Underwriter, Financial Lines Commercial Germany

vor 1 Woche

Hamburg, Hamburg, Deutschland Allianz Global Corporate & Specialty Vollzeit

Let's care for tomorrow.

Your ambitions. Your dreams. Your tomorrow.


At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group.

Whether it's aircraft, the world's biggest ships and tallest building, cyber-attacks or climate change impacts, AGCS has the major risks covered when it comes to protecting businesses.

We are looking for an Underwriter, Financial Lines Commercial Germany (M/F/d), based in Munich, Frankfurt or Hamburg.

Your Team


At AGCS we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures.

This allows us to establish a reputation as leaders of some of the largest commercial and most complex Financial Lines (e.g. Directors & Officers Liability, POSI) risks in the market.

The Impact You Will Have


Reporting to the Chief Underwriter Financial Lines Germany you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships.

You will be responsible for underwriting profitable new and renewal business to meet Line of Business targets regionally including global elements.

Your responsibilities also include negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business.

Some of your specific responsibilities could include

  • Underwrite in line with Allianz/AGCS governance framework e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
  • Ensure contract certainty is achieved on all accounts at time of inception
  • Drive involvement of functional areas in the Underwriting process, including Distribution, Risk Consulting, Claims, Operations
  • Manage referrals from underwriters and reunderwrite complex business as appropriate
  • Contribute to the development and execution of the regional Underwriting strategy for Financial Lines
  • Create and maintain positive relationships with key producers and clients and other relevant stakeholders (e.g. risk managers)
  • Ensure accurate policy documentation is issued to producers (where it is AGCS' responsibility to do so) or producers has issued documentation (where producer responsibility).

What You'll Bring to the Role

  • A degree either in Economics, Business Administration, Law or other appropriate discipline
  • Experience as an Underwriter, Broker or relevant equivalent in the Financial Lines sector
  • A robust understanding of Financial Lines products
  • A Good understanding of the financial lines insurance market, including competitor, client and broker landscape
  • The Ability to assess risk inherent exposures relevant to the product
  • A robust understanding of the policy administration life cycle, e.g. information collection, policy issuance, premium bookings, credit control, and cancellation
  • Strong skills in expressing ideas and messages clearly and effectively both verbally and in writing
  • The Ability to persuade and motivate others to act, without executive authority
  • An agile working style and you are engaged in constant learning, to adapt to internal and external customer needs
  • The willingness to travel within Germany
  • Experience in working in a complex global matrix organization
  • Fluent English and German language skills
22187 | Underwriting | Professional | Allianz Global Corporate & Specialty | Full-Time | Permanent

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 Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insura

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