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Environmental Executive Underwriter

Job Level:  Professional
Location: 

Alpharetta, GA, US, 30022

Due Date:  As soon as possible
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Home office due to Covid-19
Employment Type:  Permanent
ID:  1808

Job Purpose:

  • Underwrite profitable new and renewal business to meet Environmental targets regionally, including global elements;
  • Ownership of large accounts/clients including negotiating participation, pricing and terms and conditions;
  • Train and develop team members and referral point for underwriters; and
  • Develop and maintain strong relationships with producers and clients.

 

Job Responsibilities:

  • Underwrite new and renewal accounts to meet top and bottom line (regional and/or global).
  • Negotiate participation, pricing and terms and conditions with producers.
  • Proactively manage capacity.
  • Underwrite International Insurance Programs for Environmental business.
  • Develop a strong understanding of our underwriting appetite and underwrite in line with Environmental governance framework.
  • Ensure contract certainty is achieved on all accounts at time of inception.
  • Ensure utilization of global pricing tools.
  • Ensure accurate policy documentation issued to producer (where AGCS responsibility to do so) or producer has issued documentation (where producer responsibility).
  • Ensure proper file documentation for all accounts underwritten.
  • Proactively support completion of policy administration and credit control processes.
  • Contribute to development and execution of regional Underwriting strategy for Environmental business regionally.
  • Train, develop and coach less experienced staff (including senior underwriters).
  • Manage complex referrals from underwriters and re-underwrite complex business as appropriate.
  • Delegate work as appropriate.
  • Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary).
  • Proactively liaise with Global Distribution on market management initiatives.
  • Positively represent AGCS externally to the market with key producers/distribution channels.
  • Proactively drive involvement of functional areas in Underwriting process, including Global Distribution, ARC, Claims, and Operations.
  • Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers).
  • Support industry solution strategies.

 

Job Requirements:

  • Significant experience in underwriting profitable Environmental business;
  • Specialized expert understanding of Environmental products and portfolio;
  • Demonstrable, established relationships with brokers at peer group level and established within market;
  • Specialized understanding of regional/local Environmental insurance markets and competitor landscape, including global elements;
  • Good understanding of legal and regulatory framework;
  • Experience working in a complex, global matrix organization;
  • Ability to assess risk inherent exposures and natural hazards relevant to Environmental business;
  • Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs;
  • Design, develop and implement consistent, robust contract wordings;
  • Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, and cancellation;
  • Ability to express ideas and messages clearly, both written and verbally;
  • Ability to "sell" an improvised or prepared audience winning story;
  • Ability to persuade and motivate others to act without executive authority;
  • Ability to analyze highly complex data, from multiple sources, in detail;
  • Identify and resolve issues before they transpire;
  • Comfortable with general office application tools (e.g., Word, Excel, PowerPoint);
  • Ability to persuade and motivate others to act without executive authority; and
  • Bachelor’s degree, preferably in Environmental Studies, Economics, Finance, Insurance Management, or Business Administration.

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

 

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

 

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.

 

For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.


Nearest Major Market: Alpharetta
Nearest Secondary Market: Atlanta