Job Description

About the Role

Our Benelux Steering department is looking for a Technical Underwriter specializing in Property to strengthen the analytical backbone of our MidCorp portfolio. This is a deeply technical role focused on risk assessment, portfolio performance analysis, and underwriting excellence — not a commercial or broker-facing position.

You will be the go-to expert for property risk evaluation, pricing adequacy, and data-driven portfolio steering across our Low, Mid, and Upper MidCorp segments (including coinsurance). If you thrive on diving into loss data, challenging assumptions, and translating technical insights into underwriting action — this is your role.

What You'll Do

• Portfolio Analysis & Steering — Monitor and control portfolio performance against financial targets (loss ratio, combined ratio, forward-looking KPIs). Identify trends, flag deterioration early, and recommend corrective actions.
• Technical Risk Assessment — Evaluate complex and exceptional property risks that fall outside standard underwriting authority. Assess exposures, accumulations, and facultative reinsurance needs.
• Underwriting Strategy & Guidelines — Develop and refine underwriting guidelines for the Property line of business. Translate market developments (e.g., inflation, climate risk, construction trends) into actionable underwriting parameters.
• Pricing & Product Development — Drive technical pricing adequacy across the property portfolio. Collaborate with actuarial and product teams to ensure rates reflect current risk reality.
• Underwriting File Reviews — Conduct structured file reviews to ensure underwriting quality, compliance with Allianz Rules for Technical Management (P&C), and adherence to risk appetite.
• Data & Reporting — Build and maintain dashboards and analyses that give leadership clear visibility into portfolio health and underwriting discipline.

What We Offer

• A full-time role based in Brussels within an international environment
• A technically deep position at Allianz, a global leader in insurance
• Access to the Allianz P&C Academy and continuous technical development programs
• A collaborative team of steering managers across Engineering, Liability, Marine, and Workers' Accidents
• Competitive salary package with benefits (company-car)

What We're Looking For

• Education Master's degree in economics, business, actuarial science, or a related field
• Experience Proven track record in property underwriting, technical portfolio analysis, or risk engineering — ideally within commercial/MidCorp segments
• Technical Skills Strong analytical capabilities; comfortable working with data, Excel, dashboards, and ideally AI-supported tools
• Mindset You challenge the numbers, question assumptions, and drive technical rigour. You're not looking for a sales role — you want to go deep on risk.
• Languages Fluent in English. Dutch and/or French is a plus.
• Compliance Awareness Familiarity with group underwriting standards (ASU or equivalent frameworks) is an advantage.

Why This Role Stands Out

This isn't a generalist portfolio manager position. It's a specialist technical underwriting role where your analytical depth directly shapes how we price, select, and manage property risk across Benelux. You'll work at the intersection of data, risk, and strategy — without the noise of commercial negotiations.

Interested? Apply now and join us. #LetsCareForTomorrow

Allianz is an equal opportunity employer and welcomes applications regardless of ethnicity, cultural background, age, gender, nationality, religion, disability, or sexual orientation.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer.

We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.