Multinationals Regional Commercial Underwriter

- Contribute to MNC-specific Commercial strategy through execution and monitoring of AZT Commercial Underwriting standards, under the responsibility of Hof MNC CUW

- Commercial UW validate the Price, terms & conditions, wording, provide support and deliver expertise on complex cases to engineer the appropriate solution

Key Responsibilities and Duties

• Take responsibility for the proper implementation of the Commercial Underwriting rules according to the authority level
• Detail checklist for structuring of complex contractual agreements with customers
• Support Head of Distribution in the quality control of underwriting documents
• Specify guidelines for development and/or adjustment of new products / clauses from underwriting perspective
• Facilitate business development by providing sales force with solutions in frame of Commercial Underwriting rules
• Provide support & knowledge to Distribution teams while building complex offers and structuring programs
• Drive long-term quality and profitability of portfolio
• Approve terms and conditions of adjusted or new products
• Provide (legal) expertise on specific / non  standard wordings to sales
• Govern all underwriting activity on regional and BU level
• Participate in Commercial Underwriting audits promoted by Head of CUW
• Train Regional Distribution teams on the underwriting standards

Required Qualifications and Skills

- Competent knowledge of the credit insurance industry, products and regulations

- Advanced knowledge of regional and multinational market specifics

- Advanced knowledge of Commercial Underwriting, including relevant processes and tools linked to products

- Expert ability to structure complex contractual agreements (including reinsurance contracts) and provide solutions to complex bespoke policy requirements

- Advance ability to use underwriting framework to drive profitability

- Competent ability to manage projects

- Advanced ability to convince stakeholders in discussion and presentation of ideas and analysis

- Advanced ability to communicate well via all mediums (eg. email, phone) and at all levels of an organization within a multicultural setting

- Competent ability to operate in a matrix structure

- Competent knowledge of basic IT systems (eg. MS Word, Excel) and ability to learn new systems

- Expert knowledge of written and spoken English

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

(Generative) Artificial Intelligence or GenAI or AI

Data Analysis

(Microsoft) Copilot

ChatGPT

Total compensation range:

$175,000 - $190,000

Placement within the range provided above is based on the individual’s 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, you’ll 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: 

https://rcmd-connect.com/allianztrade/

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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. Let's 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.