New Business Commercial Underwriter

This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Reporting Line: US Head of Commercial Underwriting

Under the direction of the US Head of Commercial Underwriting, this position will manage a pipeline of new business submissions in order to achieve Allianz Trade profitability and growth objectives. This position will analyze and provide policy structure and premium rates for new business applications, cultivate relationships with direct sales force agents and broker partners, provide the highest quality of customer service, and assess commercial underwriting risk.

Key Responsibilities and Duties

• Structure and price new business policies to drive profitability and growth
• Have a deep understanding and be compliant with Group Commercial Rules.
• High level of interaction with Risk Underwriting to maximize approvals for a pipeline of new business applications.
• Manage customer and broker relationships with our Direct Sales Force team
• Provide highest levels of customer service to internal and external customers by promptly addressing inquiries, providing accurate information, and offering tailored solutions to meet the unique needs of prospective customers.
• Quote/negotiate new business transactions in accordance with Allianz Trade pricing and Commercial Underwriting guidelines
• Support management of new business pipeline with Direct Sales Force team
• Be a principal driver of revenue, growth and profitability
• Work independently on projects assigned on an as needed basis

Required Qualifications and Skills

• Bachelors Degree in business, economics, finance or related discipline
• Previous trade credit commercial underwriting experience preferred
• 2-4 years of financial services or underwriting experience
• Effectively interact with our Direct Sales Force and other departments within Allianz Trade
• Strong interpersonal and customer service skills
• Successfully manage multiple priorities

• Looking for candidates that possess a basic awareness of Artificial Intelligence technologies and are enthusiastic about learning and intergrating AI intergrating AI into everyday business processes

  • (Generative) Artificial Intelligence or GenAI or AI
  • Data Analysis
  • (Microsoft) Copilot
  • ChatGPT

Total compensation range:

$85,000 - $105,000

Placement within the range provided above is based on the individuals relevant experience, skills for the role, and location. Salary ranges are only one component of our total compensation package.

Benefits:

We value your goals and needs, at work and in life. As an associate, youll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured employee benefits to enrich your life:

· Competitive compensation

· Annual bonus eligibility and/or commission structure opportunities

· 401(k) discretionary match of up to 6%

· Flexible work schedules

· Health and wellness benefits

· Paid time off for vacation, illness, Birthday Day Off and Volunteer Day Off

· Tuition Reimbursement

· Family care resources, including fertility and adoption benefits

Learn more about our benefits here:

94778 | Underwriting | Professional | Non-Executive | Allianz Trade | Full-Time | Permanent

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.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Lets care for tomorrow.

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.