Underwriter, Liability, Belgium

Job description

Antwerp, Belgium
FunctionalArea

Underwriting
ContractType

Full Time
HierarchyLevel

Professional
Posting

55736400
JobID

C2EBDE1DCF021ED8AAF2F9DD1493D150
JOB PURPOSE/ROLE

KEY RESPONSIBILITIES

Underwrite Profitable business
• Underwrite new and renewal accounts to meet top and bottom line targets (local and/or regional)
• Negotiate participation, pricing and terms and conditions with brokers

Underwriting Approach and Compliance
• Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Standards
• 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

Policy Documentation and Administration
• Ensure accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility)
• File maintenance – ensure electronic file is established and maintained for each risk and transaction handled
• Proactively support completion of policy administration and credit control processes

Market Management
• Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
• Proactively liaise with Market Management & Communications team on market management initiatives

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

Required experience
• Proven track record in Underwriting profitable business in the Liability Line of Business, minimum 3 years' experience
• Good understanding of Liability products
• Demonstrable, established relationships with brokers at peer group level and established within market
• Understanding of legal and regulatory framework

Required education
• Preferably a law degree or other appropriate discipline

Technical skills
• Risk Assessment and Management: Ability to assess risk inherent exposures
• Pricing and Market management: Analyze current performance against benchmarks taking into account market conditions, business 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

Language skills
• Excellent knowledge of Dutch, French and English
• Other languages are a plus

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
• Be creative, positive and work in a productive way
• Good at problem solving and flexible
• Foster relationships externally as internally with colleagues within the Allianz group
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--BR-5736373-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