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Junior Underwriter, Energy & Construction, Offshore Renewable Energy

Job Level:  Professional

London, GB, EC3V 0HR

Due Date:  As soon as possible
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  703

Based in London as part of the Energy and Construction team, you will work closely with clients and brokers to develop personalised solutions, as well as developing new relationships. You will be responsible for underwriting profitable new and renewal business to meet Offshore Renewable Energy targets regionally, including global elements. Your responsibilities will also include negotiating participation, pricing and terms & conditions, supporting the acquisition of new business and retaining existing business.



In this role you will.....

  • Support the team of underwriters in their tasks to underwrite and evaluate Offshore Renewable Energy exposures (both operational and construction), contributing to the profitable growth of the book
  • Help identify and deliver on cross-sell opportunities within Energy & Construction, with broader AGCS business lines and Allianz group companies
  • Interact with efficiency with all teams involved in the wider Underwriting process, including Market Management, Risk Consulting, Claims, and Operations etc.
  • Maintain and develop broker relationships and offer support for client meetings to market our offering and value proposition
  • Work closely with all team members in Energy & Construction, providing assistance, reports, data analytics and technical support as needed


To be successful in the role you will:

  • Have a first solid experience at AGCS, handling ... 
  • Ideally you are CII qualified or equivalent or working towards it
  • Be at ease creating and maintaining relationships both inside the company and with external contacts
  • Have a pro-active and positive attitude to team work, able to assist others and also take on your own responsibilities
  • Have a sound understanding of the Insurance policy cycle and some knowledge ofthe regional / national Offshore Renewable Energy insurance market
  • Be capable of leveraging data and analytics to make business more efficient and effective
  • Have a good understanding of the legal and regulatory framework
  • Be keen to develop your technical Underwriting skills



Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.


Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.


Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.


For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.