Allianz
From Allianz's careers page
Status: listed on the employer's own careers page when we last checked (daily). Confirm on their site before applying.
Job Purpose We are looking for a P&C Underwriter – Engineering Risks to join our company.
Job Purpose
We are looking for a P&C Underwriter – Engineering Risks to join our company. The job holder will execute underwriting activities for Engineering, Construction, Energy Risks for mid corporate area in an efficient and effective manner. The role includes the examination of insurance proposals, collection of complete background information and risk data, analysis and assessment of the risks in order to proceed to preparation of design and coverage structure, rating and pricing of the risks as well as negotiation and binding.
Execute day-to-day pricing and underwriting for new business opportunities (collecting documents by Brokers and assessing relevant information)
Assess loss history and evaluate client / manufacturing risk data as well as technical input on a variety of standard risks
Collaborate with team and maintain new underwriting, renewals, reinsurance activities according to international standards
Appoint risk assessors and external parties to assess risk, claims etc., including provision of appropriate instructions
Execute the underwriting process by ensuring the accuracy, completeness of relevant information and support documentation for standard operation
Partner with risk managers and sales during all phases of underwriting process e.g. new requests, renewals and annual reviews of existing portfolio
Prepare policies determining appropriate wording and insurance policy terms and conditions
Maintain knowledge and understanding of own local market, and correctly execute underwriting strategy in area of responsibility
Maintain a correct understanding of natural perils and their assessment, and apply appropriate referral process to exceptions
Degree in Engineering, Insurance, Statistics or other relevant field
Master’s degree and/or any insurance relevant professional qualifications are considered an asset
3-5 years of professional experience in a similar role
Proven knowledge of Engineering Risks (MB/CMI, CPM, CECR, EEI, BI), and Project Risks EAR/CAR (annual, single), ALOP, BI, Project Cargo, TPL, Energy Risks. Understanding of R/I concepts and line size considerations
Knowledge and application of Nat Cat rating tools, PML/EML calculation
Knowledge of risk management elements
Excellent command of Greek and English language (spoken & written)
Proficiency in MS Office, especially Excel
Analytical skills and attention to detail
Competitive salary and benefits package
Professional development and education
Health and wellbeing programs
Positive learning and growing environment
The salary range and overall compensation package for this position will be communicated to candidates prior to the interview stage of the recruitment process.
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. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. Join us. Let's care for tomorrow.
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