Underwriter | Remote

AZRA is a specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia), and is a qualified, accredited, or approved reinsurer in fifteen states. AZRA is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities.

AZRA has approximately 150 employees located nationwide with the majority working on a remote basis.

What you do:

Client Engagement

• Serve as a senior client facing representative for AZRA
• Meet Brokers, clients; attend conferences, organize meetings for the team at conferences
• Management of the transaction process; Responsibility for negotiating final price and terms 
• In conjunction with the Sr Underwriter approve transaction within a specific authority limit
• Organize underwriting and claim audits; attend some audits 
• Articulate scope and appetite to clients/ brokers; turn down transactions 
• Find new markets for AZRA to explore – ie mutual insurers  
• Manage legacy brokers and legacy transactions 

Transaction role

• Structure, negotiate and price deals along with actuary / underwriters;
• Work with legal on wordings and contract language; manage legacy contract process
• Governance – ensure that contracts meet exclusions (EET) / sanctions / ESG requirements
• Lead audit responses ; be knowledgeable of group and local U/W guidelines

Skill Sets Required 

• Deep knowledge of Reinsurance Market – Junior broker 
• Underwriting experience a plus; knowledge of reinsurance transactions and lines of business 

Base Salary Range $160,000 - $200,000 

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program. 

79899 | Underwriting | Professional | Non-Executive | Allianz Reinsurance | 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 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.  #LI-BLS