Duo Underwriter

Allianz

  • Baltimore, MD
  • $85,000-120,000 per year
  • Permanent
  • Full-time
  • 1 month ago
Reporting Line: Program Underwriting DirectorWith responsibility for growing and retaining a profitable portfolio of “DUO” non-can policies, Duo Underwriting uniquely includes elements of Credit and Commercial Underwriting for New Business, Renewals and Relationship Management.Based on the needs of the team, and as agreed with the Manager, the Duo Underwriter would have responsibility both for new business and client relationship management, or for one of these two roles.Key Responsibilities and DutiesCredit underwriting & credit management expertise
  • Assess and validate a client’s credit management procedures
  • Underwrite non-cancellable buyer credit limit requests for our clients and prospects, within individual authority levels and respecting target response times
  • In addition to client relationship and renewal responsibilities, for a select group of clients also act as a strategic advisor for any credit or industry topics
  • Contribute to the overall profitability of our portfolio
Commercial underwriting & relationship management
  • Build close relationships with our distribution channels, working together with them to identify Duo opportunities
  • Utilizing experience and underwriting guidelines, support the underwriting and negotiation of new business and/or renewals, according to our retention and profitability objectives
  • Provide excellent service to internal and external customers, managing a portfolio of renewal policies
  • Drive revenue, retention and growth goals
Required Qualifications and Skills
  • Bachelor’s degree in economics, finance or related discipline
  • 2-4 years relevant working experience, for example in credit insurance, finance or credit management
  • Good business and commercial awareness and experience of credit or financial assessment.
  • Excellent interpersonal and relationship management skills
  • Strong analytical and research skills.
  • Ability to build close relationships with customers and distribution partners
  • Influencing and negotiating skills
Total Compensation range:$85,000-$120,000Placement within the range provided above is based on the individual’s relevant experience, skills for the role, and location. Salary ranges are only one component of our total compensation package.Benefits:We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.Featured employee benefits to enrich your life:· Competitive compensation· Annual bonus eligibility and/or commission structure opportunities· 401(k) discretionary match of up to 6%· Flexible work schedules· Health and wellness benefits· Paid time off for vacation, illness, Birthday Day Off and Volunteer Day Off· Tuition Reimbursement· Family care resources, including fertility and adoption benefitsLearn more about our benefits here:Allianz Group 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.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.

Allianz