Underwriter - Property

Allianz Commercial; Alpharetta (GA); Hybrid; USD 70,536 - 106,571; Full time

Benefits offered by this job

Hybrid working model

Private healthcare

Generous parental leave

Job summary

Allianz Commercial in Alpharetta, GA is seeking a Property Underwriter for a hybrid role. This position involves underwriting new and renewal business, managing broker relationships, and evaluating risks.

The ideal candidate will have 1-3 years of underwriting experience, relationships with brokers, and a good understanding of insurance markets. The compensation includes a salary range of $70,536 to $106,571 and offers a comprehensive benefits package.

Qualifications

• 1 to 3 years of experience underwriting profitable business.
• Established relationships with brokers at a peer group level.
• Understanding of regional/local insurance markets.

Responsibilities

• Underwrite new and renewal accounts to meet targets.
• Negotiate pricing and participation with brokers.
• Manage relationships with key brokers and clients.

Skills

Underwriting profitable business

Relationship management

Risk assessment

Analytical skills

Education

Bachelor's degree in Risk Management, Economics, or Law

CII qualification (in progress preferred)

Tools

AI tools for decision-making

Job description

Job Overview

We are looking for a Property Underwriter to join our team. This will be a hybrid role based in Alpharetta, GA.

Your Team

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor‑made "All Risks" property damage and business interruption insurance through our global network. Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1,000 global property insurance programs, and fielding an underwriting team averaging over 20 years experience, backed by a worldwide team of risk consultants and claims specialists. When it comes to underwriting insurance products for well‑known sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!

The Impact You Will Have

Reporting to the Senior Underwriting Team Leader – South Zone, this position will underwrite profitable new and renewal business to meet Line of Business targets, negotiate participation, pricing, and terms and conditions, take ownership of accounts and clients, and develop and maintain relationships with brokers and clients.

Responsibilities

• Underwrite Profitable Business:
  • Underwrite new and renewal accounts to meet top and bottom line targets
  • Negotiate participation, pricing, and terms and conditions with brokers
  • Proactively manage capacity
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios
• Underwriting Approach and Compliance:
  • Underwrite in line with Line of Business governance framework (e.g., Underwriting Authorities, global Minimum Standards of Underwriting, Underwriting Guidelines, Rules and Principles)
  • Ensure contract certainty is achieved on all accounts at time of inception
  • Ensure utilization of global pricing tools
  • Ensure placing and binding of Facultative Reinsurance prior to policy inception
• Policy Documentation and Administration:
  • Ensure accurate policy documentation is issued to brokers or that brokers have issued documentation where applicable
  • Maintain files (electronic or paper) for each risk and transaction handled
  • Proactively support completion of policy administration and credit control processes
  • Market Management:
    • Proactively support acquisition of new business and retention of existing business, including client and broker negotiations where necessary
    • Liaise with Market Management on market management initiatives
  • Relationship Management:
    • Positively represent AGCS externally to the market
    • Drive involvement of functional areas in the Underwriting process (e.g., Market Management, ARC, Claims, Operations)
    • Develop and maintain strong relationships with key brokers, clients, and other relevant stakeholders (e.g., risk managers)

  Qualifications

  • Minimum 1 to 3 years of proven experience underwriting profitable business; understanding of Line of Business products and portfolio
  • Demonstrable, established relationships with brokers at peer group level
  • Good understanding of regional/local insurance markets and competitor landscape
  • Understanding of legal and regulatory framework
  • Experience working in a complex, global matrix organization
  • Risk assessment and management: Ability to assess risk, inherent exposures, and natural hazards relevant to the Line of Business
  • Pricing and market management: Ability to analyze current performance against benchmarks, applying knowledge of how the market operates, business needs, and customer needs
  • Contract drafting and interpretation: Ability to design, develop, and implement consistent, robust wordings
  • Policy management: Robust understanding of the policy administration life cycle, including information collection, policy issuance, premium bookings, credit control, and cancellation
  • Analytical skills: Ability to effectively absorb information from various sources, analyze data in detail, and draw appropriate conclusions
  • Communication skills: Ability to clearly and effectively express ideas and messages via speech or writing
  • Influencing skills: Ability to persuade and motivate others to act, without executive authority
  • Preferably a degree in Risk Management, Economics, Law, or other appropriate discipline
  • Progress towards a professional insurance qualification (e.g., CII) preferred
  • The ability to utilize AI tools to support day‑to‑day tasks, improve efficiency, and contribute to data‑driven decision‑making is valuable

  Compensation and Benefits

  The annualized base pay range for this role is $70,536 to $106,571. The actual salary may be above this range depending on scope, complexity, location, skills, education, training, credentials and experience. Base pay is one component of the total compensation package, which also includes annual performance‑based cash incentive awards, a generous bonus scheme, and pension plan. Benefits include a hybrid working model, flexible working arrangements, private healthcare, generous parental leave, digital learning programs, and opportunities for international mobility.

  Equal Opportunity Employer

  Allianz Commercial is an equal opportunity employer and welcomes applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation. All legal and regulatory requirements for inclusion are met. Candidates who require adjustments during the application and selection process can contact [e-mail].

  Allianz Commercial has an in‑house recruitment team and does not accept unsolicited resumes from agencies or search firms.