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Jobs at Allianz in Singapore

Surety Underwriter

Allianz Insurance Singapore Pte. Ltd.

Singapore
On-site
SGD 60,000 - 80,000
Yesterday
Be an early applicant
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Product Manager

ALLIANZ GLOBAL CORPORATE & SPECIALTY SE Singapore Branch

Singapore
Hybrid
SGD 80,000 - 110,000
12 days ago

Product Manager

ALLIANZ GLOBAL CORPORATE & SPECIALTY SE Singapore Branch

Singapore
Hybrid
SGD 80,000 - 120,000
12 days ago

Finance Manager

ALLIANZ INSURANCE SINGAPORE PTE. LTD.

Singapore
On-site
SGD 90,000 - 120,000
21 days ago

Audit Associate/Senior

JC ALLIANZ & CO

Singapore
On-site
SGD 40,000 - 70,000
21 days ago
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Surety Underwriter
Allianz Insurance Singapore Pte. Ltd.
Singapore
On-site
SGD 60,000 - 80,000
Full time
Yesterday
Be an early applicant

Job summary

A leading insurance company in Singapore is seeking an experienced Commercial Surety Underwriter to manage a portfolio of ASEAN clients. The ideal candidate will have at least 3 years of experience in account management and risk analysis. Responsibilities include developing new business pipelines and executing commercial strategies to promote growth in the ASEAN surety portfolio. Strong communication and negotiation skills are essential.

Qualifications

  • Minimum 3 years of experience in relevant roles including account management and sales management.
  • Strong risk analysis skills and experience in writing high-level surety submission.
  • Experience in structuring and managing complex financial transactions.

Responsibilities

  • Manage existing client portfolio including relationship management and risk monitoring.
  • Develop and convert a new business pipeline.
  • Execute commercial strategy to grow the ASEAN surety portfolio.

Skills

Account management
Risk analysis
Communication skills
Negotiation skills

Education

Bachelor's degree in Business, Finance or related field
Job description

Allianz Trade is a leader in the trade credit insurance market and embraces innovative technologies. We utilize Artificial Intelligence powered tools and encourage candidates with a basic understanding of commonly used platforms, as well as an awareness of best practices and the potential risks associated with AI in the workplace to apply.

The position forms part of the Allianz Trade ASEAN Surety team, you will contribute to the achievement of profitable and sustainable growth under Allianz Trade’s Asia Pacific Surety strategy. We are currently seeking an experienced Commercial Surety Underwriter to step into an existing portfolio of ASEAN based clients and to develop and manage a new business pipeline utilising a broad commercial understanding of corporate clients and knowledge of the surety product.

Key Responsibilities

Reports To: Head of Surety & Guarantee, ASEAN

  • Responsible for account management of existing portfolio of clients including relationship management, facility renewal and risk monitoring, documentation
  • Responsible for developing and converting a new business pipeline
  • Support opening of new Surety markets and execute business strategy in these markets
  • Execute commercial strategy in line with Allianz Trade’s new business thresholds to grow the ASEAN surety portfolio
  • Preparation and issuance of bonds and risk participations with banks
  • Liaise with internal partners including finance, claims and risk teams
  • Structuring of transactions with multinational corporations and banks
  • Develop and maintain relationships with strategic partners, including but not limited to clients, brokers, banks, lawyers etc.
  • Manage relationships with stakeholders including Allianz, AGCS, other Allianz Trade’s Surety BU’s and Allianz Trade’s Global Surety Team
  • Responsible for investigation, analysing, and managing all necessary underwriting/accounting/work flow issues, within framework of Surety policies and procedures
  • Provide timely, regular and accurate reporting and monitoring of client portfolio
Job Requirements
  • Minimum 3 year’s experience in relevant roles including account management, sales management, and senior risk analysis roles
  • Bachelor's degree in Business, Finance or related field
  • Experienced professional in the financial services industry with a background in structuring and managing complex financial transactions in a market facing role
  • Proven track record of successful experience in structuring of large, complex transactions with large corporations.
  • Strong risk analysis skills and experience in writing high level surety submission
  • Proactive and creative in execution of business strategy in a corporate environment
  • Strong communication, presentation and reporting skills
  • Proactive and sociable personality
  • Ability to analyze and negotiate legal documentation, act as liaison with corporate legal counsel

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

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 matter, 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.

If you are interested in the position above and think you have the right profile, please follow the online application process. For more detailed information about the company and our career opportunities please go to our website: https://www.allianz-trade.com/en_global/careers.html

The personal data collected in this application will be used by us for recruitment purposes only. It is our policy to retain the personal data of unsuccessful applicants for future recruitment purposes for a period of 36 months. Under the Personal Data (Privacy) Ordinance, you have a right to request access to, and to request correction of, your personal data in relation to your application.

* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.

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