We are looking for an Associate Graduate Underwriter to work with our Property Team. This is a 12 month Program for recent University Graduates and will start in July 2026.
This will be a hybrid role based in New York, NY.
Your Team
Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our Allianz Commercial Property network.
Our experience speaks for itself, insuring the majority of Allianz Commercial Property Fortune 500 companies, managing over 1000 Allianz Commercial property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.
When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!
The Impact You Will Have
As an Associate Graduate Underwriter at Allianz, you'll play a vital role in our underwriting process, contributing to both our top and bottom line targets. You'll help maintain strong relationships with brokers and clients while ensuring compliance with our underwriting standards. Your work will directly support our business growth through new client acquisition and existing client retention.
Some of Your Specific Responsibilities Could Include:
- Underwriting new and renewal accounts within your predefined authority.
- Participating in the acquisition of new business and retention of existing clients.
- Preparing relevant underwriting information through client/market research and claims data.
- Assisting in risk pricing using global tools and evaluating Natural Catastrophe Accumulation
- Ensuring underwriting compliance with governance frameworks and achieving contract certainty
- Establishing and maintaining accurate policy files and documentation
- Supporting administration of International Insurance Programs
- Managing policy premium bookings and working with other functions to resolve account queries
- Representing Allianz positively in the market and developing relationships with key stakeholders
- Collaborating with internal functional areas in the underwriting process
What You’ll Bring to the Role:
- Bachelor's degree preferably in Economics, Law, or other appropriate discipline
- Some related experience and basic understanding of insurance products and portfolio is preferred
- Progress towards professional insurance qualification (e.g., CII)
- Basic understanding of regional/local insurance markets and competitor landscape
- Strong communication and influencing skills
- Analytical ability to process information and draw appropriate conclusions
- Experience building relationships with brokers at peer group level
- Fluency in local language
- Ability to work effectively in a complex, global matrix organization
- Customer focus and results orientation
- Entrepreneurial mindset and strategic thinking
- Join our team and develop your underwriting expertise while contributing to Allianz's continued success in the insurance market.
- A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.
