Contract Surety Underwriter - East Region

Allianz Commercial; Maryland; On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation

Annual bonus eligibility and/or 0

Job summary

Allianz Commercial in the United States (East Region) is seeking a driven Surety Underwriter to grow and manage a profitable portfolio. You will work with the Regional Surety Manager to execute the strategic plan, expand broker relationships, and underwrite accounts following Allianz Trade guidelines.

You will attend industry events, collaborate across the Americas and with colleagues internationally, and leverage AI awareness to improve processes.

Qualifications

• At least 2 years of industry experience in surety.
• Demonstrated knowledge and expertise in surety in the U.S. local market.
• Entrepreneurial skill set to establish and achieve goals.
• Proven track record developing business with brokers.
• 4-year college degree in business, economics, or finance.
• Awareness of AI technologies and enthusiasm to learn and integrate AI.

Responsibilities

• Working with the Regional Surety Manager to execute the strategic plan and expand Allianz Trade's Surety business in the East Region.
• Developing and underwriting a profitable portfolio through broker relationships in the local market.
• Documenting decisions and recommendations consistently and transparently.
• Underwriting activities aligned with guidelines and portfolio requirements.
• Collaborating with Americas and international colleagues to leverage surety capabilities.
• Attending industry groups and local surety events as requested.

Skills

Underwriting

Broker relationships

Entrepreneurial mindset

Industry growth

Education

Bachelor's degree in business, economics, or finance

Job description

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 within the East Region(Baltimore, Boston, Pennsylvia, New Jersey, New York and/or North Carolina) .
• 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 2years 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:

$90,000-$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.