Director, Underwriting – Construction (Burbank)

Allianz Global Corporate & Specialty is a premier worldwide carrier for large industrial corporations and their global risks. Our client focus is U.S. corporations with global operations, large national accounts, oil and petrochemical corporations, large contractors and complex construction projects and U.S. subsidiaries of foreign corporations.

We offer challenging assignments and projects in a team-oriented environment. Allianz provides excellent benefits, competitive compensation, and career growth for creative, motivated people who thrive in a fast-paced environment.

We currently have an opening for a Director of Underwriting in our Burbank, CA office. 

Role Purpose:

Directly accountable for the attainment of assigned marketing and underwriting goals from assigned business unit.

Key Responsibilities:

·         Independently analyzes new and renewal business within a designated underwriting authority.

·         Makes decisions regarding the selection and pricing of profitable business through analysis of available facts and resources. Analyzes loss control information when determining account acceptability.

·         Monitors results of business written on an ongoing basis to ensure profitability.

·         Responds to inquiries with a sense of urgency to ensure outstanding and timely customer service to producers and policyholders.

• Coordinates, directs and carries out customer services personally to maintain long-term mutually beneficial relationships with our customers.
• Responsible for skilled technical administration of policy coverages.
• Provides expertise in all technical areas of policy coverages commensurate with experience required for the position. Acts as a resource to internal and external contacts.
• Manages various aspects of large international/global accounts.
• Maintains effective relationships with producers on assigned accounts. Seeks, attracts and develops new and renewal business opportunities with these and other producers.
• Has knowledge of global exposures and keeps informed on global economic and political developments which have a bearing on underwriting decisions
• Has knowledge of alternative risk financing methods such as, but not limited to, Captive Accounts, Deductible Funding Programs and Self Insured Retention.
• Provides direction and training to Underwriting Assistants.
• Performs all other duties as assigned

Requirements:

• The ideal candidate will have 14 years of large inland marine/builders risk account experience
• Bachelor’s Degree in Civil Engineering or equivalent work experience.
• Must be knowledgeable with marketplace and brokers.
• Must have excellent written, verbal, negotiation and presentation skills.
• Proficiency in Word and Excel is required.
• Experience in technical lines of underwriting is mandatory