Senior Underwriter Engineering Central Eastern Europe (m/f/d) based in Hamburg

D-22297 HamburgKapstadtring 2, 22297 HamburgAGCS2019-01-26T00:00:000falseAllianz 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. crlf crlf AGCS SE is rated AA by Standard & Poor's and A+ by A.M. Best. crlf crlf AGCS promotes an individual work-life balance for example the possibilit y of working part-time. Provided that the job with its respective basic conditions is suitable for this, all positions advertised on a full-time basis can also be filled on a part-time basis. crlf crlf If you are currently exempted from statutory pension obligations under section 6 (1) sentence 1 no. 1 SGB VI, please take a look at the important and binding notes in the HR lexicon under: Money / Social Security / Annuity Insurance / Pension Insurance exemption. crlf crlf More information about careers at Allianz Global Corporate Specialty can be found at www.agcs.allianz.com/careers crlf crlf ENAllianz 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. crlf crlf 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.AGCSAGCS 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' needsRequired experience crlf ##Degree in Business, Economics, Law, Engineering or completion of professional insurance qualification crlf ##At least 5 years of experience and proven track of records in underwriting engineering (relevant professional experience) crlf ##Understanding of regional / local LoB insurance markets and competitors crlf ##Experience in cross border Underwriting crlf ##Good understanding of needs and customer needs crlf ##Understanding of LoB products and portfolio; legal and regulatory framework; business administration and experience working in complex, global matrix organization crlf ##Robust understanding of policy administration life cycle, including information collection, policy issuance, premium bookings, credit control and cancellation Risk Assessment crlf ##Ability to assess risk inherent exposures and natural hazards relevant to LoB??s crlf ##Compare current performance against various benchmarks in order to ensure adequate progress and satisfactory performance crlf ##Contract drafting and interpretation: negotiate and implement consistent, robust wordings crlf ##Understanding and application of the market operations in order to have a good overview of the business crlf ##Fluent in German, English and further language crlf ##Strong ability to perform detailed analysis of highly complex data, from multiple sources crlf ##Ability to persuade and motivate others to act, without executive authority crlf ##Ability to express ideas and messages clearly, both written and verballyUnderwrite Profitable business crlf ##Acquisition of new business and retention of existing ones (including client and broker negotiations ), aligned with underwriting strategy crlf ##Negotiation of the participation, pricing and terms and conditions with brokers crlf ##Underwrite and evaluate natural catastrophe accumulation crlf ##Underwriting approach and compliance crlf ##Underwrite policies aligned with the LoB governance framework (e.g. underwriting authorities, global crlf ##MSU, underwriting guidelines, rules and principles) crlf ##Ensure contract certainty is achieved on all accounts at time of inception crlf ##Ensure utilization of global pricing tools crlf ##Training, development and coaching of less experienced staff crlf crlf Relationship Management crlf ##Ensure AGCS is positively represented in the market crlf ##Proactively involve functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations crlf ##Develop and maintain strong relationships with key brokers and clients as well as other relevant stakeholders (e.g. risk managers)The holder of this position will be responsible for the underwriting of profitable new business and renewal the existing ones in order to meet the LoB targets. crlf Furthermore, for steering the relationship with clients and managing the Key Accounts as well as participating in the negotiation of participations, pricing and terms and conditions and developing and maintaining strong relationships with brokers and clients. crlf crlf Future Challenges: crlf ##Effective working within the global matrix/sap/bc/webdynpro/sap/hrrcf_a_applwizard?PARAM=cG9zdF9pbnN0X2d1aWQ9QzJFQkRFMURDRjAyMUVFOEI2ODlFMjU1REYxOTVEREE%3d&sap-wd-configid=ZA_AGT_GC_UNREG&sap-client=100&sap-language=EN&sap-ep-themeroot=%2fSAP%2fPUBLIC%2fBC%2fUR%2fnw5%2fthemes%2fZAGTLSfalse0AGCS-DE-3461/2018-E

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