Contract Surety Underwriter - East Region

Allianz Trade in North America; Baltimore (MD); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation

Annual bonus eligibility and/or fringe

401(k) discretionary match of up to 6%

Flexible work schedules

Health and wellness benefits

Paid time off including Birthday Day/$

Tuition Reimbursement

Family care resources including fertil

Job summary

Allianz Trade in North America seeks a seasoned Surety Underwriter to drive the regional business plan and expand Allianz Trade’s surety footprint in the United States. You will underwrite and grow a profitable portfolio through active broker engagement in the local market.

Document decisions clearly, conduct underwriting per guidelines, and collaborate across the Americas to leverage our capabilities. We encourage industry involvement and continuous learning with a focus on entrepreneurship and

Qualifications

• 2+ years industry experience in surety.
• Knowledge and expertise in U.S. surety markets.
• Entrepreneurial mindset to achieve goals.
• Proven ability to develop business with brokers.

Responsibilities

• Work with Regional Surety Manager to execute the strategic plan in the U.S.
• Develop and underwrite a profitable portfolio through broker relationships in the local market.
• Document decisions and recommendations clearly and consistently.
• Conduct underwriting in line with guidelines and portfolio management requirements.
• Collaborate with colleagues across the Americas and internationally to leverage capabilities.
• Attend industry groups and local surety events as requested by the Regional Manager.

Skills

Underwriting and portfolio growth

Broker relationships

Industry knowledge

Proven underwriting results

Education

Bachelors in business/economics/finance

Job description

• Working with their Regional Surety Manager, executing on the established strategic business plan in order to maintain and expand Allianz Trade’s Surety business in the United States.


• Developing and underwriting a profitable portfolio of Surety business through active engagement in the Surety marketplace with existing and new broker relationships in the local market.


• Documenting of all decisions and recommendations in a consistent and transparent manner.


• Conducting account and portfolio underwriting activities in a manner consistent with underwriting guidelines and portfolio management requirements established by Allianz Trade


• Collaborating with colleagues across the Americas and internationally in order to fully leverage surety capabilities and existing customer base.


• Attending industry groups and local surety events, as requested by the Regional Manager

Key Responsibilities

• Working with their Regional Surety Manager, executing on the established strategic business plan in order to maintain and expand Allianz Trade’s Surety business in the United States.


• Developing and underwriting a profitable portfolio of Surety business through active engagement in the Surety marketplace with existing and new broker relationships in the local market.


• Documenting of all decisions and recommendations in a consistent and transparent manner.


• Conducting account and portfolio underwriting activities in a manner consistent with underwriting guidelines and portfolio management requirements established by Allianz Trade


• Collaborating with colleagues across the Americas and internationally in order to fully leverage surety capabilities and existing customer base.


• Attending industry groups and local surety events, as requested by the Regional Manager

Key Experience

• Proven ability to underwrite and grow a Surety portfolio.


• Strong relationships with local brokers.


• Recognized expertise in the underwriting of surety accounts and risks.


• Proven track record of successful underwriting results

Key Requirements

• At least 2 years industry experience.


• Demonstrated knowledge and expertise in surety in the U.S. in your local market.


• Entrepreneurial skill set to establish and achieve goals and objectives.


• Established track record developing business with brokers.


• 4-year college degree with emphasis in business, economics, or finance.


• Looking for candidates who possess a basic awareness of Artificial Intelligence technologies and are enthusiastic about learning and integrating AI into everyday business processes.

Total Compensation Range

$80,000-$120,000

Placement within the range provided above is based on the individual’s relevant experience, skills for the role, and location. Salary ranges are only one component of our total compensation package.

Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work‑life balance so you can thrive in ways that matter to you.

Featured Employee Benefits To Enrich Your Life

• Competitive compensation


• Annual bonus eligibility and/or commission structure opportunities


• 401(k) discretionary match of up to 6%


• Flexible work schedules


• Health and wellness benefits


• Paid time off for vacation, illness, Birthday Day Off and Volunteer Day Off


• Tuition Reimbursement


• Family care resources, including fertility and adoption benefits

Learn More About Our Benefits Here

https://rcmd-connect.com/allianztrade/

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well‑being and addressing the needs of our clients, business, and communities is unwavering.

Commitment to Diversity, Equity, and Inclusion

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of race, 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.

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.

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.