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JUNIOR UNDERWRITER, XOL

Job Level:  Entry Level
Location: 

Owings Mills, MD, US, 21117

Due Date:  4/4/2022
Area of Expertise:  Underwriting
Unit:  Euler Hermes
Job Type:  Full-Time
Remote Job:  Home office
Employment Type:  Permanent
ID:  7320

Commercial Underwriting: Under the direction of the VP (Non-Can), this position will support the team in managing a portfolio of new business submissions.  This position will analyze and provide policy structure and premium rates for new business applications, help develop and support customer relationships, cultivate and support broker relationships, provide the highest quality of customer service, assess commercial underwriting risk, review credit standing of the portfolio, all in order to achieve Euler Hermes profitability and growth objectives

Risk Underwriting:  Provides a most effective credit limit service in term of quality of decision, turnaround time and communication toward customers. Attracts new customers/prospects by quality of service and facilitating underwriting decisions, whilst building a trusted relationship with customers, to improve customer portfolio profitability

 

Commercial

Utilizing commercial underwriting guidelines, prepare and recommend a structure and price for new  business policies, according to our retention and profitability objectives.
Provide highest possible level of customer service to internal and external customers.
Manage a portfolio of non-can clients addressing policy servicing needs during the initial policy start-up.
Manage and support customer relationships with a portfolio of brokers.
Recommend terms to quote/negotiate new business transactions in accordance with the underwriting guidelines.
Support and drive revenue and growth goals.
Work independently on other tasks assigned.
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Risk

Process credit limit requests consistently, within response  time  delays included in Risk Business Model by assessing the buyer with all information available in IRP and his/her own market knowledge.
Responsible of a dedicated customers portfolio, steering it and providing a pro-active service level, according to PH classification by regularly meeting customers and broker and by organizing telephone conferences.
Contributes to support Commercial in steering customers loss ratio and implement necessary actions to ensure or restore profitability of portfolio.
Takes responsibility in projects and initiatives supporting RBM and IRP related matters.
Builds relationships with other core functions.
 
Requirements:
Formal Credit Training program would be a plus.
Knowledge and experience of insurance broker distribution channel.
Market knowledge in dedicated business industries.
Business expertise and business/finance assessment skills which demonstrate commercial awareness.

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.
Join us. 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: Baltimore