Sr. Specialist - P&C Commercial - Engineering

About the Role

Responsible for achieving premium income generated from commercial business as per defined target GWP and CoR and perform underwriting functions/results according to company policy and guidelines. This position also provides underwriting support to all distribution channels for assigned lines of business (LoB) including reinsurance inward from cedants.

Responsibilities

• Identify and pursue business opportunities to achieve team targets.
• Conduct underwriting portfolio analysis and coordinate with regional teams to obtain approvals for assigned LoBs in collaboration with underwriting and marketing teams.
• Support management to ensure responsibilities are executed in line with company policies and service standards.
• Provide recommendations to enhance operational efficiency, teamwork, and overall performance.
• Act as key interface for ASU processes with Regional HQ and AZSE to ensure alignment with Allianz underwriting standards.
• Develop and implement reinsurance strategies with Allianz Group stakeholders, including AZRe, regional teams, and appointed brokers.
• Collaborate with internal stakeholders (actuarial, finance, operations, marketing/distribution, compliance) to achieve business objectives.
• Review policy terms, premium calculations, and loss experience to prepare renewal proposals for existing and new clients.
• Drive cross-selling initiatives and ensure renewal retention meets planned targets.
• Build and maintain strong relationships with key producers through regular engagement.
• Deliver quotations, renewal notices, endorsements, and responses within agreed SLA timelines.
• Establish competitive terms and reinsurance arrangements, including facultative placements, using market insights.
• Finalize client agreements and coordinate with relevant teams to ensure timely policy issuance.
• Collaborate with Risk Consultant Services to ensure robust underwriting risk assessment, loss prevention, and compliance with underwriting standards.

Qualifications

• Must Have: Degree or higher in a related field (focus on Engineering education background).
• Minimum 5 years' experience in Engineering, Property, Specialty, Casualty or other miscellaneous underwriting units.
• Experience in underwriting property or engineering background is an advantage.
• Experience in a technical client-facing role, preferably selling to customers.
• Background working with probability and statistics to develop forecasts and projections.
• Knowledge of reinsurance and brokers market, networks and relationships.
• Nice to Have: Customer relation management; experience working effectively across cross-functional teams; presentation tools (Prezi, Visme, PowerPoint); MS Office (Word, Excel, PowerPoint, Outlook, SharePoint); good English communication; familiarity with AI tools (e.g., ChatGPT, Copilot365) is an advantage.

About the Company

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. We are united by a shared commitment to put our customers first and at the centre of everything we do. Allianz stands for unity, inclusion and equal opportunities regardless of ethnicity, age, gender, nationality, religion, social class, disability or sexual orientation.