Senior Underwriter, Energy & Construction
At AGCS we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex risks in the market.~crlf~ ~crlf~Based in Milan and as part of the Energy & Construction team, you will work closely with clients and brokers to craft bespoke solutions and develop new relationships within the Engineering and Construction segment with a particular focus on oil and gas construction although experience of operational power business would also be advantageous.
In this role you will….~crlf~##Underwrite new and renewal business to meet profitability targets~crlf~##Underwrite in line with the Energy & Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules~crlf~##Ensure contract certainty is achieved on all accounts at time of inception~crlf~##Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims and Operations~crlf~##Manage referrals and undertake 4-eye reviews with underwriters ~crlf~##Contribute to the development and execution of regional underwriting strategy ~crlf~##Create and maintain positive relationships with key producers and clients and other relevant stakeholders ~crlf~##Ensure accurate policy documentation is issued to producers ~crlf~##Provide training and support to junior members of the Energy & Construction team~crlf~
##Preferably, you have a degree either in Engineering/Construction, economics, law or other appropriate discipline~crlf~##You have at least 5 years’ experience underwriting profitable business in the Engineering & Construction segment of large corporate international insurance ~crlf~##You have recognised relationships with clients and brokers at peer group level and are well established within the market~crlf~##You have a specialised understanding of regional / local Engineering & Construction insurance markets and competitor landscape~crlf~##Capable of leveraging data and analytics to make business more efficient and effective~crlf~##You have a good understanding of the legal and regulatory environment~crlf~##You can design, develop and implement consistent, robust wordings for contracts.~crlf~
AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.
Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 85 million private and corporate customers and more than 142,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.
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.~crlf~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.~crlf~For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.~crlf~~crlf~
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