Senior Underwriter, Energy

2 weeks ago


Johannesburg, South Africa Allianz Global Corporate Specialty Full time

Whether it’s airplanes, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.

Based in Johannesburg and reporting to the Head of the Energy & Construction for our wider Mediterranean and Africa region, you will work closely with clients and brokers to craft bespoke solutions and develop new relationships predominately relating to the Construction/Engineering segment.

**Responsibilities**

**In this role you will.**
- Underwrite new and renewal business to meet profitability targets
- Underwrite in line with the Energy & Construction governance framework e.g. Underwriting Authorities, Underwriting Guidelines and Functional Rules
- Develop Energy & Construction specific content to support the respective Regional Practice Groups
- Ensure contract certainty is achieved on all accounts at time of inception
- Drive involvement of functional areas in Underwriting process, including Market Management, Risk Consulting, Claims and Operations
- Manage referrals and undertake 4-eye reviews with underwriters
- Contribute to the development and execution of regional underwriting strategy
- Create and maintain positive relationships with key producers and clients and other relevant stakeholders
- Ensure accurate policy documentation is issued to producers
- Provide training and support to junior members of the Energy & Construction team

**To be successful in the role**:
**You will have.**
- Around 10 years’ experience underwriting profitable business in the Energy & Construction segment of large corporate international insurance with a strong background in the South African Market EAR business
- Recognised relationships with clients and brokers at peer group level and you are well established within the market
- A specialised understanding of South African and African Energy & Construction insurance markets and of the competitor landscape
- The ability to leverage data and analytics to make business more efficient and effective
- A good understanding of the legal and regulatory environment
- The ability to design, develop and implement consistent, robust wordings for contracts
- Excellent communication skills, able to build positive relationships both inside and outside the organization, at every level
- Team spirit and a positive and flexible mindset

**Ideally you will also have**
- A degree either in Construction or Engineering
- An insurance professional qualification
- Advanced data analytics knowledge

At AGCS we offer a range of benefits:

- A hybrid working model, which recognizes the value in a balance between remote and office based working, giving you the flexibility to organize the way you work
- An exciting and versatile job with an opportunity to work alongside skilled and specialised colleagues from all over the world
- An environment where innovation and challenging the status quo is encouraged
- Wellbeing policies and initiatives to support a positive work life balance
- A competitive compensation and benefits package including a generous bonus scheme
- Continuous learning: a large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
- Diverse and inclusive culture: you will be accepted for who you are and empowered to use your voice to help others find theirs

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

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.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally.

In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders. This is an exciting time to join AGCS as we continue on our journey o



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