Junior Underwriter, Onshore Energy - Natural Resources

This job is with Allianz Commercial, an inclusive employer. We are looking for a Junior Underwriter in the Onshore Energy - Natural Resources team, based in London. This role will primarily focus on assisting with the Mining Portfolio, however, there will also be the opportunity to work on other product lines within Downstream Energy, Conventional Power, and Onshore Renewables. This role will also work closely with the Offshore Energy team, as part of the wider UK Natural Resources team.

Your Team

Our Underwriting team is responsible for reviewing and approving insurance risks within their area of expertise. Each team member has the authority to make decisions and works closely with other departments to ensure policies are processed correctly and on time. They also build strong relationships with brokers, acting as trusted partners and helping them find the best solutions for their clients. It's a collaborative, fast-moving team where you'll be supported to grow, take ownership of your work, and make a real impact. If you enjoy working with people and solving problems, this could be the right team for you.

The Impact You Will Have

As a key member of the team, you will take ownership of the underwriting process within your area of expertise, using your authority to make sound, independent decisions. Your work will directly contribute to the profitability and efficiency of the business by ensuring that policies are reviewed, priced, and issued accurately and on time. You will collaborate with other departments to support smooth operations and maintain high service standards. By building and maintaining strong relationships with brokers, you'll play a vital role in strengthening our market presence and delivering tailored solutions to meet client needs.

Some of your specific responsibilities could include:

• Support all underwriting activities within the Onshore Energy line of business
• Assist in achieving profitability targets for new and renewal business
• Contribute to contract certainty for all accounts at inception, ensuring precision in underwriting processes and procedures
• Contribute to the development and execution of the regional underwriting strategy
• Collaborate with our Risk Consulting, Claims, Distribution, and Operations teams to enhance the overall underwriting process
• Prepare management reporting and analytics and ensure high levels of data quality
• Foster positive relationships with key clients, brokers, and internal and external stakeholders

What You'll Bring to the Role

You'll bring prior experience in corporate insurance in the London market, ideally in Onshore Energy or Natural Resources Underwriting. You also bring:

• Good understanding of the Onshore Energy insurance market and competitor landscape
• Understanding of the policy administration life cycle, information collection, policy issuance, premium bookings, and credit control
• Commercial acumen and enjoy building and maintaining relationships with external contacts such as brokers and clients
• Awareness of the legal and regulatory environment
• Strong communication skills with the ability to collaborate effectively as part of a team
• Sense of initiative and willingness to develop technical skills
• Skilled at data analytics, preparing reports and presentations
• Expert proficiency in Excel (e.g., pivot tables, V look-up), Power BI, and Microsoft Office, and a willingness to learn and explore how AI can enhance your role and the broader organization
• A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.

What's in it for you?

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognises the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

We believe in rewarding performance with a great compensation and benefits package, including a generous bonus scheme and pension.

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery, and empowerment are fostered.

We support flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach.

With opportunities to be engaged in shaping a future that is safe, inclusive, and sustainable, we care for the tomorrows of our people, our industry, and our clients.

Allianz Commercial is the centre of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium enterprises.

We also cover unique risks such as offshore wind farms, infrastructure projects, and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.