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Senior Property Underwriter

Sydney, Australia
Closing date
Mar 3, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Senior Property Underwriter | NSW - Sydney

  • Work on complex & technically challenging new biz/ renewal mid-market risk
  • Engage with a broad selection of brokers & build your profile
  • Allianz works in a hybrid manner, flexible working options are available

The Commercial division is Allianz Australia's largest distribution channel whose customers include Commercial, Corporate and international buyer groups throughout Australia. We currently have an opening for a Senior Property Underwriter to join our team to work on complex mid-market/ corporate accounts in accordance with the business unit plan, underwriting guidelines and delegated authority limits.

This role will suit an experienced underwriter or senior underwriter, broker or account manager with a sound understanding of the ISR product.

It will be your responsibility to:
  • Work closely with a team of Underwriters, the State Underwriting Operations Manager and our Distribution team to source and underwrite profitable new business opportunities.
  • Underwrite our most complex renewals and executing effective retention strategies whilst leveraging those renewals to further develop relationships with key broking partners.
  • As one of the lead underwriters in branch for the property class, you will make a significant contribution towards portfolio analysis and product strategies for property.
  • Underwrite our most complex renewals and executing effective retention strategies whilst leveraging those renewals to further develop relationships with our key broking partners.
  • Promote and utilise the Allianz Group in Australia to provide whole of account insurance solutions for our clients across a wide number of product classes
  • Work effectively with the Underwriting Team to develop their capabilities, provide a senior referral point and foster a collegiate underwriting culture.
  • Monitor performance to ensure key financial indicators are achieved, namely GWP, Profit and Pricing control measures.
  • Build and maintain relationships with key stakeholders within Branch and other Allianz divisions.

Important to your success:
  • You will ideally have deep experience in a similar property underwriting role, we are also open to technically minded individuals from a broking or account management background.
  • A solid understanding of the ISR product with an understanding of related reinsurance structures.
  • Excellent stakeholder management skills with the ability to both build relationships and influence at all levels.
  • A strategic thinker with an analytical mindset and the ability to problem solve.
  • Strong communication skills both written and verbal.
  • Tertiary qualifications that relate to and enhance the applicant's/incumbent's ability to carry out the job functions.

What's On Offer
  • This role will present an exciting opportunity to join a global iconic insurance organisation, which is transforming through an exciting time of change and growth.
  • We recognise the contribution of our employees and reward our staff with a dedicated range of attractive benefits: wide range of insurance, household, lifestyle and travel discounts available; variety of flexible leave options; on-going training and development opportunities.
  • We value integrity, customer focus, collaborative leadership and trust, and we are seeking people with the same values. We recognise our employees as our most valuable asset and are committed to helping people to build a long term career within a strong inclusive team culture

About us

At Allianz, we care for all the things that make you, you. For feeling like you belong. For a place where learning never stops. For growing new skills and opening up exciting possibilities. For your curiosity to thrive and help transform an industry. And when life twists, there's flexibility for balance and the support you need. We know that flexible work comes in different forms, that's why we're embracing hybrid teams - enabling employees to maintain a balance of working both in the office and remote, supporting the needs of both the business and individual.

Allianz 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.

Let's care for tomorrow. For a career with plenty of room to grow. Care to join us?


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