Job ref no.: CT3118290-01#8839

Senior Underwriter Property

Allianz Global Corporate & Specialty

Senior Underwriter Property

  • Hong Kong
    Hong Kong SAR, China
  • Professional
  • Underwriting
  • Full Time
  • AGCS
  • Valid until 04.02.2019

Allianz as Employer

  • Why Allianz & Benefits
  • Recruitment Process
  • Allianz Career Website


  • Underwrite new and renewal accounts to meet top and bottom line targets (local and/or regional). Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity.
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs). Underwrite International Insurance Programs (for relevant LoBs)
  • Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
  • Ensure contract certainty is achieved on all accounts at time of inception
  • Ensure utilisation of global pricing tools
  • Ensure placing and binding of FAC Reinsurance prior to policy inception
  • Ensure accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility)
  • File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
  • Proactively support completion of policy administration and credit control processes
  • Support development and execution of regional Underwriting strategy for LoB regionally
  • Training, developing and coaching of less experienced staff (including junior underwriters, operations, credit control)
  • Manage standard referrals from underwriters and spokes and re-underwrite complex business as appropriate
  • Delegate work as appropriate
  • Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
  • Proactively liaise with MMC on market management initiatives
  • Positively represent AGCS externally to the market
  • Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations
  • Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)



  • Preferably a degree in Economics, Law, or other appropriate discipline
  • Completion of professional insurance qualification (e.g. CII)
  • Proven track record in underwriting profitable business in LoB. Good understanding of LoB products and portfolio
  • Demonstrable, established relationships with brokers at peer group level and established within market
  • Good understanding of regional / local LoB insurance markets and competitor landscape
  • Understanding of legal and regulatory framework
  • Experience working in complex, global matrix organization
  • Technical Skill: risk assessment and management, pricing and market management, contract drafting and interpretation, and policy management
  • General Skill: communication & presentation, Influencing skills, and analytical skills

AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.

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More job information
Job ref no. CT3118290-01#8839
  • N/A
Job Function
Employment Term
  • Full-time
  • 0 year
Career Level
  • Non-management level
  • Degree