Junior Underwriter Financial Lines

Job Level: Entry Level

Location:

Paris, 92, FR, 92800

Area of Expertise: Underwriting

Unit: Allianz Commercial

Employing Entity: ALLIANZ GLOBAL CORPORATE SPECIALTY

Job Type: Full-Time

Remote Job: Hybrid working

Employment Type: Permanent

ID: 81347

Position Cluster: Non-Executive

Let’s care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Junior Underwriter in Financial Lines, based in Paris.

Your Team

Allianz Commercial offers a suite of financial lines insurance solutions specifically designed to address the liabilities of companies, managers and professionals in today’s increasingly litigious and demanding business world. From specialist centers across the globe, we provide financial lines insurance for companies ranging from multi-nationals to smaller businesses - including a range of specialist solutions for Financial Institutions - and for individual directors and managers. And we pride ourselves on our flexibility, adjusting our underwriting to match the needs of our clients.

The Impact You Will Have

Reporting directly to the Head of Underwriting, Financial Lines, France, you will work closely with clients and brokers to develop personalised solutions and develop new relationships. You will be responsible for underwriting profitable new and renewal business, negotiating participation, pricing and terms & conditions.

Some of your specific responsibilities could include:

Underwrite new and renewal accounts to meet top and bottom-line targets

Negotiate participation, pricing and terms and conditions with brokers

Proactively manage capacity

Positively represent Allianz Commercial externally to the market

Proactively drive involvement of functional areas in the Underwriting process, including Claims, and Operations

Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

What You’ll Bring to the Role

Experience as a Financial Institutions Underwriter or Broker

Completion of a professional insurance qualification or working towards it

Ability to assess risk inherent exposures relevant to the product

Experience designing, developing and implementing consistent, robust wordings

Understanding of the policy administration life cycle, information collection, policy issuance, premium bookings, credit control & cancellation

Excellent communication skills and the ability to create relationships with a wide range of people

Ability to persuade and motivate others to act

Able to analyse information gathered from various sources, and draw appropriate conclusions

A willingness to learn and explore how AI can enhance your role and the broader organization is expected.

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 Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

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 matters, 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.

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: 
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial 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. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid

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