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Property Underwriter

Property Underwriter

AllianzShinagawa City, Japan
18 days ago
Job description

Property UnderwriterWe are looking for a Property Underwriter, based in Tokyo, Japan.

Your Team

Our team ismitted to delivering exceptional Property Underwriting services in Japan, ensuringprehensive risk assessment and tailored solutions for our clients. We leverage our deep understanding of the local market and regulatory environment to provide accurate and timely insights. Collaborating closely with our clients, we strive to support their business objectives while maintaining the highest standards of integrity and professionalism.

The Impact You Will Have

You will report to the Head of Property, Hong Kong, Greater China & Japan and the Senior Underwriter, General Manager, Property Department, Japan.

Some of your specific responsibilities could include :

  • Underwrite Profitable Business
  • Underwrite new and renewal accounts to meet top and bottom line targets
  • 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)
  • Underwriting Approach andpliance
  • Underwrite in line with LoBernance framework - Underwriting Authorities, Underwriting Guidelines, Rules and Principles
  • Ensure contract certainty is achieved on all accounts at time of inception
  • Ensure utilization of global pricing tools
  • Ensure placing and binding of FAC Reinsurance prior to policy inception
  • Policy Documentation and Administration
  • 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 supportpletion of policy administration and credit control processes
  • Market Management
  • 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
  • Relationship Management
  • Positively represent Allianzmercial externally to the market
  • Proactively drive involvement of functional areas in Underwriting process, including
  • Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders

What You'll Bring to the Role

  • Risk Assessment and Management : Ability to assess risk inherent exposures and natural hazards relevant to LoB
  • Pricing and Market Management : Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
  • Contract Drafting and Interpretation : Design, develop and implement consistent, robust wordings
  • Policy Management : Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
  • Demonstrable, established relationships with brokers at peer group level
  • Good understanding of regional / local LoB insurance markets andpetitor landscape
  • Understanding of legal and regulatory framework
  • Experience working inplex, global matrix organization
  • The ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making is valuable.
  • Proficianecy in Japanese : Business level
  • Proficianecy in English : Business level
  • 76047 | Underwriting | Professional | Allianzmercial | Full-Time | Permanent

    What's in it for you?

    Let's care about everything that makes you, you

    We aremitted to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

    Let's care for your financial wellbeing

    We believe in rewarding performance with a greatpensation and benefits package (details vary by location), including a generous bonus scheme and pension.

    Let's care for your opportunities to progress

    From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

    Let's care for life's twists and turns

    From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

    Let's care for our society and our planet

    With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

    Care to join us?

    Allianzmercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and also cover unique risks such as offshore wind farms, infrastructure projects and film clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianzmercial helps customers to prepare for what's ahead.

    Learn more about careers at Allianzmercial by clicking here.

    Learn more about Allianzmercial by clicking here.

    Allianz is an equal opportunity employer, and therefore wees applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

    People with disabilities :

    We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz

    Recruitment Agencies :

    Allianzmercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianzmercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.

    LI-LP1

    LI-Hybrid Job ID 76047

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    Property Property • Shinagawa City, Japan