Junior Underwriter Entertainment - based in London

Let’s 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 it’s aircraft, satellites, the world’s 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 Junior Underwriter Entertainment, based in London.

The Impact You Will Have
Reporting to the Regional Head of Entertainment, you will work within the 7-strong Entertainment team and proactively support the Underwriter responsible for the Live Events portfolio: prepare underwriting processes, liaise with other functions to ensure timely/accurate policy administration. The development of commercial relationships with brokers and clients is also one of your main tasks.
Some of your specific responsibilities could include

• Develop and maintain peer relationships with brokers, clients and the Underwriting teams in the Region
• Underwriting of new and renewal accounts to meet top and bottom-line targets in line with underwriting strategy.
• Proactively prepare relevant underwriting information including client / market research and claims data
• Assist in the coordination of Natural Catastrophe reporting
• Ensure Underwriting compliance in line with LoB governance framework
• Assist in ensuring binding of FAC Reinsurance prior to policy inception
• Proactively work with other functions
• Assist in the management of broker facilities (checking / agreeing policy documentation, administration, tracking progression of policies, broker follow-up)

What You’ll Bring to the Role

• First experience in the insurance market, preferably in Underwriting
• Degree-level education or progress towards professional insurance qualification preferred
• Excellent communication skills
• Commercial acumen
• Analytical skills
• Good understanding of policy administration life cycle, information collection, policy issuance, premium bookings and credit control
• Basic understanding of legal and regulatory framework
• Proficient understanding of MS Office applications (Word, Excel, PowerPoint)

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.
23065 | Underwriting | Entry Level | Allianz Global Corporate & Specialty | Full-Time | Permanent
What’s in it for you?
Let’s 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.
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.
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.
Job Level: Entry Level Location: London, GB, EC3V 0HR Available until: 17/05/2023 Area of Expertise: Underwriting Unit: Allianz Global Corporate & Specialty Employing Entity: Allianz Global Corporate & Specialty SE Job Type: Full-Time Remote Job: Hybrid working Employment Type: Permanent ID: 23065