experience.
  • Execute on the foreign local policy issuance of global insurance programs by partnering with AzC colleagues globally.
  • Provide excellent customer service, technical knowledge, and support.
  • Ensure distinctive client value is delivered through all facets of service engagement.
  • Drive and participate in key projects around the business that impact International Liability's results.
  • Develop and maintain thorough knowledge of the multinational insurance marketplace, products, services, and emerging trends.

Requirements

  • A minimum of 3 years of experience in multinational liability or a combination of multinational liability and risk management experience.
  • Technical skills with the ability to analyze complex data/information from multiple sources.
  • Ability to build and foster relationships internally across the organization and externally with broker partners.
  • Ability to express ideas and messages clearly, both written and verbally.
  • Strong solution orientation, with an entrepreneurial spirit.
  • Ability to work a hybrid schedule (at least 2 days a week in office).

Benefits

  • Generous bonus scheme
  • 401K
  • Flexible working arrangements
  • Private healthcare
  • Generous parental leave benefits
  • Career development and digital learning programs
  • International career mobility opportunities
  • Support for returning from career breaks
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