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Associate Graduate Underwriter - Middle Market

Job Level:  Professional

Chicago, IL, US, 60606

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:  7669

Whether it’s airplanes, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.



Job Purpose:

This is a once-in-a-career opportunity to kick start your underwriting career with an in-depth, on-the-job learning experience coupled with a formal development program at one of the strongest and well-known global insurance brands in the world, Allianz Global Corporate & Specialty (AGCS). 


The ideal candidate will be an intellectually curious, analytical, proactive self-starter who is a team-minded contributor and eager to learn.  You will have access to a team of experienced underwriters who will help you learn the ins and outs of Middle Market underwriting. 


In this role you will…

  • Gain In-depth knowledge of the insurance business through on-the-job development.
  • Proactively support the preparation of the Underwriting due diligence process.
  • Deliver effective and efficient Underwriting support for internal and external customers.
  • Proactively liaise with other functions to ensure timely and accurate policy administration.
  • Develop and maintain peer level relationships with producers and clients.
  • Develop through learning opportunities at the global AGCS Underwriting Academy.
  • Begin an exciting career with a leading global corporate insurance carrier.

To be successful in the role:

You will have…

  • Completed your university degree or post-graduate study;
  • 1-2 years prior experience gained through internships, academic projects or employment;
  • Strong interpersonal skills and the ability to develop and maintain personal relationships with colleagues, peers, managers and customers;
  • Strong problem resolution and analytical skills as well as the ability to grasp and solve complex issues and present solutions to others effectively;
  • The ability to assess the impact of issues, proposed strategies and alternative solutions within the general business planning environment; and
  • Excellent computer skills including MS/Excel, Word, and PowerPoint.

Here are a few reasons why you should join AGCS:

  • Hybrid working model, which recognizes the value in a balance between remote and office-based working, giving you the flexibility to organize the way you work
  • An exciting and versatile job with an opportunity to work alongside skilled and specialized colleagues from all over the world
  • An environment where innovation and challenging the status quo is encouraged
  • Wellbeing policies/initiatives to support a positive work life balance
  • A competitive compensation and benefits package including generous bonus scheme 
  • A large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
  • Diverse and inclusive culture where you will be accepted for who you are and empowered to use your voice to help others find theirs


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.

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.  Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally.

In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders.

This  is  an  exciting  time  to  join  AGCS  as  we  continue  on  our  journey  of  transformation, regaining market leadership  and  achieving  success  together.  You can grow your career through meaningful work supporting our customers, while learning from expert colleagues.

Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Diversity of minds is an integral part of Allianz’ company culture.


Let’s care for tomorrow.

Nearest Major Market: Chicago