Underwriter Senior - Business Development | Remote
Underwriting ProfessionalAZRA is a specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia), and is a qualified, accredited, or approved reinsurer in fifteen states. AZRA is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities.AZRA has approximately 150 employees located nationwide with the majority working on a remote basis.Analysis & Opinion DevelopmentComplete analysis of loss portfolio transfers and reinsurance treaty submissions and provide technical opinionEvaluate market trends and technical aspects for P&C business with specific focus on prospective reinsurancePerform commutation evaluation for both ceded and assumed reinsuranceConduct transaction pricing and structuring including cross functional input e.g. claims, actuarialSupport maintenance of internal actuarial and underwriting toolsDue DiligenceProvide due diligence and underwriting support for other entities within Allianz SEConduct due diligence and file reviews at counter-party locationsIndustry & Partner CoordinationAttend meetings with brokers and clients to discuss reinsurance submissionsDrive alignment of Capital and Accounting treatment with financeCoordinate technical analysis within global underwriting functionAttend industry conferences and meetingsUtilization of artificial intelligence tools and resources (e.g. generative AI).What You Bring11+ years of experience required; insurance/reinsurance related companies, particularly in an underwriting, finance or transactions related roleFour-year degree required; Actuarial Sciences, Mathematics, Finance, Economics, Engineering or equivalent relevant work experience.FCAS accreditation preferredYou must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.Job posting range $169,200.00 - $253,800.00 Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 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 matter, 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.