Senior Underwriter, Construction

Job description

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 Senior Underwriter, Construction, based in Paris. 

 

Your Team 

 

Allianz Commercial has a long-standing tradition of supporting the construction industry. Our team has many years of practical experience in leading the largest engineering risks and construction projects across the globe, covering a wide range of engineering classes, including power and utilities, heavy industries, transportation systems, and heavy civil engineering projects.  

 

The Impact You Will Have 

 

Within the Construction Underwriting Department of Allianz Commercial France, you will work as a Senior Underwriter in charge of the study and implementation of Engineering and Construction insurance solutions, focusing on the Construction and Erection of All Risks aspects.

 

Based in Paris, your clients will be large broker firms and major players in the French engineering segment.

 

Your role will be to develop, negotiate, and underwrite insurance programs and project policies for major international clients. You will ensure the development and profitability of your portfolio and the follow-up of broker and client relationships in close coordination with the sales teams, engineering services, claims, and operations departments.

 

Some of your specific responsibilities could include:

 

·  Underwrite new and renewal business to meet profitability targets
·  Underwrite following the construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines, and Functional Rules
·  Ensure contract certainty is achieved on all accounts at the time of creation
·  Promote involvement of departments areas in the Underwriting process, including Market Management, Risk Consulting, Claims, and Operations 
·  Manage referrals and undertake 4-eye reviews with underwriters across the Region
·  Contribute to the development and execution of regional underwriting strategy
·  Create and maintain positive relationships with key producers clients and other relevant stakeholders  
·  Ensure accurate policy documentation is issued to producers 

 

What You’ll Bring to the Role

 

·  Preferably, you have a degree either in Engineering/Construction, economics, or other appropriate discipline
·  You have experience underwriting profitable businesses in the Engineering and construction segment of large corporate international insurance
·  You have recognized relationships with clients and brokers at the peer group level and are well-established within the market
·  You have a specialized understanding of regional/local Engineering & Construction insurance markets and competitor landscape
·  You are Capable of leveraging data and analytics to make business more efficient and effective
·  You have a good understanding of the legal and regulatory environment
·  You can design, develop, and implement consistent, robust wordings for contracts
·  Strong communication skills in French and English

 

Additional Information:
Allianz Commercial is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.

43765 | Underwriting | Professional | Allianz Commercial | 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 Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.  

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. 

 

Learn more about careers at Allianz Commercial by clicking here .

 

Learn more about Allianz Commercial by clicking here .

 

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.

 

People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com .

 

Recruitment Agencies: 
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.