Offers “Allianz”

Expires soon Allianz

Assistant Underwriter-Hull & Marine Liabilities

  • Houston (Harris)
  • IT development

Job description

Houston, Texas
FunctionalArea

Underwriting
ContractType

Full Time
HierarchyLevel

Trainee
Posting

55805433
JobID

C2EBDE1DCF021EE8B4C5BF6F22B717C1
JOB PURPOSE/ROLE

KEY RESPONSIBILITIES

Underwriting Support:
Assist in underwriting of new and renewal accounts to meet top and bottom line targets
Proactively prepare relevant underwriting information including client / market research and claims data
Assist in evaluation of Natural Catastrophe Accumulation (for relevant LoBs)
Assist in pricing of risks, using global tools as appropriate
Underwriting Approach and Compliance:
Provide proactive support to ensure Underwriting compliance in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
Assist in ensuring contract certainty is achieved on all accounts at time of inception
Assist in ensuring binding of FAC Reinsurance prior to policy inception
Policy Documentation and Administration:
Proactively establish and maintain policy file (whether electronic or paper) for each risk and transaction handled
Ensure accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility)
Support administration of International Insurance Programs (for relevant LoBs)
Accounts Reconciliations:
Proactively support timely and accurate booking of policy premiums and credit control / collection processes
Proactively work with other functions (e.g. operations, credit control) to resolve outstanding accounts queries
Market Management:
Proactively support acquisition of new business and retention of existing business
Proactively liaise with MMC on market management initiatives
Relationship Management:
Proactively develop relationships with internal functional areas involved in Underwriting process, including MMC, ARC, Claims, & Operations
Develop and maintain relationships with brokers at peer level
KEY REQUIREMENTS/SKILLS/EXPERIENCE

Bachelor Degree: Preferably Degree in Economics, Law, or other appropriate discipline
Trade Qualification: Progress towards professional insurance qualifcation (e.g. CII)
Minimum 1 to 3 years: Proven track record in Underwriting administration in LoB with c. 2 years' experience
Ideal experience, though not required: Basic understanding of LoB products and portfolio
Ideal experience, though not required: Evidence of relationship building with brokers at peer group level
Ideal experience, though not required: Basic understanding of regional / local LoB insurance markets and competitor landscape
Basic understanding of legal and regulatory framework
Experience working in complex, global matrix organization
N/A: Fluent in English
Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to LoB
Pricing: Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance
Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings
Market Management: Apply the knowledge of how the market operates and functions, the business needs and customer needs
Policy Management: Robust understanding of policy administration life cycle, including information collection, policy issuance, premium bookings, credit control, cancellation
Basic: Communication skills: Clearly and effectively express ideas and messages via speech or writing. Proficiency in both written and spoken English.
Basic: Presentation skills: Effectively express and display thoughts and ideas visually, using various tools.
Influencing skills: Ability to persuade and motivate others to act, without executive authority
Intermediate: Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions.
Intermediate: IT skills (Office applications): Use general office application tools e.g. Power Point, Excel, Word.
ADDITIONAL INFORMATION

This opportunity will be based in Houston
REFERENCE CODE:

AGCS-5805432-2


Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 88 million private and corporate customers and more than 140,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers' trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.

Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.


Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).


Worldwide, AGCS operates in 30 countries with own units and in over 210 countries and territories through the Allianz Group network and partners. In 2016, it employed around 5,000 people and provided insurance solutions to more than three quarters of the 'Fortune Global 500' companies, writing a total of €7.6 billion gross premium worldwide.

AGCS SE is rated AA by Standard & Poor's and A+ by A.M. Best.

More information about careers at Allianz Global Corporate Specialty can be found at www.agcs.allianz.com/careers

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