We are looking for an Associate Graduate Underwriter to work with our Property Team. This is a 12 month Program for recent University Graduates and will start in July 2026.
This will be a hybrid role based in New York, NY.
Your Team
Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our Allianz Commercial Property network.
Our experience speaks for itself, insuring the majority of Allianz Commercial Property Fortune 500 companies, managing over 1000 Allianz Commercial property insurance programs, and fielding an underwriting team averaging over 20 years' experience, backed up a worldwide team of risk consultants and claims specialists.
When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!
The Impact You Will Have
As an Associate Graduate Underwriter at Allianz, you'll play a vital role in our underwriting process, contributing to both our top and bottom line targets. You'll help maintain strong relationships with brokers and clients while ensuring compliance with our underwriting standards. Your work will directly support our business growth through new client acquisition and existing client retention.
Some of Your Specific Responsibilities Could Include:
Underwriting new and renewal accounts within your predefined authority.
Participating in the acquisition of new business and retention of existing clients.
Preparing relevant underwriting information through client/market research and claims data.
Assisting in risk pricing using global tools and evaluating Natural Catastrophe Accumulation
Ensuring underwriting compliance with governance frameworks and achieving contract certainty
Establishing and maintaining accurate policy files and documentation
Supporting administration of International Insurance Programs
Managing policy premium bookings and working with other functions to resolve account queries
Representing Allianz positively in the market and developing relationships with key stakeholders
Collaborating with internal functional areas in the underwriting process
What You'll Bring to the Role:
Bachelor's degree preferably in Economics, Law, or other appropriate discipline
Some related experience and basic understanding of insurance products and portfolio is preferred
Progress towards professional insurance qualification (e.g., CII)
Basic understanding of regional/local insurance markets and competitor landscape
Strong communication and influencing skills
Analytical ability to process information and draw appropriate conclusions
Experience building relationships with brokers at peer group level
Fluency in local language
Ability to work effectively in a complex, global matrix organization
Customer focus and results orientation
Entrepreneurial mindset and strategic thinking
Join our team and develop your underwriting expertise while contributing to Allianz's continued success in the insurance market.
A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.
84025 | Underwriting | Entry Level | Non-Executive | Allianz Commercial | Full-Time | Permanent
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.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
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.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. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
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