Description
We are looking for a Global Head of Natural Resources Underwriting.
Your Team
Our Global Natural Resources line of business sits at the forefront of the energy transition, providing specialist insurance and risk consulting solutions across green energy, oil and gas, power generation, and mining. From offshore wind farms and solar projects to refineries, power plants, and open-pit mining operations, we help some of the world's largest energy and natural resource companies manage their most complex risks.
The Impact You Will Have
As Global Head of Natural Resources, you will shape and drive the underwriting strategy across our Oil & Gas, Power Generation, Renewables, Upstream, and Mining portfolios — steering a global book of business to deliver significant returns while ensuring we remain a market leader. You will lead and inspire a high-performing global underwriting team, setting a consistent and disciplined approach to risk selection while creating innovative market solutions that set us apart from the competition. With ESG and the energy transition at the heart of our agenda, you will work closely with our ESG Climate Solutions team to embed sustainability into our underwriting strategy, ensuring we are not just responding to change — but leading it. This is a role where commercial ambition meets real-world impact.
Some of your specific responsibilities could include:
Lead and Manage
- Lead and manage global team, including direct reports and matrix management of functional reports
- Ensure Organizational structure and process best fit to service external and internal customers.
- Support the build out of an industry vertical focused on bringing all of Allianz's capabilities to our clients/brokers
- Lead and manage a global project team, including direct reports and matrix management of functional reports
- Review current UW authority structure to ensure best fit to serve external and internal customers
- Review reporting lines (direct / matrix)
- Manage cost center budgets within plan
Underwriting Strategy
- Develop, define and execute global strategy for line of business to drive profitable growth and a leading market position - Drive hub and spoke model with integration across Large Corp and Mid Corp
- Identify market opportunities, including potential markets, target segments and clients, in liaison with Distribution, R&M and OEs
- Establish a robust People strategy aimed at culture of training, staff retention, internal promotion and thought leadership
- Align UW to specific UW lines while ensuring cross collaboration and training
- Develop in house training to develop incumbent and incoming employees to expand their expertise across multiple products with particular focus on renewable energy.
- Multi-class
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Global Head of Natural Resources Underwriting in London employer: Allianz UK
Allianz Commercial is an exceptional employer, offering a dynamic and inclusive work environment in London where employees can thrive both personally and professionally. With a strong commitment to employee development, flexible working arrangements, and a comprehensive benefits package, we empower our team members to grow their careers while making a meaningful impact in the Power and Renewables sector. Join us to be part of a global culture that values diversity, innovation, and collaboration, ensuring you feel valued and supported every step of the way.
