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Senior underwriter, offshore renewables & upstream energy

London
Allianz Commercial
Underwriter
Posted: 6 September
Offer description

Overview

Senior Underwriter, Offshore Renewables & Upstream Energy – Allianz Commercial, London. Join to apply for the Senior Underwriter, Offshore Renewables & Upstream Energy role at Allianz Commercial.

Senior Talent Acquisition Consultant at Allianz Commercial


Responsibilities

* Underwrite new and renewal accounts to meet top and bottom line targets
* Negotiate participation, pricing and terms and conditions with brokers
* Proactively manage exposure and capacity
* Underwrite and evaluate capacity aggregations including Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios
* Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
* Proactively liaise with Market Management & Distribution (MMC) on market management initiatives
* Positively represent Allianz Commercial externally to the market
* Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
* Training, developing and coaching of less experienced staff (including Junior Underwriters, Operations and Credit Control)


What You’ll Bring To The Role

* Significant experience in underwriting profitable business in the Offshore Energy market
* Recognized relationships with brokers at peer group level and well established within market
* Good understanding of regional/local Offshore Energy insurance markets and competitor landscape, including global elements
* Ability to assess risk inherent exposures and natural hazards relevant to the line of business
* Ability to analyse current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
* Ability to design, develop and implement consistent, robust wordings
* Excellent understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation
* Excellent communication skills and ability to create relationships and communicate clearly at all levels
* Ability to influence and motivate others to act, without executive authority
* Excellent analytical skills
* Ideally ACII qualified or equivalent
* Ability to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals


What’s in it for you

We offer a hybrid working model with flexibility on location and working arrangements. Compensation and benefits package (details vary by location) includes a generous bonus scheme and pension.

From career development and digital learning programs to international career mobility, Allianz Commercial supports lifelong learning and opportunities for progression. We provide health and wellbeing benefits, including private healthcare and parental leave where applicable, and support for flexible working arrangements.

Allianz Commercial is the Allianz Group brand serving consumer brands and major industry players with traditional and alternative risk transfer solutions, risk consulting, Multinational services and claims handling. Allianz is present in over 200 countries and generated substantial gross premium in 2022.

We welcome applications regardless of ethnicity, gender, nationality, religion, disability or sexual orientation, or any other characteristic protected by local laws and regulations.

If you need adjustments during the application process, please email agcsglobalcareers@allianz.com

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