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Senior Underwriter - Financial Lines

Job Level:  Professional

New York, NY, US, 10005

Available until:  09/30/2022
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate & Specialty
Employing Entity:  Allianz Global Risks US Insurance Compan
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  14588

AGCS Intro

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 Description:

In this role you will underwrite profitable new and renewal financial institutions' financial lines business to meet the team's targets in accordance with underwriting guidelines and underwriting authority.


  • Negotiate price and terms conditions
  • Ownership of key accounts / clients
  • Develop and maintain strong relationships with financial lines producers and clients in partnership with Market Management


Main Tasks:

  • Support Underwriting Strategy
  • Support development and execution of regional underwriting strategy for financial institutions
  • Support Key Business Initiatives
  • Generate new and maintain existing broker relationships
  • Participate/contribute to key projects      
  • Underwrite Profitable business
  • Underwrite new and renewal accounts to meet top and bottom line targets
  • Negotiate price and terms and conditions with producers
  • Proactively manage capacity 
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LoBs)
  • Underwrite International Insurance Programs (for relevant LoBs)
  • Market Management
  • Proactively support acquisition of new business and retention of existing business  (including client and producer negotiations where necessary)
  • Proactively liaise with MMC on market management initiatives



  • Undergraduate degree in Economics, Finance, Insurance Mgmt, or Business Administration 
  • Completion of professional insurance qualification (e.g.CII) preferred
  • 2+ years of experience in financial institutions and/ or financial lines underwriting


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.

Nearest Major Market: Manhattan
Nearest Secondary Market: New York City