Senior Underwriter

Senior Underwriter

In the role of Senior Underwriter, you'll report to the Director of Underwriting and lead pricing strategy, product development, and portfolio analytics to drive underwriting performance across travel agency and e-commerce channels. You'll bring analytical rigor and the judgment to translate complex data into clear, actionable insights that drive decisions across the business.

You'll support travel e-commerce and agency teams through risk assessment of new and existing clients, leveraging company, client, channel, product, and industry data and trends to ensure the quality and integrity of underwriting processes. This highly visible role provides the opportunity to shape pricing strategy, drive product innovation, optimize portfolio performance, and influence partner growth across a large growing travel insurance portfolio.

Way of Working

This role offers a hybrid way of working Monday through Friday with two in-office days on Tuesdays and Thursdays at our office in Richmond, VA.

What You Will Do

• Apply independent judgment to underwriting decisions and portfolio assessments, connecting data insights to business implications and strategic recommendations.
• Translate complex analytical findings into clear, actionable recommendations for cross-functional and senior stakeholders.
• Conduct portfolio reviews to assess account-level profitability, identify underperforming programs, and recommend remediation strategies including pricing adjustments, product redesign, or partner renegotiation.
• Develop and validate pricing strategies for existing and new insurance and non-insurance programs, leveraging actuarial input, data-driven models, and market benchmarks.
• Enhance and build pricing models and underwriting tools using statistical techniques, predictive modeling, and scenario analysis to support strategic decision-making.
• Lead cross-functional pricing and product development initiatives with compliance, actuarial, LOB, and data teams, ensuring alignment with underwriting guidelines, regulatory standards, and profitability targets.
• Design and maintain dashboards and reporting tools to monitor underwriting performance, ensuring data integrity and quality across underwriting systems.
• Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data analytics, and cloud-based tools, using insights responsibly and in alignment with our standards for data governance, security, and ethical use.

What You Will Bring

• Bachelor's degree in Business, Mathematics, Statistics, Actuarial Science, Data Science, or a related field; or equivalent combination of education and experience.
• Minimum of five (5) years of experience in underwriting, actuarial pricing, or financial/data analytics roles with significant exposure to risk assessment and portfolio management in insurance or related fields.
• Strong judgment and communication skills, with the ability to translate complex analysis into clear recommendations and defend a position under scrutiny.
• Strong analytical skills, including proficiency in Excel and SQL.
• Familiarity with data visualization tools (Power BI) and statistical programming languages (Python, R) preferred.
• Excellent communication and presentation skills.
• Leadership mindset with ability to influence without authority.
• Local qualified candidates will receive first consideration. This position does not offer relocation assistance.

What We Offer

Annualized base pay range is $96,300 - $141,174 USD. Actual base pay may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. Employees may also qualify for performance-based bonuses, merit increases, and other incentives based on individual and company performance. The availability and amount of these additional compensation elements are determined by company policy and may vary.

Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey. We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance. We offer a comprehensive benefits package that includes health, dental, and vision insurance, retirement savings plans, paid time off, and other employee programs. Eligibility for benefits is subject to plan terms and conditions, and may vary based on position and/or employment status.

At Allianz we use some AI-assisted technology as part of our recruitment process to help match candidates to roles based on skills, experience, job title, and location. AI supports our recruiters by enhancing the efficiency and accuracy of candidate assessments and job recommendations, while all applications are reviewed by our recruitment team and final hiring decisions are made by humans.