Technical Product Underwriter

Allianz Group

Technical Product Underwriter

Salary Not Specified

Allianz Group, Poplar, Greater London

  • Full time
  • Permanent
  • Remote working

Posted 3 weeks ago, 30 Aug | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 036dd6b4024a442c8e66ae4b4ef6d527

Full Job Description

Allianz Trade are looking for their next Technical Product Underwriter to join our Canary Wharf based Commercial Underwriting team. Reporting to the Lead Commercial Underwriting Manager, you will be responsible for contributing to BU-specific Commercial strategy through execution, application and monitoring of Allianz Trade Commercial Underwriting standards, leading the technical underwriting and product development of our Finance & Securitisation product(s), and participating in and leading projects where commercial underwriting expertise is needed.

What you will do:

- Apply Commercial Underwriting rules and pricing strategy at BU level
- Evaluate & assess submissions for New Business, Renewals & Mid Term Amendments in accordance with Commercial Underwriting Rules
- Facilitate business development within the Commercial Underwriting rules
- ensure quality and profitability of the portfolio
- provide solutions to distribution for complex structures and/ or to find the best solution to fit customers' needs
- Lead the technical underwriting and product development (wording, product features, documentation, local guidelines, training) of Finance & Securitisation policies
- Support the training of the business on the implementation of underwriting standards
- Run control and audits to check commercial underwriting standards are applied consistently and to the level required
- Assist with the training of our Commercial colleagues and the rest of the company on underwriting, profitability of the portfolio and products
- Partner on the technical aspects of the Allianz Trade product range
- Participate in or, in some cases, lead transversal projects where Commercial Underwriting knowledge is required

knowledge of our products (terms and conditions, product parameters, clauses, ...)
- knowledge of applicable CUW Rules and guidelines
- knowledge in structuring complex contractual details
- understanding of commercial processes
Interpersonal skills:
- ability to pro-actively provide solutions
- ability to work cross-functionally
Project Management abilities:
- lead cross-functional team,
- scope a problem,
- organise work to find solutions and implement them

Allianz Trade is a global leader in credit insurance and credit management, specialising in trade credit insurance, surey bonds & guarantees, and business fraud insurance. Operating worldwide with over 62,000 clients globally, Allianz Trade has an AA rating by Standard & Poor's., Allianz Group is one of the most trusted insurance and asset management companies in the world. 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. Join us. Let's care for tomorrow.

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.

Allianz Trade is the trademark used to designate a range of services provided by Euler Hermes. We are the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Headquartered in Paris, we are present in more than 50 countries with 5,500 employees. In 2021, our global business transactions represented 931 billion Euro in exposure.