Underwriter - Aerospace
3 months ago
**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 an Aerospace Underwriter, based in London.
**The Impact You Will Have**
**Some of your specific responsibilities could include**:
- Support Senior Underwriters on complex business.- Act as point of delegation for Senior Underwriters.- Underwrite new and renewal accounts to achieve top and bottom-line targets.- Negotiate participation, pricing, and terms with brokers to secure profitable deals.- Proactively manage capacity to optimize portfolio performance.- Evaluate Natural Catastrophe Accumulation, ensuring a comprehensive understanding of catastrophe modeling.- Adhere to the Line of Business (LoB) governance framework, including Underwriting Authorities and Guidelines.- Ensure contract certainty and accurate policy documentation for all accounts.- Utilize global pricing tools- Maintain meticulous file documentation and support policy administration processes.- Positively represent AGCS externally to the market
**What You’ll Bring to the Role**- Ideally, prior experience at Underwriter level, with progress towards professional insurance qualification (e.g., CII)- Proven track record in underwriting profitable business in the LoB, with a deep understanding of LoB products and portfolio- Ability to assess risk, including inherent exposures and natural hazards relevant to LoB- Established relationships with brokers at the peer group level- Strong understanding of regional/local LoB insurance markets and competitor landscape- Proficiency in legal and regulatory framework, including contract drafting and interpretation- Experience in working within complex, global matrix organizations- Excellent communication, influencing, and analytical skills
46660 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent
**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 careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
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**Job Level**:
- Professional
**Location**:
- London, GB, EC3V 0HR**Area of Expertise**:
- Underwriting
**Unit**:
- Allianz Commercial
**Employing Entity**:
- Allianz Global Corporate & Specialty SE
**Job Type**:
- Full-Time
**Remote Job**:
- Hybrid working
**Employment Type**:
- Permanent
**ID**:
- 46660
**Position Cluster**:
- Non-Executive
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