Senior Commercial Underwriter

Allianz

UAE

Posted
Ref: SP864-30

Job description / Role

Employment: Full Time

Allianz Group is one of the most trusted insurance and asset management companies in the world

Allianz Trade is recruiting for a Senior Commercial Underwriter to join our team based in Dubai.

Your role

- Contribute to BU-specific MMCD strategy through execution and monitoring of Allianz's Commercial Underwriting standards

Key responsibilities/What you do

- Take responsibility for the proper implementation of the Commercial Underwriting rules on BU level
- Detail checklist for structuring of complex contractual agreements with customers
- Specify guidelines for development and/or adjustment of new products from underwriting perspective
- Facilitate business development by providing sales force with solutions in frame of Commercial Underwriting rules
- Drive long-term quality and profitability of portfolio
- Approve terms and conditions of adjusted or new products
- Govern all underwriting activity on regional and BU level
- Review and actively monitor policies underwritten by sales
- Take responsibility for training of sales force on the strict implementation of underwriting standards
- Engage personally in the management of top accounts
- Ensure consolidation of monthly commercial reporting
- Overlook internal controls

Requirements

Your challenge

- Refine and enhance existing underwriting standards continuously
- Ensure long-term profitability and quality of customer portfolio

Key requirements/What you bring

- Market knowledge:
- In-depth know-how in BU market specifics
- Business expertise:
- Expert knowledge in structuring of complex contractual details
- Expert project management skills

Interpersonal skills:

- Ability to interact with all levels of the organization
- Ability to convince customers in negotiations

Internal leadership behavior:

- Build and motivate local teams
- Attract, train and retain high potential employees

External leadership behavior:

- Act as a trusted advisor for customers and partners
- Represent company to all external stakeholders

Preferred

- Ability to balance commercial interests and strict standards regarding quality of portfolio when structuring terms and conditions of complex deals

Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let's care for tomorrow.

About the Company

With over 159,000 employees from 172 nationalities across more than 70 countries, we are one of the world's most trusted insurance and asset management companies. We offer a broad range of products and services in property/casualty insurance, life/health insurance, and asset management. We have our largest operational presence in Europe, and our parent company, Allianz SE, is headquartered in Munich, Germany. From jobs in Actuarial, Business and IT to Inhouse Consulting and Investment Management - your opportunities are endless!

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