Senior Underwriter - Natural Resources

 

Let’s care for tomorrow.   

Your ambitions.  Your dreams.  Your tomorrow  

 

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group.   

 

 

We are looking for a Senior Underwriter to focus on Conventional Power, Renewables (Operational and Construction) and Mining. This role will is hybrid if located near the Alpharetta, Georgia or New York City office. This role will be remote if located in San Francisco, California or Boston, Massachusetts.  

 

Your Team   

Allianz Commercial specializes in providing comprehensive and customized insurance and inspection products, services, and solutions for companies in the energy and construction industries. We have a wealth of technical excellence in managing engineering and energy risks around the world. We are well equipped to meet the most demanding challenges in the energy insurance landscape and are actively addressing climate change across all segments.  

We are focused on expanding our presence in renewable energy and green technologies, as well as contributing to the emerging global hydrogen economy. From mid-sized contractors to single engineering projects, to the most challenging construction projects, we provide comprehensive insurance and inspection solutions during both the construction and operational phases. 

 

The Impact You Will Have   

Reporting to the Underwriting Manager – Natural Resources, this position will underwrite profitable new and renewal business to meet LoB targets in accordance with underwriting guidelines and underwriting authority. Negotiate price and terms and conditions. Own key accounts/clients. Develop and maintain strong relationships with producers and clients in partnership with Global Distribution. 

 

Some of your specific responsibilities could include:   

• Support development and execution of regional Underwriting strategy for LoB(s). Support key business initiatives. Generate new producer relationships. Participate/contribute to key projects.  

• Underwrite new and renewal accounts to meet top and bottom-line targets. Negotiate price and terms and conditions with producers. Proactively manage capacity. Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LoBs). Underwrite International Insurance Programs (for relevant LoBs) 

• Underwrite in line with LoB governance framework - e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. Ensure contract certainty is achieved on all accounts at time of inception. Ensure utilization of global pricing tools. Ensure placing and binding of FAC Reinsurance prior to policy inception.  

• Ensure accurate policy documentation issued to producers (where AzC responsibility to do so) or producers has issued documentation (where producer responsibility). File maintenance – ensure file is established