Underwriter - Entertainment Lines

Allianz Group

Underwriter - Entertainment Lines

Salary Not Specified

Allianz Group, Langbourn, City and County of the City of London

  • Full time
  • Permanent
  • Remote working

Posted today, 20 Sep | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 69715a53df054713a372c29e14ab0b50

Full Job Description

Our global team is dedicated to driving sustainable growth and innovation, positioning ourselves as market leaders with, a forward-thinking approach. We strive to expand our market share by leveraging cutting-edge strategies and fostering a culture of excellence. Committed to sustainability, our team integrates eco-friendly practices and ethical solutions into every aspect of our operations. Join us as we lead the way in shaping a more responsible and prosperous future, embracing challenges and capitalizing on opportunities to achieve exceptional results. The Impact You Will Have Based in London, as part of the 7-strong Entertainment team, you will have a direct impact on managing all aspects of the Live Events portfolio. You will ensure the smooth and accurate administration of policies, working closely with other functions to maintain high operational standards. By developing and strengthening commercial relationships with brokers and clients, your efforts will drive business growth and enhance our market reputation within the entertainment sector. Some of your specific responsibilities could include:

  • You will develop and maintain peer relationships with brokers, clients, and the Underwriting teams in the Region and CUO.
  • You will underwrite new and renewal accounts to meet top and bottom-line targets in line with the underwriting strategy, with authority based on your experience.
  • You will proactively prepare relevant underwriting information, including client and market research and claims data.
  • You will assist in the coordination of Natural Catastrophe reporting.
  • You will ensure underwriting compliance in line with the Line of Business governance framework, including Underwriting Authorities, global MSU, and Underwriting Guidelines.
  • You will assist in achieving contract certainty on all accounts at the time of inception.
  • You will assist in ensuring the binding of FAC Reinsurance before policy inception.
  • You will work with other functions, such as operations, credit control, MMC, ARC, and Claims.
  • You will assist in managing broker facilities, including checking and agreeing on policy documentation, administration, tracking policy progression, and broker follow-up.

    You have at least 2 years of experience in the insurance industry, with a preference for underwriting expertise.
  • You hold a degree-level education or are actively pursuing a professional insurance qualification (preferred).
  • You possess exceptional communication skills, both written and verbal.
  • You demonstrate strong commercial acumen and a strategic mindset.
  • You have solid analytical skills, with the ability to assess complex data and make informed decisions.
  • You have a thorough understanding of the policy administration life cycle, including information collection, policy issuance, premium bookings, and credit control processes.
  • You are familiar with the legal and regulatory framework governing the insurance market.
  • You are highly proficient in MS Office applications, particularly Word, Excel, and PowerPoint.
  • You are fluent in English, both spoken and written.

    Whether it's aircraft, international business, or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses., Allianz Commercial is the Allianz Group brand serving the world's largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations' economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.
  • As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. Learn more about careers at Allianz Commercial by clicking here. Learn more about Allianz Commercial by clicking here.

    Let's 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. Let's 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. Let's care for life's 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. We've got your back. Let's 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.