Executive Underwriter - Property (San Francisco)

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.

We are looking for an Executive Underwriter for the western United States for our Property line of business.

Your Team

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.

Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and fielding an underwriting team averaging over 20 years' experience, backed up a worldwide team of risk consultants and claims specialists.

When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!

The Impact You Will Have:

As an Executive Underwriter reporting to the Regional Property Leader, West Zone, you will play a critical role in shaping the profitability and sustainability of our underwriting portfolio. You will lead the underwriting of complex new and renewal business, manage key accounts, and act as a referral point for senior underwriters. Your expertise will drive the development of underwriting strategies, foster strong relationships with producers and clients, and contribute to the growth and success of the Line of Business (LoB). By mentoring and developing the next generation of underwriters, you will leave a lasting impact on our team and the market.

Some of Your Specific Responsibilities Could Include:

Underwriting Strategy & Leadership

• Contribute to the development and execution of regional underwriting strategies for the Property line of business.
• Train, develop, and coach experienced staff, including Senior Underwriters.
• Manage complex referrals and re-underwrite challenging business as needed.
• Delegate work effectively to ensure operational efficiency.

Underwriting Profitable Business

• Underwrite new and renewal accounts to meet top and bottom-line targets.
• Negotiate pricing, terms, and conditions with producers.
• Proactively manage capacity and evaluate natural catastrophe accumulation, leveraging catastrophe modeling and scenario interpretation.
• Underwrite international insurance programs and ensure compliance with global standards.

Relationship Management

• Represent Allianz positively in the market and build strong relationships with key producers, clients, and stakeholders.
• Collaborate with functional areas such as Market Management, Claims, and Operations to enhance the underwriting process.

Policy Documentation and Administration

• Ensure accurate issuance of policy documentation and maintain organized files for each risk and transaction.
• Support policy administration processes, including credit control and premium bookings.

Market Management

• Drive the acquisition of new business and retention of existing clients through proactive negotiations and market management initiatives.
• Collaborate with Market Management to support key business initiatives and market strategies.

Support Key Business Initiatives

• Participate in and contribute to key projects and cross-regional activities.
• Act as a referral point for underwriters and provide training to develop their expertise.

What You'll Bring to the Role:

Experience

• Proven track record of underwriting profitable business in Commercial Property Underwriting, with 7-10 years of experience.
• Demonstrable, established relationships with brokers at a peer group level and well-established within the local market.
• Advanced risk assessment and management skills, with the ability to evaluate inherent exposures and natural hazards.
• In-depth understanding of commercial property products, portfolios, and regional/local insurance markets.
• Strong portfolio management skills, including the ability to analyze trends and develop strategic plans.

Skills and Competencies

• Advanced analytical skills to evaluate complex data and resolve issues proactively.
• Excellent communication and presentation skills to express ideas clearly and persuasively.
• Strong influencing skills to motivate others and drive results without direct authority.
• Proficiency in policy administration, contract drafting, and interpretation.
• Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making.

Education and Certifications

• Bachelor's degree in Economics, Finance, Insurance Management, or Business Administration (preferred).

The annualized base pay range for this role is $149,569 to $226,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package.  As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

94607 | 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 center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking  here .

Learn more about Allianz Commercial by clicking  here .

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 matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of race, 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.  Let's care for tomorrow. 

People with disabilities: 

We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the ap]]> <