Jobs · Finance

Underwriter - Business Development | Remote

Allianz Reinsurance · Minneapolis, MN · 1 mo ago
RemoteRemoteFinance$132k–$219k/yrFull-time

Client Engagement

  • Serve as a client facing representative for AZRA
  • Oversight of the transaction process
  • Primary responsibility for negotiation and final price
  • In conjunction with the Sr Underwriter approve transactions within a specific authority limit
  • Meet Brokers, clients; attend conferences, organize meetings for the team at conferences
  • Organize underwriting and claim audits; attend some audits
  • Articulate scope and appetite to clients/brokers; turn down transactions
  • Attend 2-3 Legacy Conferences per year; Manage legacy brokers and legacy transactions
  • Find new markets for AZRA to explore – ie mutual insurers
  • Structure and Negotiate deals along with actuary / underwriters; each deal will have a primary negotiator - person could be actuary or client manager
  • Work with legal on wordings and contract language; manage legacy contract process
  • Governance – ensure that contracts meet exclusions (EET) / sanctions / ESG requirements
  • Lead audit responses; be knowledgeable of group and local U/W guidelines
  • Utilize artificial intelligence tools and resources (e.g. generative AI)

What You Bring

  • Deep knowledge of Reinsurance Market – junior broker
  • Underwriting experience a plus; knowledge of reinsurance transactions and lines of business
  • You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.

Job Posting

  • Reward Range: $131,600.00 to $219,300.00
  • Note: The job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program.

What We Offer

  • Allianz Group is one of the most trusted insurance and asset management companies in the world.
  • We are united by a shared commitment: to put our customers first and at the center of everything we do.
  • We are dedicated to consistently advocating for equal opportunities for all.
  • We welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

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