Underwriting Graduate

vor 4 Wochen


Munich, Deutschland Allianz Global Corporate & Specialty SE Vollzeit

Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow.

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

We are looking for a University Law Graduate to join our Financial Lines Underwriting team based in Munich.

Our Opportunity:

Commencing in September 2024, this is your chance to kick-start your career in the dynamic and thriving insurance industry and begin an exciting journey with Allianz Commercial. 

We are on the lookout for enterprising individuals eager to learn, grow, and make a real impact on our organization. In return, during your first year with us, you can expect extensive training alongside meaningful on-the-job learning opportunities.

Your Team:

Our Underwriting teams work with companies worldwide to create insurance solutions designed for specific industries and business challenges, supporting customers as diverse as the world's largest consumer brands, tech companies and the global aviation and shipping industry, but also floating wind parks, private pilots or Hollywood film actors.

Our Financial Lines team assess financial, legal, compliance, cyber and ESG risks of large corporate companies in order to quantify the pricing and to develop solutions to cover the personal liability of directors & officers via our core product “D&O liability Insurance”.

We assess the risks by using internal and external data providers and develop individual solutions based on our clients needs, considering the changing regulatory and legal landscape.

This is a fantastic opportunity to gain an insight into the underwriting process, both on a national and an international level.

Some of your specific responsibilities could include:

Analyse financial reports, sustainability reports, claims data and policy wordings of (prospective) clients to recommend terms and conditions for the specific client Chase brokers for additional / outstanding underwriting information Model risks using our pricing tools Attend meetings with brokers and clients alongside the underwriting team Handle document management and update systems for the team Liaise with other functions including Operations, Credit Control and Claims  Develop and maintain peer relationships with brokers, clients and other Underwriting teams Assist in the development of our local product suite based on market developments and latest regulation

What You’ll Bring to the Role

A University Degree in Law - preferably a qualified lawyer in Germany (first and/or second state examination in law) with a relevant specialization business law, tax law) or a comparable degree in another country with a focus on German law from Italy, France, UK) Adaptability and Flexibility- Able to adapt and work effectively in different situations and remain calm under pressure Communication- Excellent communication and interpersonal skills  Teamwork- Have a pro-active and positive attitude to teamwork, able to assist others and also take on your own responsibilities  Learning Mindset/ Ambition- A curious and creative mindset, willingness to learn, and enthusiasm to own and drive your personal development Analytical Thinking- Ability to effectively absorb information from various sources, then analyze, study, or examine data in detail, draw appropriate conclusions, and present solutions to others.  Good computer skills, including MS/Excel, Word, and PowerPoint Fluent English and German language skills

Further Information:

Duration:This is a permanent opportunity. After extensive training during the first 12 months of our Graduate Programme, you will continue to work within the team and benefit from the lifelong learning opportunities that Allianz Commercial offers. Working Hours: 38 hours per week. Start Date: September 2024. Recruitment Timeline: Assessments will take place throughout Spring 2024. To express your interest in this thrilling opportunity, simply upload your updated CV and carefully answer the mandatory questions in the application form. We anticipate applications being accepted until 14th April 2024 but reserve the right to close earlier if application numbers are high. We strongly encourage you to submit your application as soon as possible. Kindly note that due to the high volume of received resumes, our response time may vary. We assure you that we will make every effort to provide timely updates on your application status, although the process may take some time. Your patience and understanding are greatly appreciated. We look forward to the possibility of working together at Allianz Commercial.

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