Allianz Life Insurance

Executive Underwriter - Natural Resources

Allianz Life Insurance$153K — $276K *
US-AnywhereRemote in Illinois City, IL
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in Natural Resources underwriting
  • Strong relationship-building skills with brokers and internal stakeholders
  • Outstanding technical analysis skills for complex data
  • Proficient in Microsoft Office Suite, especially Excel
  • Ability to communicate clearly and persuasively, both written and verbal
  • Solution-oriented mindset with entrepreneurial spirit
  • In-depth understanding of local and regional insurance markets and competitor landscape

Responsibilities

  • Underwrite new and renewal business by negotiating prices and terms with brokers
  • Drive marketing initiatives and build collaborative relationships with brokers
  • Develop creative solutions for client challenges by collaborating with Risk Consultants and Claims teams
  • Participate in key projects that impact business results
  • Mentor team members and act as a referral point for senior underwriters

Benefits

  • Eligibility for annual performance-based cash incentive awards
  • Flexible and tailored insurance solutions for demanding challenges
  • Role based in multiple major cities: New York, Houston, Chicago, Alpharetta, or Miami
  • Exposure to a diverse array of natural resource sectors, including renewables and mining
Full Job Description
Executive Underwriter - Natural Resources

We are looking for an Executive Underwriter for our Natural Resources line of business. This role will be hybrid based in one of our New York, Houston, Chicago, Alpharetta or Miami Allianz Commercial offices.

Your Team

You'll be part of a dedicated insurance team serving the natural resources sector. Allianz Commercial provides flexible and tailored solutions to the most demanding insurance challenges, including the following segments part of the Americas Natural Resources Line of Business scope:
  • Renewables (Solar PV, Wind and BESS, both builders risk as well as Operational PD/BI);
  • Conventional power generation and distribution and other renewables (Operational PD/BI, except Nuclear hot zone and stand-alone coal fired power plants); and
  • Mining (Operational PD/BI, excluding coal).


The Impact You Will Have

Reporting to the Hub Lead Natural Resources Americas, you will join the team as a Natural Resources Executive Underwriter. You'll bring your established relationships with brokers and insureds to successfully underwrite profitable new and renewal business fitting within the unit risk appetite.

Some of your specific responsibilities could include:
  • Underwriting new and renewal business including negotiating price, terms and conditions with our broker partners while proactively managing capacity, risk appetite and profitability.
  • Driving marketing initiatives and building strong, collaborative relationships with our brokers by providing excellent customer service, technical knowledge and support.
  • Developing creative solutions to our client's problems by collaborating with our Risk Consultants, Product Development and Claims.
  • Drive and participate in key projects around the business which impact results.
  • Assist in developing team members and act as referral point for senior underwriters.


What You'll Bring to the Role
  • 7+ years of experience in National Resources underwriting;
  • Ability to build and foster relationships internally across the organization and externally with our broker partners;
  • Outstanding technical skills with ability to analyze complex data/information from multiple sources;
  • Strong Microsoft Office Suite skills, especially with Excel;
  • Ability to express ideas and messages clearly, both written and verbally;
  • Strong thought leadership skills with the ability to persuade and motivate others to act; and
  • Strong solution orientation, with an entrepreneurial spirit.
  • In depth understanding of its products and portfolio. In depth understanding of regional/local LoB insurance markets and competitor landscape. Demonstrable, established relationships with brokers at peer group level and established within local market.
  • Preferably a bachelor's degree in Risk Management, Insurance, Business Administration, Finance or Economics. And completion of a professional insurance qualification.
  • Ability to assess risk inherent exposures and natural hazards relevant to LoB. Manage the underwriting books. Analyze trends and scenario plans from which portfolio strategies can be developed and implemented. Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance.
  • Apply knowledge of how the market operates and functions, the business and customer needs.
  • Ability to analyze highly complex data from multiple sources, in detail; identify and resolve issues before they transpire
  • Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story. Ability to persuade and motivate others to act, without executive authority.
  • Use of general office application tools (i.e. PowerPoint, Excel, Word).
  • The ability to utilize AI tools to support day-today tasks, improve efficiency, and contribute to data-driven decision-making is valuable. A willingness to learn and explore how AI can enhance your role and the broader organization is expected.


Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

The annualized base pay range for this role is $153,246 to $276,845. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by several factors, including the scope, complexity and location of the role, the skills, education, training, credentials, and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

About Allianz Life Insurance

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals. The company is part of Allianz SE, a global financial services company that is headquartered in Munich, Germany. Allianz Life Insurance Company of North America was founded in 1896 and has been providing financial protection and retirement solutions to Americans for over 125 years. The company has a strong commitment to corporate responsibility and sustainability, and has been recognized for its efforts in these areas. Allianz Life Insurance Company of North America is a subsidiary of Allianz Life Insurance Company of New York, which is a wholly owned subsidiary of Allianz SE.
Learn more about Allianz Life Insurance
Size
142,460 employees
Industry
Founded
1890
NASDAQ

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