Renewal Specialist

Job Level:  Professional
Location: 

Baltimore, MD, US, 21202

Area of Expertise:  Sales & Distribution
Unit:  Allianz Trade
Employing Entity:  Euler Hermes North America Insurance Com
Job Type:  Full-Time
Remote Job:  Remote working
Employment Type:  Permanent
ID:  91446
Position Cluster:  Non-Executive

The Renewal Specialist is responsible for managing the internal processes related to renewal and mid-term amendments of a portfolio of policies, working with Hybrid Agents to ensure profitable growth and retention in alignment with company strategy. This role requires applying commercial underwriting principles to assess risk, maintain portfolio profitability, and drive operational efficiency.

Key Responsibilities and Duties

 

  • Lead the execution of the policy renewal journey, including renewal pipeline management, preparing renewal quotes and restructuring policies in accordance with Group Commercial Rules and Commercial Underwriting guidelines.
  • Collaborate with key internal teams, including Hybrid Agents, Credit and Policy Administration, to ensure timely and efficient policy renewals.
  • Achieve business targets related to retention, pricing, and compliance through effective renewal management.
  • Execute mid-term amendments in accordance with internal guidelines.
  • Collaborate with Credit and Commercial Underwriting teams on high-risk policy management, ensuring seamless execution of recommendations.
  • Ensure compliance with all internal and external regulatory standards.

 

 

Required Qualifications and Skills

 

  • Bachelor's degree in a related field.
  • 3-5 years of experience in account management or underwriting.
  • Time management and strong ability to manage a high volume of policies.
  • Collaboration and Teamwork.
  • Attention to details and solution-oriented mindset.
  •  Looking for candidates that possess a basic awareness of Artificial Intelligence technologies and are enthusiastic about learning and integrating AI into everyday business processes.

 

Total compensation range:

$75,000 - $110,000

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/

91446 | Sales & Distribution | 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. 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.


Nearest Major Market: Baltimore