ART Executive Underwriter

We are looking for an ART Executive Underwriter in the EMEA markets (m/f/d), based in eith er Wallisellen , Munich, Cologne or Vienna.

Your Team

The Alternative Risk Transfer (ART) line of business of Allianz Commercial transacts in innovative tailored structured insurance, captive reinsurance, and other non-traditional risk management solutions for a wide range of large corporate clients globally. We specialize in helping our customers mitigate their most complex risks with bespoke multi-year and multi-line agreements covering a broad range of risks, leveraging our expertise in alternative risk transfer and the global capabilities of the Allianz Group.

The Impact You Will Have

You will implement the global strategy for ART in the EMEA markets , taking responsibility for underwriting results of your transaction portfolio , including market management and underwriting excellence . You will identify and develop cross-sell opportunities with A llianz Commercial while designing innovative and complex solutions in a competitive environment.

Looking ahead, you will play a key part in driving the continued expansion of ART in EMEA ensuring profitable growth with sophisticated corporate clients, and fostering active collaboration with other A llianz Commercial Lines of Business.

Some of your specific responsibilities could include :

Global Sub- LoB Underwriting Execution

• - Develop and execute the global ART strategy for EMEA in underwriting and business development
• - Drive profitable growth by identifying market opportunities and new client segments
• - Close key transactions with target clients
• - Develop and implement strategic global market management tools

Product / Service Development

• - Lead new product development s for select market opportunities in ART
• - Interface into Allianz Group products, leveraging the strong Allianz brand

Relationship Management

• - R epresent ART internally within AGCS and the Allianz Group, and externally to the market from a Senior Underwriting perspective
• - Proactively build long-term relationships with key client and broker contacts
• - Interact with other functions, particularly Underwriting, Legal, Claims and Deal Services

Market Insight and Reporting

• - Develop and maintain current and comprehensive client and industry segment insight
• - Deliver relevant market and competitor insight to the business
• - Develop, implement, and broadcast operational measurements, KPIs, and SLAs to measure, steer, and improve business globally and locally

What You’ll Bring to the Role

• - Strong strategic underwriting skills in the structured underwriting space , including segmentation, client differentiation, and value proposition development
• - Minimum 5–7 years of underwriting experience in a specialty area
• - Proven ability to develop market s and clients
• - In-depth knowledge of large corporate risks and s tructured risk insurance, with a strong understanding of market dynamics and customer needs
• - Experience in implementing best practice in sales distribution and channel management
• - Ability to develop innovative solutions and communicate strategies in a fast-changing environment
• - Skilled at building and influencing key stakeholders across locations and functions
• - Excellent written and verbal English communication skills, with strong negotiation ability at senior levels
• - Transactional expertise in structuring and executing complex structured insurance transactions
• - Entrepreneurial mindset with a track record of positively impacting strategy and results
• - University degree or professional designation in Actuarial, Insurance, Underwriting, Finance, or Legal
• - Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.

Further Information :

For Germany, the base salary range for this position is between EUR 87,000 and EUR 116,000 (for a full-time role). For Austria, the base salary range for this position is between EUR 84,000 and EUR 111,000 (for a full-time role). The specific salary offered considers:

• - the requirements, scope, complexity and responsibilities of the role,
• - the applicant's own profile including education/qualifications, expertise, specialization, skills and experience.

The annualized amount represents a market range and will also be determined by the location of the role. In the situation where you do not meet all the job requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, we offer an attractive performance-based variable component based on location spe