Sr Commercial Underwriter, Specialty Credit - New York City

Allianz Trade New York, United States of America
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Sr Commercial Underwriter, Specialty Credit - New York City

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Job Level:  Professional

Location: 

Baltimore, MD, US, 21202

Area of Expertise:  Underwriting

Unit:  Allianz Trade

Employing Entity:  Euler Hermes North America Insurance Com

Job Type:  Full-Time

Remote Job:  Hybrid working

Employment Type:  Permanent

ID:  103024

Position Cluster:  Non-Executive

LOCATION:  New York City

 

JOB PURPOSE/ROLE

 

 

KEY RESPONSIBILITIES

 

  • Originate, negotiate and execute CPRI transactions by liaising with brokers and clients;
  • Select opportunities based on AZT/SC underwriting criteria and manage the commercial underwriting process, in coordination with our credit analyst team;
  • Analyze domestic and international risks by evaluating financial information to recommend appropriate credit limits and terms;
  • Support SC Regional Head in strengthening and developing SC in the US market, including through the introduction of new products and new clients;
  • Drive meaningful growth, long-term quality and profitability for the portfolio;
  • Maintaining and properly servicing an existing portfolio of trade credit insurance business;
  • Represent AZT/SC in all relevant external meetings, conferences and events in the US.

 

 

KEY REQUIREMENTS/SKILLS/EXPERIENCE

 

  • Relevant experience in the Credit and Political Risk Insurance market and/or banking sector (min. 5-8+ years) including:
  • In-depth knowledge of credit insurance structures (single-buyer, portfolios, and medium-term contracts) and banking products (supply chain finance, term loans, revolving credit facilities, and project finance).
  • Ability to negotiate high-profile transactions, including pricing and strong working knowledge of market wordings.
  • An established network with Credit and Political Risk Insurance brokers.
  • Strong organizational / communication skills and efficient work practices.
  • Interpersonal skills and ability to work well within a team and cultivate relationships with brokers & clients.
  • Bachelor's degree in business or finance preferred.

 

 

  • 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:

$180,000 - $200,000

 

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: 

#LI-BP1

103024 | Underwriting | Professional | Non-Executive | Allianz Trade | Full-Time | Permanent

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 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.**

Nearest Major Market: Baltimore

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