Overview
This job is brought to you by Jobs/Redefined, the UK''s leading over-50s age inclusive jobs board. We are looking for a Senior Underwriter Construction, based in London.Allianz Commercial specialises in providing comprehensive and customised insurance services and solutions for clients across the whole construction industry. Our experienced underwriters have a track record of finding flexible solutions for brokers and their clients, with global construction insurance teams backed by market-leading capacity to underwrite risks in over 200 countries and territories.The Impact You Will Have
Reporting to the Regional Head of Construction, you will underwrite profitable new and renewal business to meet the Construction line of business targets in accordance with underwriting guidelines and authority. You will negotiate terms and conditions and take ownership of your own key accounts/clients, while developing and maintaining strong relationships with our broking and client partners in coordination with our distribution/client relationship team.Responsibilities
Underwrite new and renewal accounts to meet top and bottom-line targets in line with Underwriting Guidelines.Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of nat cat scenarios.Ensure contract certainty is achieved on all accounts at time of inception.Utilise global pricing tools.Support development and execution of regional Underwriting strategy for the Line of Business and support key business initiatives.Maintain and generate new client and broker relationships.Contribute to internal key projects.Ensure files are established and maintained for each risk and transaction (electronic or paper).Assist with the learning and development of more junior team members.Proactively support completion of policy administration and credit control processes.Positively represent Allianz Commercial externally to the market.What You''ll Bring to the Role / Qualifications
A minimum of 5 years'' proven track record in underwriting profitable Construction business. In-depth understanding of Line of Business products and portfolio, regional/local LoB insurance markets, and competitor landscape.Established relationships with brokers at peer group level.preferably a degree in Insurance, Risk Management, Finance, Engineering or other appropriate discipline.Ability to assess risk inherent exposures and natural hazards relevant to the line of business.Ability to portfolio manage and analyse trends and loss scenarios.Excellent analytical skills to analyse highly complex data from multiple sources.Excellent communication skills with the ability to persuade and motivate others.Ability to utilise AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making.81361 | Underwriting | Professional | Non-Executive | Allianz Commercial | Full-Time | PermanentWhat’s in it for you?
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model with flexibility for in-person and remote work; discuss flexible arrangements with us as appropriate.We believe in rewarding performance with a competitive compensation and benefits package (details vary by location), including a generous bonus scheme and pension.From career development and digital learning programs to international career mobility, we offer lifelong learning and an environment where innovation, delivery and empowerment are fostered.We support flexible working, health and wellbeing (including private healthcare and generous parental leave), and assist candidates returning from career breaks with valuable experience.We care for our society and our planet, offering opportunities to contribute to a future that is safe, inclusive and sustainable.Join us
All Allianz Commercial is the centre of expertise of Allianz Group, serving mid-sized businesses, large enterprises and special risks. Our customers include top consumer brands, financial institutions, industry leaders, and diverse risks such as offshore wind, infrastructure projects and film productions. Allianz Commercial provides a wide range of traditional and alternative risk transfer solutions, risk consulting, multinational services and seamless claims handling.Learn more about careers at Allianz Commercial by visiting our site. We welcome applications from all backgrounds in line with equal opportunity principles.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.Care to join us?People with disabilities: We want to give all candidates the best opportunity to succeed. If you need any adjustments during the application and selection process, please email agcsglobalcareers@allianz.comRecruitment Agencies:
Allianz Commercial has an in-house recruitment team and does not accept unsolicited resumes from agencies. If we use agencies, we have a PSL in place; do not contact managers directly. Failure to comply could result in disqualification of candidates or fees not being ..... full job details .....