Graduate Trainee - Liability

Graduate Trainee, (Liability)

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Let’s care for tomorrow.

Your ambitions.  Your dreams.  Your tomorrow.At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group.  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 an Graduate Trainee, (Liability) in (Guangzhou/Shanghai, China)

This is a once-in-a-career opportunity to kick start your career with on-the-job learning experience coupled with a structured development program at one of the world’s strongest financial services groups and the leading global insurance brand in the world, Allianz Commercial.

About Allianz Commercial

Whether it’s aircraft, satellites, the world’s biggest ships and tallest buildings, cyber-attacks or climate change impacts, Allianz Commercial has the major risks covered. We also cover unique risks such as offshore wind parks, Hollywood film productions and music festivals. Powered by employees, financial strength, and global network, we work together to help our customers prepare for what’s ahead. Our customers trust us for providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.

About the Graduate Program

We are looking for Graduates who want to blaze new trails, disrupt the insurance industry and shape a better tomorrow. We care about your opportunities for advancement. Individual development, career mobility, and lifelong learning opportunities are available to all our employees worldwide.

During your first year of employment, you will participate in the Graduate Program which is a 12-month professional development program designed to attract, develop and retain the next generation of insurance professionals. The Program will support your growth as a well-rounded technical expert and potential future leader at Allianz Commercial. Key Program elements include:

• Employment begins mid-July 2026 and the Program starts in early August of 2026.
• Time is split time between structured learning curriculum and on the job experiential learning.
• Opportunity to gain a broad base of industry knowledge, function specific expertise as well as personal and professional skills development.
• Ability to network with senior leaders, technical experts, customers, as well as other graduates and early career program participants globally.
• Hybrid working environment allowing you to collaborate with and learn from teammates.
• Access to an extensive array of Allianz Commercial professional development resources upon Program completion.
• Competitive compensation and benefits package.

Your Team:

The local Liability team works locally supporting and driving business strategy in collaboration with local teams. Collectively they manage 10 different insurance products, referred to as lines of business, ensuring our risk and exposure levels are maintained at a profitable level. This means working with local teams, external partners in the market, and most importantly our clients. This team also has oversight of the Global Pricing, Portfolio Management, Accumulation Steering and Product Development and Transformation teams. Each product team is responsible for ensuring we deliver strong results, whilst also understanding the context of the bigger picture, e.g. ESG commitments, industry change and the latest innovation internally and externally.

The Impact You Will Have:

1. Underwriting Support & Development

• Assist in the implementation of Liability underwriting guidelines by learning how to analyze risks against Allianz’s underwriting philosophy and risk policy.

• Support senior underwriters in the preparation of quotes, analysis of submissions, and processing of new business and renewals.

• Participate in the constant review and monitoring of portfolio performance, helping to identify trends and potential issues affecting profitable growth.

2. Business Growth & Market Engagement

• Learn to explore and identify profitable business segments by conducting market research and data analysis.

• Accompany and support the marketing team and senior underwriters in meetings with potential and existing customers and brokers to understand client needs and the sales process.

• Contribute to the establishment and maintenance of networks with insurance brokers and intermediaries by providing administrative and technical support.

3. Product & Strategy Innovation

• Participate in the development of new products and the revamp of existing products by conducting competitor analysis and gathering market insights.

• Learn how to leverage data and analytics to support business decisions and improve underwriting efficiency.

• Contribute ideas for innovative business solutions that satisfy customer needs while driving premium growth.

4. Technical & Compliance Awareness

• Develop a good understanding of the legal and regulatory framework affecting the Liability insurance market.

• Support the team in designing and implementing consistent policy wordings by reviewing drafts and attending technical training sessions.

What You’ll Bring To The Role

• Education & Mindset

  • University graduate (all disciplines are welcome, but degrees in Business, Economics, Finance, Law, or Insurance/Risk Management are advantageous).

  • A strong interest in the commercial insurance industry and a desire to build a career in underwriting.

  • A team-player attitude with the ability to work in open collaboration with others.

  • Highly motivated with a willingness to learn and adapt in a fast-paced environment.

  Skills & Attributes

  • Analytical Thinking: Capable of interpreting data and numbers to support decision-making.

  • Communication: Fluent English language skills (both written and verbal) are essential; additional language skills are a plus.

  • Interpersonal Skills: Ability to build relationships and communicate confidently with peers and colleagues.

  • Commercial Awareness: A curious mindset to understand what makes a business segment profitable.

  • Technical Aptitude: Proficiency in Microsoft Office Suite (especially Excel and PowerPoint). Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making

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.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

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.