We are looking for a Senior Underwriter Property, based in Copenhagen.

Your Team

Allianz Commercial specialises in providing comprehensive and customised insurance services and solutions for clients across the whole Property industry and as industrial specialists have a long-standing tradition of supporting our clients in respect of their Property risks placed in the Nordic market (Sweden, Denmark, Finland and Norway) and elsewhere in the world on both a lead and follow basis.

Allianz Commercial’s highly experienced underwriters have a proven track record of finding flexible solutions to the challenges brokers and their clients face. We have expert global Property insurance teams who are backed up by Allianz Commercial’s market leading capacity and our ability to underwrite risks in over 200 countries and territories. Our underwriters are also able to deploy significant capacity on a global scale.

The Impact You Will Have

Reporting to the Regional Head of Property, you will underwrite profitable new and renewal business to meet the Property Line of Business (LoB) targets in the Nordic Region, in accordance with underwriting guidelines and underwriting authority. You will negotiate terms and conditions and take ownership of your own key accounts/clients as well as develop and maintain strong relationships with our broking and client partners in coordination with our distribution/client relationship team.

Some of your specific responsibilities could include:

Underwrite new and renewal accounts to meet top and bottom line targets

Negotiate participation, pricing and terms and conditions with brokers

Proactively manage exposure and capacity

Underwrite and evaluate capacity aggregations including Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios

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

Proactively liaise with Market Management & Distribution (MMC) on market management initiatives

Positively represent Allianz Commercial externally to the market

Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

Training, developing and coaching of less experienced staff (including Junior Underwriters, Operations and Credit Control)

What You’ll Bring to the Role

Preferably a degree in Economics, Law, Risk Management, Engineering or other appropriate discipline.

Significant experience in underwriting profitable business in the Property market in the Nordic Region.

Recognized relationships with brokers at peer group level and well established within market.

Good understanding of regional/local Property insurance markets and competitor landscape, including global elements.

Ability to assess risk inherent exposures and natural hazards relevant to the line of business.

Ability to analyse current performance against benchmarks applying how the market operates and functions, the business needs and customer needs.

Ability to design, develop and implement consistent, robust wordings.

Excellent understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.

Excellent analytical skills.

Excellent communication skills and ability to create relationships and communicate clearly at all levels and with a wide range of people.

Ability to influence and motivate others to act, without executive authority.

Ability to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.

Fluency in English is required; fluency in Danish is a strong advantage.

Ideally ACII qualified or equivalent.

1 Job for Natural Catastrophe Modeling in Denmark

Senior Underwriter Property