Property Underwriter

Property Underwriter

Let’s care for tomorrow.

Your ambitions . Your dreams . Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for an Underwriter Property (m / f / d), based in Madrid, Barcelona or Bilbao.

Your Team

At Allianz, we are proud to have a strong legacy in providing Property and Business Interruption (PDBI) insurance solutions across a wide range of industries , from upper mid-market companies to global corporates. Our team in Spain brings deep expertise and hands-on experience, having led some of the largest and most complex PDBI risks in the market. We specialize in structuring international insurance programs and thrive on delivering tailored, high-impact solutions to our clients. Join a passionate and collaborative team that plays a key role in protecting businesses and driving innovation in the insurance space .

The Impact You Will Have

As a member of the Property UW Community of the Iberia region, you will report to the Regional Property UW Manager and you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships.

You will be responsible for work alongside a Senior Team to underwrite profitable new and renewal business. Your responsibilities also include supporting for negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business

Some of your specific responsibilities could include :

Carrying out risk analysis at a technical level : nature of the risk, quality of the risk, materiality, vulnerability of the risk.

Minimum 5 years on insurance market.

Understand exposure, insurance cover and pricing strategy.

Drawing up an insurance program tailored to the customer's needs .

Underwriting within the framework of the Group's processes and the Branch managed by the Property Regional Manager and CUOP.

Develop your portfolio with new prospects, saturation with new products. Ensuring the profitability and sustainability of the portfolio.

Develop and execute the Property Line of Business ( LoB ) local strategy and proactively support the development of the global LoB strategy;

Develop and maintain strong relationships with brokers and clients;

Ownership of large accounts / clients and ultimate responsibility for accounts.

What You’ll Bring to the Role

Developing commercial relations with brokers and customers in collaboration with the Distribution team.

Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary);

Coordinate with local Distribution to drive successful execution of strategic plan;

Communicate local Line Of Business strategy externally in Spain together with Market Contacts and Distribution;

Positively represent A llianz Commercial internally within the Allianz Group, and externally to the market;

Proactively drive involvement of functional areas in Underwriting process, including e.g. Distribution, ARC, Claims, Operations

You should be able to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.

Fluent English and Spanish.

77240 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progres s

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks.Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here .

Learn more about Allianz Commercial by clicking here .

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other characteristics protected under applicable local laws and regulations. Diversity of thinking is an important part of our culture.

People with disabilities :

We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies :

Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could / may result in the disqualification of the candidates and / or the termination of our contract and / or fees not being paid.

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