Underwriter Entertainment Mediterranean Region

Job description

Antwerp, Belgium
FunctionalArea

Underwriting
ContractType

Full Time
HierarchyLevel

Professional
Posting

55326581
JobID

C2EBDE1DCF021ED8ADE9855290BB9CFE
JOB PURPOSE/ROLE

KEY RESPONSIBILITIES

Underwrite Profitable business
Underwrite Film/TV/Commercials, Live and Contingency new and renewal risks to meet top and bottom line targets (local and/or regional)
Ownership of accounts / clients, Underwrite International Insurance Programs
Specialized technical expertise / lead for multiple sub-LoBs
Proactively manage capacity
Ensure and understand accumulation control / modeling, catastrophe modeling and interpretation of scenarios if applicable.

Underwriting Approach and Compliance
Underwrite governance framework (Underwriting Authorities, Underwriting Guidelines, Rules, Principles)
Ensure contract certainty is achieved on all accounts at time of inception
Ensure utilization of global pricing tools
Ensure placing and binding of FAC Reinsurance prior to policy inception
Development of local wordings & guidelines and contribute to development of global product enhancements

Policy Documentation and Administration
Ensure accurate policy documentation issued to broker
File maintenance – ensure file is established and maintained for each risk and transaction handled
Proactively support completion of policy administration and credit control processes

Underwriting Strategy & Leadership
Development and execution of regional Underwriting strategy
Contribute to development and execution of global Entertainment strategy

Market Management
Proactively drive acquisition of new business and retention of existing business
Proactively liaise with MMC on market management initiatives

Relationship Management
Positively represent AGCS externally to the market
Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations
KEY REQUIREMENTS/SKILLS/EXPERIENCE

Required experience:
Significant experience in Underwriting profitable business in LoB. Specialized expert understanding of multiple sub-LoB products and portfolio
Demonstrable, established relationships with brokers at peer group level and well established within market
Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements
Good understanding of legal and regulatory framework
Experience working in complex, global matrix organization

Required education:
Preferably a degree in Economics, Law, or other appropriate discipline
Preferably Completion of professional insurance qualification (e.g. CII)

Technical Skills:
Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to LoB
Pricing and Market mgt: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings
Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.

General Skills:
Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story
Influencing skills: Ability to persuade and motivate others to act, without executive authority
Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
Local language (fluent - able to negotiate)
English (fluent - able to negotiate)
ADDITIONAL INFORMATION

AGCS 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.
REFERENCE CODE:

AGCS-BE-5326580-E


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