Junior Underwriter Financial Lines (m/f/d)
Allianz
We are looking for a Junior Underwriter Financial Lines (m/f/d), based in Wallisellen (Zurich), to join us on a full-time basis.
Your Team
Our team at Allianz Commercial/Allianz Risk Transfer is a dynamic group of experienced professionals dedicated to providing tailored financial lines insurance solutions. We work closely with clients, from large multinationals to small businesses, to understand their unique risks and craft customized coverage. With a strong global presence and deep industry expertise, we are committed to protecting financial institutions and individual directors from an ever-evolving landscape of liabilities. We pride ourselves on our collaborative approach, fostering a supportive and innovative environment where every team member plays a crucial role in delivering excellence. Join us and be part of a team that values flexibility, client-centric service, and continuous growth in a challenging yet rewarding field.
The Impact You Will Have
As part of our Financial Lines Underwriting team, you will be responsible for supporting and underwriting profitable new and renewal business to meet targets regionally, including global elements. Your responsibilities will also include negotiating participation, pricing and terms & conditions; supporting the acquisition of new business and retaining existing business. You will work closely with clients and brokers to develop personalized solutions, as well as maintaining existing and developing new relationships.
Some of your specific responsibilities could include:
You will underwrite profitable business to meet overall performance targets.
You will structure customized solutions in line with the team's underwriting guidelines and underwriting policy for clients and brokers.
You will negotiate participation, pricing, and terms with brokers to ensure competitive and profitable outcomes.
You will ensure contract certainty is achieved at inception for all accounts.
You will utilize global pricing tools to maintain consistency and accuracy in underwriting.
You will proactively manage capacity to support business growth while mitigating risks.
You will ensure underwriting compliance with governance frameworks, including authorities, guidelines, and rules.
You will build and maintain strong relationships with brokers, clients, and key stakeholders while acquisition of new business.
What You’ll Bring to the Role
Ideally, experience in Underwriting, Operations, or Claims.
Basic understanding of the local insurance market and competitor landscape.
Approachable, at ease creating and maintaining relationships both inside the company and with brokers.
Strong interpersonal skills paired with business acumen.
Excellent analytical skills, with the ability to effectively absorb information from various sources, then analyze, study or examine data in detail and draw appropriate conclusions.
Excellent communication skills, with an ability to persuade others to act without direct authority.
Have a pro-active and positive attitude to team work, able to assist others and also take on your own responsibilities.
Understanding of the policy administration life cycle: information collection, policy issuance, premium bookings, credit control, cancellation.
Ability to work in a complex, global matrix organization.
A willingness to learn and explore how AI can enhance your role and the broader organization is expected.
Fluent German and English language skills.
94125 | Underwriting | Entry Level | Non-Executive | Allianz Commercial | Full-Time | Permanent
