Associate Graduate Underwriter - Property
Toronto, CANADA
Job description
We are looking for an Associate Graduate Underwriter to join our Property Team. This is a 12 month Program for recent University Graduates and will start in July 2026.
This will be a hybrid role based in Toronto, Canada.
Your Team
Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our Allianz Commercial Property network.
Our experience speaks for itself, insuring the majority of Allianz Commercial Property Fortune 500 companies, managing over 1000 Allianz Commercial property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.
When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!
The Impact You Will Have
As an Associate Graduate Underwriter at Allianz, you'll play a vital role in our underwriting process, contributing to both our top and bottom line targets. You'll help maintain strong relationships with brokers and clients while ensuring compliance with our underwriting standards. Your work will directly support our business growth through new client acquisition and existing client retention.
Some of Your Specific Responsibilities Could Include
Underwriting new and renewal accounts within your predefined authority
Participating in the acquisition of new business and retention of existing clients
Preparing relevant underwriting information through client/market research and claims data
Assisting in risk pricing using global tools and evaluating Natural Catastrophe Accumulation
Ensuring underwriting compliance with governance frameworks and achieving contract certainty
Establishing and maintaining accurate policy files and documentation
Supporting administration of International Insurance Programs
Managing policy premium bookings and working with other functions to resolve account queries
Representing Allianz positively in the market and developing relationships with key stakeholders
Collaborating with internal functional areas in the underwriting process
What You'll Bring to the Role
Bachelor's degree preferably in Economics, Law, or other appropriate discipline
Minimum 1-3 years of experience with basic understanding of insurance products and portfolio
Progress towards professional insurance qualification (e.g., CII)
Basic understanding of regional/local insurance markets and competitor landscape
Strong communication and influencing skills
Analytical ability to process information and draw appropriate conclusions
Experience building relationships with brokers at peer group level
Fluency in local language
Ability to work effectively in a complex, global matrix organization
Customer focus and results orientation
Entrepreneurial mindset and strategic thinking
Join our team and develop your underwriting expertise while contributing to Allianz's continued success in the insurance market.
A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.
Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
This job pays a salary $83,500 per year. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
84051 | Underwriting | Student | Non-Executive | Allianz Commercial | Full-Time | Permanent