Senior Underwriter - Mining Natural Resources, Onshore Energy
Greater London, London, Greater London, W1B, England, UK
Listed on 2026-02-28
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Insurance
Underwriter, Insurance Analyst, Risk Manager/Analyst, Insurance Claims -
Finance & Banking
Underwriter, Risk Manager/Analyst
Location: Greater London
Description
We are looking for aSenior
Underwriter within the Mining Sector (Natural Resources,Onshore Energy) based in London.
This role will primarily focus on the Mining portfolio within the London Onshore Energy portfolio,however there will be an opportunity to underwrite other product lines (being Downstream Energy, Power and Renewables).
Your Team
The Onshore Energy team is part of the wider Natural Resource steam in Londonand focusses on Downstream, Power, Renewables and Mining.
Our team is committed to providing an environment where you will have a sense of belonging whilst continuing to develop your skills and gain experience within one of the most respected insurance companies globally.
The culture of the team as a whole and those within it are extremely important.
Our culture is truly global and inclusive. We strive to provide our customers with excellent productexpertiseand services. With the focus on digitalization, we create efficiency and improve the customers interaction.
The Impact You Will Have
Reporting to the Regional Head of Onshore Energy, you will underwrite profitable new and renewal business to meet the business targetsin
Onshore Energy. You will also be negotiating participation, pricing and terms and conditions. You will take ownership of accounts and clients, as well as developing andmaintainingrelationships with existing and new brokers and clients.
Some of your specific responsibilities could include:
- Underwrite new and renewal accounts to meet top andbottom line targets
- Negotiate participation, pricing and terms and conditions with brokers
- Proactively manage exposure and capacity
- Underwrite and evaluate capacity aggregations including Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios
- Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
- Proactively liaise with Market Management & Distribution (MMC) on market management initiatives
- Positively represent Allianz Commercial externally to the market
- Develop andmaintainstrong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
- Training,developing and coaching of less experienced staff (including Junior Underwriters, Operations and Credit Control)
What You’ll Bring to the Role
- Significant experienceinunderwriting profitable business in the Mining Sector.
- Recognized relationships with brokers at peer group level and wellestablishedwithin market.
- Good understanding of regional/local
Mining insurance markets and competitor landscape, including global elements. - Ability to assess risk inherent exposures and natural hazards relevant to theline ofbusiness.
- Ability to analyse current performance against benchmarks applying how the marketoperatesand functions, the business needs and customer needs.
- Ability todesign, develop and implement consistent, robust wordings.
- Excellent understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
- Excellent communication skillsand ability to create relationships and communicate clearly at all levels and with a wide range of people.
- Ability toinfluenceand motivate others to act, without executive authority.
- Excellent analytical skills.
- You should be able to integrate AI-driven insights into your work tooptimizeoutcomes and support broader organizational goals.
- Ideally ACII qualified or equivalent.
89964 | Underwriting | Professional | Allianz Commercial | Full Time or Part Time | Permanent
What’s in it for you?
Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong.
We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.
Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your…
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