Underwriting Analyst

Job Description

We are Allianz Partners. The leader in assistance and insurance solutions in the areas of international health, assistance, automotive and travel insurance. Allianz Partners is a global family of over 19,000 employees across 78 countries. This role is in the International Health part of the business, which has a number of well-known customer facing brands such as Allianz Care, Nextcare and Medi24.<p><br></p>The International Health line of business provides international health, life and disability insurance and services, reinsurance and administration services to a wide range of customers. These include multinational companies, intergovernmental organisations (IGOs), non-governmental organisations (NGOs), private individuals, families and students. Our mission is to ensure that customers have access to quality healthcare through our support, care and commitment to go the extra mile. We are a truly global health partner for our customers, ensuring fast and simple access to the best advice, treatment and value for our customer.<p><br></p><strong> Summary: </strong><p><br></p>The UW Analyst will provide underwriting advice by evaluating and managing underwriting risks associated with group medical policies and be a reliable technical partner for the assigned clients.<p><br></p><strong> Main Tasks: </strong><p><br><br></p><ul><li> Carries out pricing calculations for proposed Group medical business, re-pricing of existing business, and review relevant documents in a timely manner, having regard to risks accepted and maintaining document quality.</li><li> Recommends pricing that meets corporate profitability targets, including negotiated exceptions up to the level of delegated authority.</li><li> Adjusts value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.</li><li> Keeps detailed and accurate records of policies underwritten and decisions made.</li><li> Provides early warnings and issue recommendations on corrective measures.</li><li> Collaborates with reinsurers, underwriting community of the group, programmers, local underwriters, accounts and claims experts.<br></li></ul><p><br></p><strong>Minimum Requirements:</strong><p><br></p>Bachelor degree<p><br></p>Min 2 years of related experience<p><br></p>Fluency in MS Office (Excel, Word, Outlook, PowerPoint)