Underwriter, Cyber (m/f/d)

Unterföhring (bei München), DE, 85774


As an international financial services provider, Allianz offers worldwide products and solutions in insurance and asset management.

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Let’s care for tomorrow.
Your ambitions.  Your dreams.  Your tomorrow.


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


We are looking for an Underwriter, Cyber based in Germany.


Your Team 
With years of experience in cyber insurance, Allianz Commercial is at the forefront of protecting businesses from the ever-evolving landscape of cybercrime and digital threats. Our extensive expertise allows us to offer a wide range of cyber insurance products tailored to your specific needs.


At the heart of our cyber insurance services is the Allianz Cyber Centre of Competence. This dedicated centre is an integral part of Allianz Commercial and serves as a hub for coordinating and aligning cyber risk and underwriting across the Allianz Group. This ensures that our corporate and commercial insurance segments benefit from the collective knowledge and insights of our experts.


The Impact You Will Have 
Based in Germany and reporting to the regional Cyber Head for Germany and Switzerland, you will work closely with clients and brokers to develop personalized solutions as well as developing new relationships. You will be responsible for underwriting profitable new and renewal business to meet Cyber targets regionally including global elements. Your responsibilities also include negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business. 


Some of your specific responsibilities could include:

  • Underwrite in line with the Cyber governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles 
  • Ensure contract certainty is achieved on all accounts at time of inception 
  • Train, develop and coach less experienced colleagues 
  • Create and maintain positive relationships with key producers and clients and other relevant stakeholders (e.g. risk managers) 
  • Ensure accurate policy documentation is issued to producers (where it is Allianz Commercial’s responsibility to do so) or producers has issued documentation (where producer responsibility). 


What You’ll Bring to the Role

  • Solid experience as an Underwriter, Broker or relevant equivalent in the Cyber sector 
  • Experience underwriting profitable business in the Cyber segment of large corporate international insurance  
  • Recognized relationships with clients and brokers at peer group level 
  • Specialized understanding of regional / local Cyber insurance markets and competitor landscape 
  • Capable of leveraging data and analytics to make business more efficient and effective 
  • Good understanding of the legal and regulatory framework 
  • Ability to design, develop and implement consistent, robust wordings for contracts. 
  • Fluent German and English language skills


Additional Information:
Allianz Commercial is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.

40854 | 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 progress
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 Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.  

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. 


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 ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company 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.


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* Salary range is an estimate based on our InfoSec / Cybersecurity Salary Index 💰

Tags: Analytics Cyber crime Governance

Perks/benefits: Career development Flex hours Health care Insurance Parental leave Salary bonus

Region: Europe
Country: Germany
Job stats:  5  0  0

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