Allianz Life Insurance

Risk Underwriting, Industry Manager

Allianz Life Insurance$150K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in economics, finance, or related discipline; advanced degree preferred (MBA or MS Finance)
  • 10+ years of experience in financial management, with a preference for banking or credit insurance environments
  • Excellent computer skills, particularly in financial software and spreadsheet applications
  • Strong analytical and research abilities
  • Demonstrated capability to build long-term customer relationships under challenging conditions
  • Robust planning, organizational, and workflow prioritization skills
  • Exceptional communicator, able to engage with high-profile stakeholders

Responsibilities

  • Engage with the Commercial department to enhance business development and align with regional underwriting strategies
  • Manage a portfolio of high-value clients, focusing on retention and relationship building
  • Make timely credit limit decisions based on comprehensive buyer assessments and market knowledge
  • Monitor risk portfolios and obtain necessary information to maintain quality standards
  • Assist the Commercial team in managing customer loss ratios and implementing profitability restoration actions
  • Lead cross-functional projects to enhance the Credit Underwriting department

Benefits

  • Competitive compensation
  • Eligibility for annual bonuses or commission structure
  • 401(k) discretionary match up to 6%
  • Flexible work schedules
  • Comprehensive health and wellness benefits
  • Generous paid time off policy, including unique options like Birthday Day Off
  • Tuition reimbursement
  • Support for family care resources including fertility and adoption benefits
Full Job Description
Job Purpose: Ensures most effective credit limit service in terms of: quality of decision, turnaround time and communication towards customers. Attracts new customers or prospects by quality of service and underwriting decisions. Builds a trustee relationship with customers to improve customer portfolio profitability.

Key Responsibilities and Duties

  • Engage with and build strong relationships with the Commercial department to drive new business development while also following the Regional underwriting strategy; build relationships with other core functions


  • Manage a portfolio of high value clients to drive increased retention and galvanize the customer relationship which may require travel on an as-needed basis


  • Decide credit limit requests consistently within response time delays included in Risk Business model by assessing buyer with all information available and his/her own market knowledge


  • Monitors the risk portfolio by requesting further information to Risk office, according to Information Quality Standards


  • Contributes to support Commercial in steering customers loss ratio and implement necessary actions to ensure or restore profitability of portfolio


  • Actively lead and manage transversal projects to further develop and enhance the Credit Underwriting department


Required Qualifications and Skills

  • Bachelor's degree in economics, finance or Related discipline. Advanced degree, MBA or MS Finance preferred.


  • 10+ years' experience in financial management. Experience in banking, credit insurance brokerage or a credit insurance environment preferred


  • Excellent computer skills, with an understanding of financial software and spreadsheet packages


  • Strong analytical and research skills.


  • Ability to build long term customer relationship, even in a context of restrictive decisions and deteriorated market


  • Strong planning, organizational and workflow prioritization skills.


  • Strong communicator and able to convince others of decision taken; ability to hold visits and contacts including difficult meetings with high profile seniors.


  • Bilingual preferred


  • Looking for candidates that possess a basic awareness of Artificial Intelligence technologies and are enthusiastic about learning and integrating AI into everyday business processes.


  • (Generative) Artificial Intelligence or GenAI or AI


  • Data Analysis


  • (Microsoft) Copilot


  • ChatGPT


Total compensation range:

$150,000 - $180,000

Placement 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 benefits

Learn more about our benefits here:

https://rcmd-connect.com/allianztrade/

#LI-N

Job Purpose: Ensures most effective credit limit service in terms of: quality of decision, turnaround time and communication towards customers. Attracts new customers or prospects by quality of service and underwriting decisions. Builds a trustee relationship with customers to improve customer portfolio profitability.

Key Responsibilities and Duties

  • Engage with and build strong relationships with the Commercial department to drive new business development while also following the Regional underwriting strategy; build relationships with other core functions


  • Manage a portfolio of high value clients to drive increased retention and galvanize the customer relationship which may require travel on an as-needed basis


  • Decide credit limit requests consistently within response time delays included in Risk Business model by assessing buyer with all information available and his/her own market knowledge


  • Monitors the risk portfolio by requesting further information to Risk office, according to Information Quality Standards


  • Contributes to support Commercial in steering customers loss ratio and implement necessary actions to ensure or restore profitability of portfolio


  • Actively lead and manage transversal projects to further develop and enhance the Credit Underwriting department


Required Qualifications and Skills

  • Bachelor's degree in economics, finance or Related discipline. Advanced degree, MBA or MS Finance preferred.


  • 10+ years' experience in financial management. Experience in banking, credit insurance brokerage or a credit insurance environment preferred


  • Excellent computer skills, with an understanding of financial software and spreadsheet packages


  • Strong analytical and research skills.


  • Ability to build long term customer relationship, even in a context of restrictive decisions and deteriorated market


  • Strong planning, organizational and workflow prioritization skills.


  • Strong communicator and able to convince others of decision taken; ability to hold visits and contacts including difficult meetings with high profile seniors.


  • Bilingual preferred


  • Looking for candidates that possess a basic awareness of Artificial Intelligence technologies and are enthusiastic about learning and integrating AI into everyday business processes.


  • (Generative) Artificial Intelligence or GenAI or AI


  • Data Analysis


  • (Microsoft) Copilot


  • ChatGPT


Total compensation range:

$150,000 - $180,000

Placement 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 benefits

Learn more about our benefits here:

https://rcmd-connect.com/allianztrade/

#LI-BP1

99770 | Underwriting | Management | Allianz Executive | Allianz Trade | Full-Time | Permanent

About Allianz Life Insurance

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals. The company is part of Allianz SE, a global financial services company that is headquartered in Munich, Germany. Allianz Life Insurance Company of North America was founded in 1896 and has been providing financial protection and retirement solutions to Americans for over 125 years. The company has a strong commitment to corporate responsibility and sustainability, and has been recognized for its efforts in these areas. Allianz Life Insurance Company of North America is a subsidiary of Allianz Life Insurance Company of New York, which is a wholly owned subsidiary of Allianz SE.
Learn more about Allianz Life Insurance
Size
142,460 employees
Industry
Founded
1890
NASDAQ

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