Junior Underwriter: Onshore Renewables, Natural Resources - Allianz - London

Job description

We are looking for a Junior Underwriter in Onshore Renewables, based in London, as part of the Global 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 make sure 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:

You will underwrite new and renewal accounts within your authority to meet profitability and growth targets.

You will support the acquisition of new business and retention of existing clients through effective negotiations and strategy alignment.

You will prepare underwriting information, including market research and claims data, to support decision-making.

You will assist in evaluating Natural Catastrophe exposures and pricing risks using global tools.

You will ensure underwriting activities comply with internal guidelines, governance frameworks, and authority levels.

You will support contract certainty and facilitate the binding of reinsurance prior to policy inception.

You will maintain accurate and complete policy documentation, ensuring timely issuance and administration of insurance programs.

You will collaborate with internal teams to ensure accurate premium booking and help resolve account queries.

You will build and maintain strong working relationships with brokers, clients, and internal stakeholders to drive success.

What You’ll Bring to the Role

You have a degree in Economics, Law, or a related field, or are working towards a professional insurance qualification (e.g. CII).

You have a basic understanding of insurance products and portfolios, ideally within Allianz Commercial or a similar environment.

You have experience or familiarity with working in complex, global, or matrix organizations.

You have a good understanding of the local and regional insurance markets and the competitive landscape.

You have a basic knowledge of the legal and regulatory framework relevant to the insurance industry.

You have the ability to assess risks, exposures, and natural hazards relevant to the line of business.

You have experience or interest in drafting and interpreting insurance contracts and policy wordings.

You have a good understanding of the policy administration lifecycle, including premium bookings and credit control.

You have strong communication and analytical skills, with the ability to clearly present ideas and draw sound conclusions from data.

You have a willingness to learn and explore how AI can enhance your role and the broader organization is expected.

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 opportunities to progress

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.

Let’s care for life’s twists and turns

From our support for 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. We've got your back.

Let’s care for our society and our planet

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.

Care to join us?

Allianz Commercial is the center 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. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

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. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

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.

Join us. Let's care for tomorrow.

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.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid

Offers “Allianz”

Job description