Senior Underwriter Liability (m / f / d)

Allianz Global Corporate & Specialty SE; München; Hybrid; EUR 70.000 - 100.000; Vollzeit

Zusammenfassung

A leading insurance company is seeking a Senior Underwriter Liability in Munich. This role involves managing complex underwriting processes, building relationships with key clients, and driving risk management strategies in a dynamic team environment. Ideal candidates will have extensive experience in liability underwriting and qualifications in economics or law, combined with strong negotiation and analytical skills.

Leistungen

Competitive compensation and benefits package

Bonus scheme and pension

Hybrid working model

Career development and digital learning opportunities

Health and wellbeing initiatives

Private healthcare and parental leave

Qualifikationen

• Significant experience in liability underwriting, including cross-border business.
• Fluent German and good English skills.
• Experience in complex global matrix organizations.

Aufgaben

• Underwrite large complex accounts to meet targets in line with governance framework.
• Negotiate pricing and terms with brokers.
• Proactively drive acquisition of new business and retention.

Kenntnisse

Risk assessment

Negotiation

Relationship management

Data analysis

Insurance knowledge

Ausbildung

Degree in Economics, Law, or similar

Professional insurance qualification (e.g., CII)

Jobbeschreibung

Senior Underwriter Liability (m / f / d)

Let’s care for tomorrow.

Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Senior Underwriter Liability (m / f / d), based in Munich, Frankfurt, Köln, Hamburg or Stuttgart.

Your Team

Join our dynamic and diverse team as we lead the charge in shaping the future of global risk assessment and underwriting. As a member of our team, you will play a pivotal role in driving strategic decisions, optimizing risk management strategies, and ensuring the sustainable growth of Allianz Commercial on a global scale.

The Impact You Will Have

You will underwrite profitable new and renewal business to meet the line of business targets regionally including global elements. You will take ownership of large key accounts and clients including negotiation of participation, pricing and terms and conditions as well as train and develop the team and act as referral point for senior underwriters. It is crucial for this role to develop and maintain strong relationships with critical brokers and clients.

Some of your specific responsibilities could include :

Underwrite large complex new and renewal accounts to meet top and bottom-line targets as well as in line with Liability governance framework, e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules, and Principles.

Negotiate participation, pricing and terms and conditions with brokers.

Ensure accurate policy documentation and file maintenance.

Proactively drive acquisition of new business and retention of existing business (including client and broker negotiations where necessary).

Manage referrals from underwriters and re-underwrite complex business as appropriate.

Positively represent Allianz Commercial externally to the market, including very large clients.

Proactively involve functional areas in the underwriting process, such as Allianz Risk Consulting, Claims, and Operations.

Propose an optimal portfolio structure and anticipate portfolio development trends.

What You’ll Bring to the Role

Preferably a degree in Economics, Law, or another appropriate discipline.

Completion of professional insurance qualification (e.g., CII).

Significant experience in (cross-border) underwriting profitable business in Liability, with understanding of products and portfolio management.

Ability to assess risk inherent exposures and natural hazards relevant to Liability.

Well-established relationships with brokers and recognized as an expert within the market.

Expert understanding of regional/local insurance markets and the competitor landscape, including significant global elements and legal/regulatory frameworks.

Robust understanding of policy administration lifecycle, including information collection, policy issuance, premium bookings, credit control, and cancellations.

Ability to analyze and interpret data from various sources to draw appropriate conclusions.

Experience working in complex, global matrix organizations.

Fluent German and good English skills.

Experience applying AI and ML to improve business processes and decision-making is highly beneficial.

77557 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to fostering an inclusive environment where everyone feels they belong. We offer a hybrid working model, balancing in-person and remote work. Feel free to discuss flexible arrangements.

Let’s care for your financial wellbeing

We offer a competitive compensation and benefits package, including a bonus scheme and pension.

Let’s care for your opportunities to progress

We support career development, digital learning, and international mobility, fostering innovation and empowerment.

Let’s care for life’s twists and turns

We support flexible working, health and wellbeing initiatives, private healthcare, and parental leave. We help people return from career breaks with valuable experience.

Let’s care for our society and our planet

We are engaged in building a safe, inclusive, and sustainable future, caring for our people, industry, and clients.

Care to join us?

Allianz Commercial serves major global brands and industry leaders through comprehensive risk solutions, risk consulting, and claims handling. Present in over 200 countries, it generated over €19 billion in gross premiums in 2022.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer. We welcome applications from all backgrounds. If adjustments are needed during the application process, please contact [e-mail].

Recruitment Agencies :

We focus on sourcing candidates directly. We do not accept unsolicited resumes from agencies without an agreement. If used, agencies must adhere to our PSL; please do not contact managers directly.