Job details
Job type full-time
Full job description
Provide underwriting technical support to the midcorp teamAct as a technical reference point for workers comp, in conjunction with the global head of workers compensationResponsible for creating underwriting guidelines, wordings, and training in coordination with the product line leaders in midcorp and where necessary with other lob leaders when their products are needed by middle market underwritersAct as technical workers compensation subject matter expert (sme) for technology projects.
Underwriting strategy & knowledge transfer
Support development of global lob strategy, uw policy and all other relevant issues concerning lob
Participate in the development and execution of underwriting strategy for lob.
Work closely with market management, claims and other product lines to achieve key marketing strategies, including cross selling.
Profit center coordination
3serve as technical expert for underwriters and global practice leaders by providing formal and informal training, coach and mentor underwriters to ensure technical skills advance to levels appropriate for midcorp business.
Responsibility for determining the training plan.
Global processes, it-systems and tools
Represent lob / uw as blo and in respect of global (it) systems and processes
Develop, define and coordinate global processes (eGReferral flow)Triage common underwriting system questions, provide solutions where known, and work with business analyst/it to resolve defects.
Uw approach and compliance
Responsible for ensuring that the underwriters underwrite within line with lob governance frameworkReset underwriting authorities where needed.
Create and update underwriting guidelines, rules and principles for each class of business currently written by the midcorp package and small business team.
Draft insurance contract language and direct product development and regulatory filing projects; key contact for regulatory inquiries.
Policy documentation and administration
Ensure accurate policy documentation issued to producers (where agcs responsibility to do so) or producers has issued documentation (where producer responsibility)
File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
Proactively support completion of policy administration and credit control processesAudit underwriter files to ensure compliance and evaluate underwriting strengths and weaknesses of underwriters.
Relationship management
Represent agcs internally in the group, and externally to customers, the industry, and other organizations.
Drive involvement of functional areas in process coordination including e.gMarket management, operations, actuarial.
Actively support lob specific projects and task forces.
Compensation is commensurate with skills and experience and includes a comprehensive best in class benefits packageAny salary or benefits information provided by third party resources such as external job posting websites etc., cannot be deemed reliable.
Allianz group is one of the most trusted insurance and asset management companies in the worldCaring for our employees, their ambitions, dreams and challenges, is what makes us a unique employerTogether 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 usJoin usLet’s care for tomorrow.
We at allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employerWe 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 global corporate & specialty (agcs) is a leading global corporate insurance carrier and a key business unit of allianz groupWe 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.
Our customers are as diverse as business can be, ranging from fortune global 500 companies to small businesses, and private individualsAmong them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or hollywood film productionsThey all look to agcs for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.
Worldwide, agcs operates with its own teams in 32 countries and through the allianz group network and partners in over 200 countries and territories, employing over 4,300 peopleAs one of the largest property-casualty units of allianz group, we are backed by strong and stable financial ratingsIn 2019, agcs generated a total of €9.1 billion gross premium globally.
