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Senior Underwriter (m/f/d) Financial Lines in Group Global Commercial

Job Level:  Professional

München, DE, 80802

Due Date:  12.11.2021
Area of Expertise:  Underwriting
Unit:  Allianz SE
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  1076

Job Purpose/Role

The Global Commercial Group Center within Allianz SE aims to capitalize on the significant market opportunities in the Commercial segment for Allianz Group.

The Commercial segment accounts for a significant part of Allianz’ Property and Casualty business. The Group Center enables a cohesive approach that brings together and builds upon the significant resources and expertise from around the Group. 

The global Commercial Group Center will provide a clear strategy and ambition for the Property and Casualty Commercial segment and a strong expert community to support Group companies in driving their Commercial portfolio.   


Key Responsibilities

    Execute complex Financial Lines underwriting and pricing cases and make recommendations/decisions within defined authority 
•    Support the Head of Long Tail LoB and regional hubs in with complex/critical referrals
•    Liaise and consult with CUO in special / complex situations
•    Review technical assessments referred by MidCorp hub experts regarding best use of available reinsurance options (special acceptances, facultative R/I, carve outs, etc.) 
•    Deploy, monitor and foster TEX capabilities in OEs/Regions in alignment with Global MidCorp and Group functions
•    Monitor adherence to Global Commercial guideline/Authority framework and proper execution 
•    Support deep dives and underwriting file reviews with insights, expertise and market intelligence
•    Execute and track portfolio management and renewal actions
•    Monitor OE specific action plan to comply to defined minimum standards
•    Support Head of Long Tail LoB in the planning and execution of strategic business decisions 
•    Represent MidCorp in expert projects / topics of global interest for the Group



•    Proven track record/experience with MidCorp Financial Lines business 
•    Fluency in English language (verbal & written), additional core market languages are beneficial


Experience & Key skills

•    5-8 years working experience in underwriting MidCorp Financial Lines business across multiple countries/regions
•    Practical experience with handling critical referrals
•    Excellent knowledge of treaty and facultative structures and ability to work within
•    Proven experience in working with complex manuscript wordings
•    Very strong focus on technical expert excellence
•    Ability to guide Financial Lines experts in critical Underwriting cases globally
•    Solid understanding of MidCorp Financial Lines market dynamics 
•    Understanding of Allianz Portfolio Management 
•    Strong communication and inter-personal skills, including networking
•    Self-motivation and a proactive and committed working style
•    Strong ability in problem solving, prioritization and implementation know how
•    Strong ability to influence (and getting things done) without having the authority


Additional Information
We offer: Career development programs, Workwell@AllianzSE, Flexible working arrangements
Senior Recruiter: Ms. Zhiva Hristova Phone: +49 89 3800 14379
Please submit your applications only via our online tool


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. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.