We are looking for a Senior Underwriter to focus on the Natural Resources segment. The underwriter will be responsible for producing and underwriting profitable business in the following segments:

1. Conventional Power generation and Mining segments: Operational Property Damage and Business Interruption, and

1. Renewables segment: Wind farms, Solar PV and Battery Energy Storage - BESS, working on Builders Risk and operational coverages, both including Time element.

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. Particularly in the renewable energy segment we provide comprehensive insurance 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 (whether electronic or paper) and maintained for each risk and transaction handled. Proactively support completion of policy administration and credit control processes.

• Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary). Proactively liaise with MMC on market management initiatives.

• Positively represent AzC externally to the market. Proactively drive involvement of functional areas in Underwriting process, including e.g., MMC, ARC, Claims, Operations. Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers)

What You’ll Bring to the Role

• Proven track record in Underwriting profitable business in LoB with 5-10 years’ experience. In depth understanding of LoB(s) products and portfolio. In depth understanding of regional/local LoB(s) insurance markets and competitor landscape.

• Demonstrable, established relationships with brokers at peer group level and well established within local market.

• Preferably a degree in Insurance, Risk Management, Finance, Economics, Business Administration, or other appropriate discipline.

• 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 the knowledge of how the market operates and functions, the business needs 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 general office application tools e.g. Power Point, 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 and/Canada 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 $85,969 to $150,464. 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.