Allianz Life Insurance

Senior Credit Underwriter

Allianz Life Insurance$105K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in economics, finance, or related discipline.
  • Advanced degree, MBA or MS Finance preferred.
  • 4-7 years of financial management experience in banking, credit insurance brokerage, or credit insurance environment.
  • Excellent computer skills, with understanding of financial software and spreadsheets.
  • Strong business and finance assessment skills with deep knowledge in Allianz Trade Underwriting.
  • Basic awareness of AI technologies and interest in integrating AI into business processes.

Responsibilities

  • Decide on credit limit requests efficiently based on available data and market knowledge.
  • Manage a dedicated customer portfolio with a proactive service approach.
  • Support Commercial teams in managing customer loss ratios and portfolio profitability.
  • Lead projects related to Risk Business Model and Internal Risk Processes.
  • Build collaborative relationships with other core functions.

Benefits

  • Competitive compensation
  • Annual bonus eligibility or commission opportunities
  • 401(k) discretionary match 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
Full Job Description
Job Purpose: Ensures most effective credit limit service in terms of quality of decision, turnaround time and communication toward customers. Attracts new customers/prospects by quality of service and underwriting decisions and builds a trustee relationship with customers, to improve customer portfolio profitability

Key Responsibilities:
  • Decide credit limit requests consistently, within response time delays included in Risk Business Model by assessing buyer with all information available in IRP and his/her own market knowledge.
  • Responsible of a dedicated customers portfolio, steering it and providing a pro-active service level, according to PH classification by regularly meeting customers and broker and by organizing telephone conferences.
  • Contributes to support Commercial in steering customers loss ratio and implement necessary actions to ensure or restore profitability of portfolio.
  • Takes responsibility in projects and initiatives supporting RBM and IRP related matters.
  • Builds relationships with other core functions.


Key Requirements:
  • Bachelor's degree in economics, finance or related discipline.
  • Advanced degree, MBA or MS Finance preferred.
  • 4-7 years' experience in financial management experience in banking, credit insurance brokerage or a credit insurance environment.
  • Excellent computer skills, with an understanding of financial software and spreadsheet packages
  • Market knowledge in dedicated business industries.
  • Strong business expertise and business/finance assessment skills.
  • In depth knowledge and experience in Allianz Trade Underwriting; demonstrated commercial awareness
  • 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:

$105,000 - $115,000

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

105334 | Underwriting | Professional | Non-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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