P&C Underwriter - Engineering Risks

Job Purpose

We are looking for a P&C Underwriter – Engineering Risks to join our company. The job holder will execute underwriting activities for Engineering Risks for mid corporate area in an efficient and effective manner. The role includes the examination of engineering, insurance proposals, collection of complete background information and risk data, analysis and assessment of the risks in order to proceed to preparation of design and coverage structure, rating and pricing of the risks as well as negotiation and binding.

What you will do

• Execute day-to-day pricing and underwriting for new business opportunities (collecting documents by Brokers and assessing relevant information)
• Assess loss history and evaluate client / manufacturing risk data as well as technical input on a variety of standard risks
• Collaborate with team and maintain new underwriting, renewals, reinsurance activities according to international standards
• Appoint risk assessors and external parties to assess risk, claims etc., including provision of appropriate instructions
• Execute the underwriting process by ensuring the accuracy, completeness of relevant information and support documentation for standard operation
• Partner with risk managers and sales during all phases of underwriting process e.g. new requests, renewals and annual reviews of existing portfolio
• Prepare policies determining appropriate wording and insurance policy terms and conditions
• Maintain knowledge and understanding of own local market, and correctly execute underwriting strategy in area of responsibility
• Maintain a correct understanding of natural perils and their assessment, and apply appropriate referral process to exceptions

What you bring

• Degree in Engineering, Insurance, Statistics or other relevant field
• Master’s degree and/or any insurance relevant professional qualifications are considered an asset
• 3-5 years of professional experience in a similar role
• Proven knowledge of Engineering Risks (MB/CMI, CECR, EEI, BI), and Project Risks EAR/CAR (annual, single), ALOP, BI, Project Cargo, TPL, Energy Risks. Understanding of R/I concepts and line size considerations
• Knowledge and application of Nat Cat rating tools, PML/EML calculation
• Knowledge of risk management elements
• Excellent command of Greek and English language (spoken & written)
• Proficiency in MS Office, especially Excel
• Analytical skills and attention to detail

What We Offer

• Competitive salary and benefits package
• Professional development and education
• Health and wellbeing programs
• Positive learning and growing environment

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.