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Business Development Underwriter
1 month ago
As a trusted Insurance partner to over 700,000 customers across the island of Ireland, Allianz plc has built a local and global brand based on trust, integrity and outstanding customer service for over one hundred years. Our Commercial business has set ambitious growth targets into 2028 and to help us to deliver on that goal we are now recruiting a Business Development Underwriter to join our hybrid-working team.
The Opportunity
As part of the Business Development Underwriter Team you will join a group of experienced technical experts who underwrite commercial combined, property and liability business across all commercial sectors.
Working proactively with Broker partners and Allianz Customer Relationship Executives you will target new business opportunities that are aligned to our risk appetite, proactively engage with internal stakeholders in Customer, Pricing and Portfolio Management and deliver against agreed GWP targets to support our overall growth strategy.
Role Responsibilities:
- Profitably underwrite commercial, property and liability insurance submissions to achieve GWP targets for all sectors.
- Oversee the end to end customer outcome of allocated new business submissions aligned to target KPI's.
- Balance speed of turnaround with technical requirements of the role to deliver on Business Development team targets including quote rate and conversion.
- Engage with internal stakeholders in Sales and Distribution, Pricing and Portfolio management to negotiate terms to convert target prospects and conduct detailed risk assessment and acceptance within existing Delegated Underwriting Authority (DUA) framework agreements.
- Partner with colleagues in Sales and Distribution to prospect and win new risks, delivering against agreed performance and service metrics.
- Share knowledge and technical expertise with colleagues, contribute to personal and team technical development.
- Identify and implement improvements in process, proposition or service to best serve our customer base.
Minimum Requirements:
- A minimum of 5 years' experience in commercial insurance (property and liability).
- Experience in growth, achieving targets, underwriting.
- A proven track record in winning and writing commercial combined products at mid-market level.
- Specialist experience in engineering, manufacturing and distribution sectors/business.
- Experience in a New Business role in commercial or general insurance.
- Proficiency in Salesforce (or equivalent CRM system) and i90.
Regulatory Notice
Appointment to this role will be subject to the requirements provided for by the Central Bank of Ireland. This role is a Control Function (CF-4,8) and is subject to F&P Standards. This includes the requirements provided for by the Central Bank (Individual Accountability Framework) Act 2023. The successful candidate will be provided with the relevant Conduct Standards (including Additional Conduct Standards) training, where required.
Allianz plc. is regulated by the Central Bank of Ireland.
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.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We 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.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
