Property Underwriter at Allianz Global Corporate & Specialty

Your Team 

AGCS has a long-standing tradition of supporting the property and business interruption (PDBI) insurance solutions in all kinds of industries, from upper middle market clients to large corporates. Our team has many years of practical experience of leading the largest PDBI risks in the South African market with international insurance programs. The Team is composed of 2 Senior Underwriters.

The Impact You Will Have 

• Based in Johannesburg and being a member of the Property UW Community of the Mediterranean and Africa-Middle East (MEDA) (30 people approx. in total within MEDA), you will report to the Regional Property UW Manager (based in France) and you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships. 
• You will be responsible for work alongside a Senior Team to underwrite profitable new and renewal business. Your responsibilities also include supporting for negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business.

Some of your specific responsibilities could include

• Develop and execute the Property Line of Business (LoB) local strategy and proactively support the development of the global LoB strategy;
• Develop and maintain strong relationships with brokers and clients;
• Ownership of large accounts / clients and ultimate responsibility for accounts .
• Continue regional expansion in Middle East
•  Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary);
• Coordinate with local Distribution to drive successful execution of strategic plan together with local Property Market Contact;
• Positively represent AGCS internally within the Allianz Group, and externally to the market;
• Proactively drive involvement of functional areas in Underwriting process, including e.g. Distribution, ARC, Claims, Operations

What You’ll Bring to the Role

• Solid relevant experience as an Underwriter, Broker or relevant equivalent in the insurance sector
• Successful completion of relevant local regulatory exams
• An entrepreneurial mindset and strong communication skills 
• Able to work in an international matrix organization
• Ability to assess risks, coverages, terms and conditions of a (potential) insurance placement and can translate this into an insurance offer 
• A true team player and well established within the market. You have relationships with clients and brokers at peer group level

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.