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Environmental Executive Underwriter - Englewood, CO or Los Angeles, CA

Job Level:  Professional
Location: 

Englewood, CO, US, 80112 Los Angeles, CA, US, 90071

Due Date:  As soon as possible
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate & Specialty
Employing Entity: 
Job Type:  Full-Time
Remote Job:  Remote working
Employment Type:  Permanent
ID:  4580

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:

  • 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.

 

Responsibilities:

In this role you will…

  • 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.

 

To be successful in the role:

You will have….

  • 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.

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: Denver