Employment Agencies

Cyprus

RED HR Solutions

Insurers or insurance officers

Μathematicians/Statisticians

Lawyers

The ClientOur client, Allianz Cyprus, is looking to recruit a Financial Lines and Liability Underwriter&nbsp;for its offices in Nicosia, Cyprus.Allianz has been active in the Cypriot market offering insurance services, for more than 25 years. The Company's products and services cover a wide range of insurance needs for both commercial and retail customers, as well as products in the corporate and specialty spectrum.&nbsp;The PositionThe Financial Lines and Liability Underwriter&nbsp;will be responsible for managing and executing&nbsp; underwriting activities for Financial Lines and Liabilities &nbsp;in an efficient and effective manner applying Allianz Group Underwriting rules within underwriting limits including: risk submission; completeness of data; analysis and assessment of the risk; coverage structure and design in collaboration with respective departments; rating and pricing using Allianz Group pricing tools; negotiation and binding.The role supports the development of key customer relationships, contributes towards delivery of Key Performance Indicators (KPIs) through the monitoring of account performance, control of underwriting standards, business development activity and ensures that business written is done so in a technically excellent manner, adhering to underwriting authority and standards. Furthermore, is responsible for contributing to the review and to the setup of the reinsurance program for the lines responsible.The role reports to Cyprus Branch Manager and will be a member of the local team working closely with other team members in supporting each other in all functions of the branch. Duties and Responsibilities<ul><li>Responsible for underwriting performance for D&amp;O Liability (including Crime, EPL and PTL) Professional Indemnity, Cyber Liability, Employers' Liability, Public/Products Liability accounts</li><li>Assumes responsibility for individual line of business, which includes delivering KPIs with Underwriting rigor and control whilst supporting control functions (i.e. Compliance and Governance, etc) across the underwriting discipline</li><li>Monitors the performance of accounts and lines of business within the business unit, identifying under and over performance, implementing remedial and opportunity actions as appropriate</li><li>Delivers KPI targets across complex cases/portfolios worked upon to deliver the high level line of business strategies and understands Account Management principles and the impact of individual cases on the account</li><li>Adheres to Underwriting Authority and understands the impact case decisions have on Profit and Loss and the achievement of plan and is able to articulate the impact clearly and concisely</li><li>Builds business relationships both internally and externally to drive technical excellent and generate business opportunities and represents the Underwriting area at appropriate internal and external global forums</li><li>Provides support to stakeholders on broker business development activities</li><li>Undertakes and reports on Underwriting Inspections (where required), account control and quality review programs</li><li>Liaises with all other appropriate internal parties including Sales and Distribution, Pricing, Claims and Operations</li><li>Prepares and issues insurance contracts, endorsements and renewals of contracts.</li><li>Keeps detailed and accurate records of policies underwritten and decisions made</li><li>Provides customer service to commercial customers</li></ul> Skills / Qualifications / Experience<ul><li>Degree in Insurance, Law, Statistics or other relevant field</li><li>Master’s degree and/or any insurance relevant professional qualifications are considered an asset</li><li>Excellent command of Greek and English language (spoken &amp; written)</li><li>Proficient in MS Office, especially Excel</li><li>Minimum 2 - 5 years of relevant experience</li><li>Analytical skills and attention to detail</li><li>Strong negotiation skills and problem solving capability</li><li>Ability to work under pressure and meet strict deadlines</li><li>Excellent Interpersonal and Communication Skills</li></ul>&nbsp;LocationThe position is for the offices of Allianz Cyprus in Nicosia.&nbsp;RemunerationAn attractive remuneration package will be offered to the successful candidate, according to experience and qualifications.&nbsp;FOR MORE INFORMATION, CLICK <a target="_blank" rel="noopener noreferrer" href="https://app.ismartrecruit.com/jobDescription?x=E7pcmVkaHJzb2x1dGlvbnMubmV0Xzc5Ml9QUk9NT1RFVVJMX2VuQ9e">HERE</a>

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