Financial Lines Underwriter

Let’s care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Financial Lines Underwriter, based in Tokyo, Japan.

Your Team

Our team is committed to delivering exceptional Financial Lines Underwriting services in Japan, ensuring comprehensive 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 Regional Head of Financial Lines & Cyber, Asia and Director, Division Manager, Underwriting, Japan, General Manager, Financial Lines Department.

Some of your specific responsibilities could include:

Underwriting

- Underwrite new and renewal accounts to meet top and bottom line targets within established authority limits, including acquiring new business and retaining existing business through client and broker negotiations as needed.
- Prepare and analyze relevant underwriting information, such as client and market research and claims data.
- Support risk pricing using global tools as appropriate, ensuring alignment with the underwriting strategy.

Underwriting Approach and Compliance

- Ensure underwriting compliance with the LoB governance framework, including adherence to underwriting authorities, underwriting guidelines, rules, and principles.
- Assist in achieving contract certainty for all accounts at inception. Support the binding of facultative reinsurance before policy inception.

Policy Documentation and Administration

- Establish and maintain a policy file for each managed risk and transaction, whether electronic or paper-based.
- Ensure accurate policy documentation is issued to the broker when it's Allianz Commercial's responsibility, or verify issuance by the broker when it's their responsibility.
- Support the administration of International Insurance Programs for relevant LoBs.

Accounts Reconciliations

- Oversee the timely and accurate booking of policy premiums, along with managing credit control and collection processes.
- Collaborate proactively with other functions, such as operations and credit control, to resolve outstanding account queries.

Market and Relationship Management

- Represent Allianz Commercial positively in the market and develop strong relationships with key brokers, clients, and stakeholders, including risk managers.
- Encourage the involvement of functional areas like Distribution Management, Claims, Operations, and Risk Consulting in the underwriting process.
- Cultivate relationships with internal functional areas and maintain peer-level relationships with brokers.

What You’ll Bring to the Role

Demonstrate expertise in underwriting with a focus on risk assessment and management.

Apply evaluation and measurement skills within sales and distribution contexts.

Manage policy and handle underwriting processes efficiently.

Exhibit strong communication and presentation skills.

Communicate effectively in Japanese.

Possess proficiency in English language communication.

Utilize influencing skills to persuade and motivate others to take action.

Employ analytical skills to assess and interpret complex data.

Proficiency in AI skills:

- The ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making is valuable.

What’s in it for you?

Let’s care about everything that makes you, you

We are committed 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 great compensation 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?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks.Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our 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.Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes 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.com

Recruitment Agencies: 
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial 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.

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