Property Underwriter
Minato, JAPAN Vendite
Descrizione dell'offerta
We are looking for a Property Underwriter, based in Tokyo, Japan.
Your Team
Our team is committed to delivering exceptional Property Underwriting services in Japan, ensuring comprehensive risk assessment and tailored solutions for our clients. We leverage our deep understanding of the local market and regulatory environment to provide accurate and timely insights. Collaborating closely with our clients, we strive to support their business objectives while maintaining the highest standards of integrity and professionalism.
The Impact You Will Have
You will report to the Head of Property, Hong Kong, Greater China & Japan and the Senior Underwriter, General Manager, Property Department, Japan.
Some of your specific responsibilities could include:
Underwrite Profitable Business
- Underwrite new and renewal accounts to meet top and bottom line targets
- Negotiate participation, pricing and terms and conditions with brokers
- Proactively manage capacity
- Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs)
Underwriting Approach and Compliance
- Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
- Ensure contract certainty is achieved on all accounts at time of inception
- Ensure utilization of global pricing tools
- Ensure placing and binding of FAC Reinsurance prior to policy inception
Policy Documentation and Administration
- Ensure accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility)
- File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
- Proactively support completion of policy administration and credit control processes
Market Management
- Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
- Proactively liaise with MMC on market management initiatives
Relationship Management
- Positively represent Allianz Commercial externally to the market
- Proactively drive involvement of functional areas in Underwriting process, including
- Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders
What You’ll Bring to the Role
Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to LoB
Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings
Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
Demonstrable, established relationships with brokers at peer group level
Good understanding of regional / local LoB insurance markets and competitor landscape
Understanding of legal and regulatory framework
Experience working in complex, global matrix organization
The ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making is valuable.
Proficianecy in Japanese: Business level
Proficianecy in English: Business level
76047 | Underwriting | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent