Allianz

Let’s care for tomorrow.

Your ambitions. Your dreams. Your tomorrow.

At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) has the major risks covered when it comes to protecting businesses.

We are looking for an Underwriter Marine Hull with focus on brown water segment (m/f/d) – based in Hamburg.

Your Team 

Our team is committed to closely work together and support each other to represent AGCS in an active way within the market. You will be part of a true diverse team of 7 Underwriters who support on all sublines of Marine Hull and who foster a flexible and successful working environment. 

The Impact You Will Have 

At AGCS we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex Marine Hull risks in the market.

Reporting to Head of Hull CEE you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships. You will be responsible for underwriting profitable new and renewal business to meet portfolio targets regionally including global elements. Your responsibilities also include negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business.

Some of your specific responsibilities could include

• Underwrite in line with Marine governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
• Ensure contract certainty is achieved on all accounts at time of inception
• Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims, Operations
• Manage referrals from underwriters and re-underwrite complex business as appropriate
• Contribute to the development and execution of regional Underwriting strategy for Marine Hull 
• Create and maintain positive relationships with key producers and clients and other relevant stakeholders (e.g. risk managers)
• Ensure accurate policy documentation is issued to producers (where it is AGCS’ responsibility to do so) or producers has issued documentation (where producer responsibility).

What You’ll Bring to the Role

• You have a degree either in Economics, Finance, Insurance Market management, or Business Administration
• You are CII qualified or equivalent or working towards it
• You have at least 3 years’ experience as an Underwriter, Broker or relevant equivalent in the Marine sector, preferably in Marine Hull including Brown Water
• Ability to assess risk inherent exposures relevant to the product
• Analyse current performance against benchmarks applying how the market operates and functions, the business and customer needs
• You have a robust understanding of the policy administration life cycle, information collection, policy issuance, premium bookings, credit control, and cancellation
• You can express ideas and messages clearly and effectively both verbally and in writing. 
• Ability to create relationships and communicate at all levels and with a wide range of people
• Ability to persuade and motivate others to act, without executive authority
• You embrace agile working and engage in constant learning, to adapt to internal and external customer needs
• Ability to effectively absorb information from various sources, then analyse, study or examine data in detail, and draw appropriate conclusions
• German and English fluently

Additional information:

AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.

18426 | Underwriting | Management | Allianz Global Corporate & Specialty | 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 Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.

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 application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies: 

AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.

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