Posted on: 24 February 2023
ID 852924

Property Underwriter - based in Johannesburg

Lets care for tomorrow.

Your ambitions. Your dreams. Your tomorrow.


At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether its aircraft, satellites, the worlds biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) has the major risks covered when it comes to protecting businesses.

We are looking for a Property Underwriter, based in Johannesburg.

Your Team

AGCS has a long-standing tradition of supporting the property and business interruption (PDBI) insurance solutions in all kinds of industries, from upper middle market clients to large corporates. Our team has many years of practical experience of leading the largest PDBI risks in the South African market with international insurance programs. The Team is composed of 2 Senior Underwriters.

The Impact You Will Have

Based in Johannesburg and being a member of the Property UW Community of the Mediterranean and Africa-Middle East (MEDA) (30 people approx. in total within MEDA), you will report to the Regional Property UW Manager (based in France) and you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships.

You will be responsible for work alongside a Senior Team to underwrite profitable new and renewal business. Your responsibilities also include supporting for negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business.

Some Of Your Specific Responsibilities Could Include
  • Develop and execute the Property Line of Business (LoB) local strategy and proactively support the development of the global LoB strategy;
  • Develop and maintain strong relationships with brokers and clients;
  • Ownership of large accounts / clients and ultimate responsibility for accounts .
  • Continue regional expansion in Middle East
  • Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary);
  • Coordinate with local Distribution to drive successful execution of strategic plan together with local Property Market Contact;
  • Positively represent AGCS internally within the Allianz Group, and externally to the market;
  • Proactively drive involvement of functional areas in Underwriting process, including e.g. Distribution, ARC, Claims, Operations
What Youll Bring To The Role
  • Solid relevant experience as an Underwriter, Broker or relevant equivalent in the insurance sector
  • Successful completion of relevant local regulatory exams
  • An entrepreneurial mindset and strong communication skills
  • Able to work in an international matrix organization
  • Ability to assess risks, coverages, terms and conditions of a (potential) insurance placement and can translate this into an insurance offer
  • A true team player and well established within the market. You have relationships with clients and brokers at peer group level
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.

22083 | Underwriting | Professional | Allianz Global Corporate & Specialty | Full-Time | Permanent

Whats in it for you?

Lets Care About Everything That Makes You, You

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Lets care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Lets care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Lets care for lifes twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. Weve got your back.

Lets care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking here .

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.

People with disabilities:

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies:

AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.

Occupation:
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