Underwriting Specialist – Property

Allianz

Underwriting Specialist underwriting complex property insurance risks for Allianz Commercial, which insures enterprises and special risks globally. Managing pricing, renewals, catastrophe exposure, and broker relationships.

Posted 8/5/2026full-timeLos Angeles • California • 🇺🇸 United StatesMid-LevelSenior💰 $123,534 - $186,707 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates advanced underwriting expertise with a focus on profitable business, risk assessment, and policy administration. Proficient in managing client relationships and driving pricing strategies within a complex, global insurance environment.

Highest-signal resume keywords

Underwriting ExperienceRisk AssessmentPolicy Administration LifecycleClient Relationship ManagementAdvanced Communication Skills

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

UnderwritingRisk Exposure AnalysisPolicy Wordings DevelopmentData AnalysisNatural Catastrophe AccumulationPricing StrategiesContract CertaintyFAC ReinsuranceInsurance Programs UnderwritingMarket Analysis

Soft Skills

Influencing SkillsCoachingNegotiationTeam LeadershipPresentation Skills

Tools & Technologies

PowerPointExcelWordGlobal Pricing ToolsArtificial IntelligenceMachine Learning

Certifications & Qualifications

Bachelor's Degree in EconomicsBachelor's Degree in FinanceBachelor's Degree in Insurance ManagementBachelor's Degree in Business Administration

Industry Keywords

InsuranceRegulatory FrameworksGlobal Matrix OrganizationMarket ManagementClient ProducersRisk Managers

About the role

Key responsibilities & impact

Underwrite new and renewal business to meet regional Line of Business targets, including global elements
Take ownership of large accounts and client relationships
Drive pricing strategies, terms and conditions negotiations, and capacity management
Evaluate Natural Catastrophe Accumulation and interpret catastrophe modeling scenarios
Underwrite International Insurance Programs
Underwrite in line with governance frameworks, authorities, guidelines, rules, and principles
Ensure contract certainty at policy inception
Utilize global pricing tools
Arrange FAC Reinsurance before policy inception
Ensure accurate policy documentation is issued
Establish and maintain electronic or paper files for each risk and transaction
Support policy administration and credit control processes
Contribute to regional Underwriting strategy
Train, develop, and coach less experienced staff and Underwriters
Manage complex referrals and re-underwrite complex business
Delegate work as appropriate
Support acquisition and retention of business through client and producer negotiations
Liaise with MMC on market management initiatives
Represent Allianz Commercial externally to the market
Involve functional areas such as MMC, ARC, Claims, and Operations in underwriting
Develop and maintain relationships with producers, clients, risk managers, and other stakeholders

Requirements

What you’ll need

Minimum 5–7 years of significant experience underwriting profitable business in the relevant Line of Business
Specialized expert understanding of sub-Line of Business products and portfolios
Recognized broker relationships at peer-group level and established market presence
Specialized understanding of regional/local insurance markets and competitor landscapes, including global elements
Good understanding of legal and regulatory frameworks
Experience working in a complex, global matrix organization
Advanced ability to assess risk exposures and natural hazards relevant to the Line of Business
Ability to analyze performance against benchmarks and apply market, business, and customer knowledge
Advanced ability to design, develop, and implement robust policy wordings
Advanced understanding of the policy administration lifecycle, including information collection, policy issuance, premium bookings, credit control, and cancellation
Advanced ability to analyze highly complex data from multiple sources and proactively resolve issues
Advanced written and verbal communication and presentation skills
Proficiency in PowerPoint, Excel, and Word
Experience applying artificial intelligence and machine learning to improve business processes and decision-making is highly beneficial
Advanced influencing skills
Bachelor's Degree, preferably in Economics, Finance, Insurance Management, or Business Administration
Applicants must be legally authorized to work in the United States without current or future employment-based sponsorship

Benefits

Comp & perks

Annual performance-based cash incentive awards
Generous bonus scheme
Pension
Career development and digital learning programs
International career mobility
Lifelong learning opportunities
Flexible working arrangements
Private healthcare
Health and wellbeing support
Generous parental leave benefits
Support for returning from career breaks
Inclusive workplace
Disability adjustments during the application and selection process