Graduate Program – Underwriting
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Job Description
About Allianz Commercial (AzC):
Allianz Commercial is the global center of expertise within the Allianz Group, specializing in insuring mid-sized businesses, large enterprises, and specialist risks. Their client portfolio includes major consumer brands, financial institutions, industry leaders, players in the global aviation and shipping industries, family-owned businesses, and medium-sized enterprises. They also handle unique risk profiles such as offshore wind farms, infrastructure projects, and film productions. AzC offers a range of traditional and alternative risk transfer solutions, risk consulting, multinational services, and claims handling. They are ranked as the world’s #1 insurance brand by Interbrand, leveraging this strength and their global network to help clients prepare for future challenges.
Job Description: Graduate Program – Underwriting (Entry Level):
Allianz Commercial is seeking recent university graduates for a 12-month Graduate Program starting in early August 2025 (employment begins mid-July 2025). This program aims to develop the next generation of insurance professionals.
Program Highlights:
• Structured Learning & On-the-Job Experience: The program blends structured curriculum with hands-on experience, providing a broad base of industry knowledge and functional expertise.
• Skill Development: Participants will develop both technical and professional skills, including problem-solving, analysis, and presentation skills.
• Project Work: The role involves a mix of independent and team-based tasks, contributing directly to the function’s success.
• Networking: Opportunities to network with senior leaders, technical experts, clients, and other program participants globally.
• Hybrid Work Environment: A balance of in-office and remote work allows for collaboration and learning.
• Professional Development Resources: Access to extensive resources post-program completion.
• Travel: 3-4 week-long workshops at various Allianz offices.
Responsibilities: The associate will perform a combination of regular and project-based tasks, contributing to team and departmental success. This will involve both independent and collaborative work.
Qualifications:
• Recently completed university degree (minimum GPA of 3.0 preferred).
• Degree focus, mindset, and/or aptitude for insurance (prior internship or related experience preferred but not required).
• Strong interpersonal, problem-solving, and analytical skills.
• Excellent communication and presentation skills.
• Proficiency in MS Office Suite (Excel, Word, PowerPoint).
• Eligibility to work in the US or Canada.
Compensation: The starting salary is $80,000 per year, with the potential for higher pay based on factors such as experience and location. A comprehensive benefits package is included, featuring a generous bonus scheme and 401K. The company emphasizes a commitment to employee growth and offers various development opportunities.
