Allianz Commercial · 1 day ago
Executive Underwriter - Captive Fronting, Alternative Risk Transfer
Alpharetta, GA
Full-time
Hybrid
Senior Level
$215K/yr - $270K/yr
7+ years expAllianz Commercial is a global corporate insurance carrier and part of Allianz Group, dedicated to providing risk consultancy and alternative risk transfer solutions. The Executive Underwriter will manage client relationships and drive business development for Global Captive Fronting accounts, ensuring compliance and operational excellence while promoting the ART value proposition.
Insurance
Responsibilities
Act as the key relationship point of contact for clients and brokers, ensuring exceptional service and satisfaction
Build and maintain strong, long-term relationships with key client and broker contacts, fostering trust and collaboration
Develop and nurture relationships with Allianz Commercial Lines of Business (LOBs) and the Multinational Unit to enhance service delivery
Provide technical advice and insights on Captive Fronted program structures to enhance the value offered to clients
Collaborate with Distribution and LOBs to identify and develop new business opportunities, driving growth and expansion
Deliver relevant market and competitor insights to inform strategic decisions and business development initiatives
Negotiate fees and ensure account profitability, aligning with business growth objectives
Advocate and market the ART value proposition for fronting and structured underwriting, both externally to the market and internally within Allianz Commercial and Allianz Group
Manage a portfolio of Global Captive Multinational Structured Fronting accounts with a focus on governance, compliance, and credit exposure management
Adhere to corporate compliance standards, including credit risk, legal documentation, and licensing requirements
Develop, implement, and communicate operational measurements, KPIs, and SLAs to drive and improve business performance globally and locally
Maintain a current and comprehensive understanding of client needs and industry segments to tailor solutions effectively
Ensure delivery on agreed-upon service standards, enhancing client satisfaction and relationship management
Qualification
Required
A minimum of 7 year's expertise in negotiating, structuring and executing complex Fronting and Multinational programs
Client relationship management experience up to C suite level
5+ years' experience in line of business or Risk Management role
In-depth understanding of the Captive concept, the rationale for them, their use and the nature of their operations
Broad-based knowledge of the major lines of business
Ability to define clear value proposition
In-depth knowledge of large risks and specialty risks insurance
Experience applying the knowledge of how the market operates and functions, as well as understanding the business needs and customer needs
Ability to develop innovative solutions in changing environments
Ability to utilize AO tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making
Ability to communicate strategies to address market trends or changes in the business environment
Positively influence key, strategic position holders internally across Lines of Business and Functions
Build and maintain strong relationships with clients, brokers, peers
Ability to express ideas and messages clearly, both written and verbally
Skilled at communicating both internally and externally at senior levels
University degree or Insurance qualification in one or more of the following areas: Actuarial, Insurance, Underwriting, Finance or Legal
Benefits
Annual performance-based cash incentive awards
Generous bonus scheme
401K
Private healthcare
Generous parental leave benefits
Company
Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jennifer Partyka
Head of Cost Controlling CxO ex COO
Christina Hager
Sr. HR Business Partner
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