Underwriting Graduate- Property - Allianz Commercial Graduate Program 2024

Let’s care for tomorrow. 

Your ambitions.  Your dreams.  Your tomorrow 

Whether it’s aircraft, international business, offshore wind parks, or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.   

We are looking for a University Graduate to join our Property Underwriting team based in Berlin. 

Our Opportunity: 

Commencing in September 2024, this is your chance to kick-start your career in the dynamic and thriving insurance industry and begin an exciting journey with Allianz Commercial.  

We are on the lookout for enterprising individuals eager to learn, grow, and make a real impact on our organization. In return, during your first year with us, you can expect extensive training alongside meaningful on-the-job learning opportunities. 

Your Team: 

Our underwriting team of 10 works with companies mainly in Germany to create individual insurance solutions for property and business interruption insurance, including coverage for our clients' global locations. 

Our activities include risk surveys and assessments at our customers' sites, pricing and contract negotiations. Another important aspect of our work is portfolio management in the renewal business. 

This is a fantastic opportunity to gain an insight into the underwriting process. 

Some of your specific responsibilities could include: 

• Support underwriting of new and renewal accounts, performing pre-underwriting activities such as sanction checks and collating claims data 

• Chase brokers for additional / outstanding underwriting information 

• Model risks using our pricing tools 

• Attend meetings with brokers and clients alongside the underwriting team. 

• Handle document management and update systems for the team 

• Liaise with other functions including Operations, Credit Control and Claims  

• Develop and maintain peer relationships with brokers, clients and other Underwriting teams 

• Participate in technical training sessions 

What You’ll Bring to the Role 

• Completion of a bachelor's university degree by October 2024. 

• Adaptability and Flexibility- Able to adapt and work effectively in different situations and remain calm under pressure.  

• Communication- Excellent communication and interpersonal skills  

• Teamwork- Have a pro-active and positive attitude to teamwork, able to assist others and also take on your own responsibilities  

• Learning Mindset/ Ambition- A curious and creative mindset, willingness to learn, and enthusiasm to own and drive your personal development.  

• Analytical Thinking- Ability to effectively absorb information from various sources, then analyze, study, or examine data in detail, draw appropriate conclusions, and present solutions to others.  

• Good computer skills, including MS/Excel, Word, and PowerPoint.   

• Fluent English and German language skills 

Further Information: 

• Duration:  This is a permanent opportunity. After extensive training during the first 12 months of our Graduate Programme, you will continue to work within the team and benefit from the lifelong learning opportunities that Allianz Commercial offers. 

• Working Hours: 38 hours per week 

• Start Date: September 2024 

• Recruitment Timeline: Assessments will take place throughout June and July 2024. 

• To express your interest in this thrilling opportunity, simply upload your updated CV and carefully answer the mandatory questions in the application form. 

• We anticipate applications being accepted until 5th July 2024 . We strongly encourage you to submit your application as soon as possible. 

• Kindly note that due to the high volume of received resumes, our response time may vary. We assure you that we will make every effort to provide timely updates on your application status, although the process may take some time. Your patience and understanding are greatly appreciated. We look forward to the possibility of working together at Allianz Commercial. 

What’s in it for you? 

Let’s care about everything that makes you, you 

We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us. 

Let’s care for your financial wellbeing 

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. 

Let’s care for your opportunities to progress 

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery, and empowerment are fostered. 

Let’s care for life’s twists and turns 

From our support for flexible working, health, and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.  

Let’s care for our society and our planet 

With opportunities to be engaged in shaping a future that is safe, inclusive, and sustainable, we care for the tomorrows of our people, our industry, and our clients. 

Care to join us? 

Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. 

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. 

Learn more about Early careers at Allianz Commercial by clicking here 

Learn more about careers at Allianz Commercial by clicking here. 

Learn more about Allianz Commercial by clicking here. 

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture. 

People with disabilities: 
We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com 

Recruitment Agencies:  
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly. 

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