Senior Underwriter - Directors & Officers (D&O)

Position Summary

We are seeking an experienced Senior Underwriter specializing in Directors and Officers (D&O) insurance based in London, reporting directly to the Head of Commercial D&O. This role focuses on crafting tailored insurance solutions in collaboration with clients and brokers, cultivating new business relationships, and underwriting profitable new and renewal policies to achieve regional and global D&O targets.

Key Responsibilities

• Underwrite accounts strictly adhering to the D&O governance framework including underwriting authorities, guidelines, rules, and principles.
• Ensure contract certainty at the inception of all policies.
• Collaborate with various functions such as Market Management, Risk Consulting, Claims, and Operations during the underwriting process.
• Handle referrals from other underwriters and re-underwrite complex cases as necessary.
• Participate in formulating and implementing the regional underwriter strategy for D&O.
• Establish and maintain strong relationships with key clients, brokers, and other stakeholders like risk managers.
• Guarantee issuance of precise policy documentation either directly by the company or by producers as applicable.

Candidate Profile

• Minimum five years' experience as an underwriter, broker, or equivalent role within the D&O insurance sector.
• Possesses or is pursuing a CII qualification or an equivalent certification.
• Proven track record underwriting profitable large corporate international D&O insurance business.
• Well-established network and respected relationships with clients and brokers at the peer group level.
• In-depth knowledge of international and local D&O insurance markets as well as competitor dynamics.
• Ability to utilize data and analytics to optimize business processes and outcomes.
• Strong understanding of the legal and regulatory environment governing insurance contracts.
• Capable of designing, developing, and implementing consistent and robust contractual wordings.
• Basic understanding of artificial intelligence and its potential business applications is required.

Additional Information

Allianz Commercial values an inclusive and supportive work environment with a hybrid work model encouraging both on-site collaboration and remote work flexibility. The company offers competitive compensation packages including attractive bonus schemes and pension plans. Employees benefit from extensive career development and digital learning programs, international career mobility, and a culture that fosters innovation and empowerment. Comprehensive health and wellbeing support, including private healthcare and generous parental leave, are also available. Allianz Commercial is committed to diversity, equality, and inclusion in its hiring practices and workplace culture.

Recruitment is handled exclusively by Allianz Commercial's internal team. The company does not accept unsolicited agency resumes and emphasizes direct candidate sourcing.