JOB PURPOSE/ROLE At AGCS we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex Recall risks in the market.
Based in London, you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships. You will be responsible for underwriting profitable new and renewal business to meet Recall targets regionally including global elements. Your responsibilities also include negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business.
KEY RESPONSIBILITIES In this role you will…. •Underwrite in line with Recall governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles •Ensure contract certainty is achieved on all accounts at time of inception •Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims, Operations •Manage referrals from underwriters and re-underwrite complex business as appropriate •Contribute to the development and execution of regional Underwriting strategy for Recall •Create and maintain positive relationships with key producers and clients and other relevant stakeholders (e.g. risk managers) •Ensure accurate policy documentation is issued to producers (where it is AGCS’ responsibility to do so) or producers has issued documentation (where producer responsibility).
KEY REQUIREMENTS/SKILLS/EXPERIENCE •You have a degree either in Economics, law or other appropriate discipline •You have at least 5 years’ experience as an Underwriter, Broker or relevant equivalent in the Recall sector •Ideally you are CII qualified or equivalent or working towards it •You have experience underwriting profitable business in the Recall segment of large corporate international insurance •You have recognized relationships with clients and brokers at peer group level and are well established within the market •You have a specialized understanding of regional / local Recall insurance markets and competitor landscape •Capable of leveraging data and analytics to make business more efficient and effective •You have a good understanding of the legal and regulatory framework •You can design, develop and implement consistent, robust wordings for contracts.
Learn more about Allianz Global Corporate & Specialty (AGCS)
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