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Job Details

Underwriting Specialist Financial Lines MLC

Company name
Allianz

Experience
5-7 yrs required

Location
Chicago, IL, United States

Employment Type
Full-Time

Industry
Legal

Posted on
Sep 21, 2020

Apply for this job






Profile

Underwriting Specialist Financial Lines (MLC)

RESPONSIBILITIES: Support Underwriting Strategy. Participate in the development and execution of regional Underwriting strategy for LoB(s). Work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling. Market Management. Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary). Proactively liaise with MMC on market management initiatives. Underwrite Profitable Business. Underwrite new and renewal accounts to meet top and bottom line targets. Negotiate price and terms and conditions with producers. Proactively manage capacity. Underwriting Approach and Compliance. . Underwrite within line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. Ensure contract certainty is achieved on all accounts at time of inception. Ensure utilization of global pricing tools. Ensure placing and binding of FAC Reinsurance prior to policy inception. Policy Documentation and Administration. Ensure accurate policy documentation issued to producers (where AGCS responsibility to do so) or producers has issued documentation (where producer responsibility). File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled. Proactively support completion of policy administration and credit control processes. Relationship Management. Positively represent AGCS externally to the market. Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations. Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g. risk managers). Support Key Business Initiatives/Misc.. Generate new producer relationships. Participate / contribute to key projects. Participate in cross regional activities as required / requested.

Additional Information

Reference Code: AGCS-7465952-2

Company info

Allianz
225 W. Washington Street Suite 1800
Chicago
Illinois
United States 60606
Website : http://www.agcs.allianz.com

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