Please note: This position is associated with the pending sale of the Allianz Commercial (MidCorp / Entertainment) business to Arch Insurance (Arch). It is expected that by the end of May (or shortly thereafter for hires made in the latter part of May or beyond), Arch will extend comparable offers of employment to employees of the MidCorp/Entertainment business, contingent upon the closing of the transaction. The transaction's closure is subject to the satisfaction of all applicable closing conditions, including regulatory approval.
At [Company Name], we envision a future where your ambitions, dreams, and tomorrow are cared for. As a global leader in insuring corporate and specialty risks, we safeguard businesses worldwide, whether it's protecting aircraft, satellites, or combating cyber-attacks and climate change impacts.
We're seeking a Property Underwriting Specialist for the Midwest Zone, ideally based in Chicago.
About The Role
We're on the lookout for a commercial property expert to join our team in the Midwest Zone. This role involves both new business production and renewal management, collaborating with brokers across the Midwest while assessing risks nationwide. Our Middle Market Property unit specializes in comprehensive property structures and focuses on industries such as Real Estate, Hospitality, Manufacturing, Healthcare, and Wholesale Distribution.
As an Underwriting Specialist, you'll directly underwrite, service, and grow a book of business, engaging with brokers to identify opportunities and collaborating with internal teams to ensure profitable growth.
Key Responsibilities
Cultivate relationships with key trading partners and drive submission activity.
Maintain profitability, growth, and retention of assigned book of business.
Exceed new business production goals while adhering to authority and strategies.
Collaborate with internal stakeholders and brokers to retain key renewals and coordinate Risk Services & Claims Service plans.
Develop and execute prospect pipelines with trading partners and explore cross-selling opportunities.
Qualifications
Bachelor's degree.
5+ years of Underwriting experience, preferably in Middle Market Property or Multiline background.
Strong interpersonal and negotiation skills.
Knowledge of current insurance marketplace conditions.
Proficiency in Microsoft Office Suite.
What You Can Expect
Competitive annualized base pay range of $96,944 - $166,190.
Comprehensive compensation and benefits package.
Opportunities for career development and international mobility.
Supportive environment promoting work-life balance and employee wellbeing.
Engagement in shaping a safe, inclusive, and sustainable future.
Join Us
[Company Name] is a global corporate insurance carrier committed to diversity and inclusion. We welcome applications from individuals of all backgrounds and experiences.
Recruitment Agencies: [Company Name] has an in-house recruitment team and does not accept unsolicited resumes from external recruiters. Please refrain from contacting managers directly.
Job Level: Professional
Location: Chicago, IL, US, 60606 (Remote work available)
Area of Expertise: Underwriting
Employing Entity: Allianz Global Risks US Insurance Company
Job Type: Full-Time, Permanent
Employment Type: Full-Time
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Human Resources Services
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