Executive Underwriter / Product Leader ESG

Allianz UK; London; Hybrid; GBP 159,000 - 248,000; Full time

Job summary

A leading insurance company seeks a Senior Underwriter/Product Leader ESG based in London. This role focuses on developing global strategies for ESG solutions, creating innovative solutions, and influencing market positions. Candidates should possess strategic underwriting skills and a minimum of 5-7 years in specialty areas. The company offers a hybrid working model and a comprehensive compensation package.

Benefits

Generous bonus scheme

Pension plan

Flexible working arrangements

Health and wellbeing support

Responsibilities

• Develop and execute global ART strategy for ESG underwriting.
• Identify market opportunities for profitable growth.
• Lead new ESG product development in ART.
• Maintain comprehensive client insights and implement KPIs.

Skills

Strategic Underwriting & Planning

Business Insight & Tools

Negotiation Skills

Entrepreneurial Impact

Communication Skills

Stakeholder Management

ESG Expertise

Education

5 to 7 years in specialty areas

Actuarial skills (optional)

Job description

Overview

We are looking for a Senior Underwriter / Product Leader ESG, based in either New York, Zurich, Munich or London.

Your Team

The Alternative Risk Transfer (ART) line of business of Allianz Commercial creates innovative tailored structured insurance, captive reinsurance, and other non-traditional risk management solutions for a wide range of corporate and financial clients globally. We specialize in helping our customers mitigate their most complex risks with bespoke multi-year and multi-line agreements covering a broad range of risks, leveraging our expertise in alternative risk transfer and the global capabilities of the Allianz Group.

The Impact You Will Have

Reporting to the Global Markets Leader ART, you will develop and implement the global ARTLoB strategy for ESG solutions, working closely with the rest of the ARTLoB and the Allianz Commercial ESG & Sustainability Central Team. You will serve as the Subject Matter Expert responsible for ARTLoB ESG global underwriting results, including market management and underwriting. You will develop cross-sell opportunities with AGCS and create innovative and complex solutions in a fast-changing environment. You will be a professional thought leader in ESG risk transfer solutions.

Some of your specific responsibilities could include:

• Develop and execute a global ART strategy for ESG underwriting and business development to achieve profitable growth.
• Identify market opportunities, including target markets, segments, and clients, and implement strategic global market management tools.
• Develop and implement global guidelines to enhance underwriting efficiency and accuracy, while managing ESG underwriting results.
• Lead new ESG product development opportunities in ART and interface with Allianz group products, leveraging the strong Allianz brand.
• Represent ART positively within Allianz Commercial, Allianz Group, and externally, while building long-term relationships with key clients, brokers, and other functions.
• Maintain comprehensive client and industry segment insights, deliver market and competitor insights, and implement KPIs and SLAs for global and local business improvement.
• Explore the potential to drive parametric solutions.

What You’ll Bring to the Role:

• Strategic Underwriting & Planning: Define segmentation and client differentiation strategies; develop innovative solutions and communicate strategies in a fast-changing environment.
• Business Insight & Tools: Implement methodologies for market, competitor, and client insight; utilize experience to manage sales distribution channels effectively.
• Insurance & Transactional Expertise: In-depth knowledge of large and specialty risk insurance; negotiate, structure, and execute complex insurance and financial transactions.
• Entrepreneurial Impact: Demonstrate entrepreneurial behavior that positively influences strategy and results.
• Experience & Track Record: Minimum 5 to 7 years in specialty areas; proven lead underwriter with comprehensive quantitative skills, possibly actuarial.
• Stakeholder & Market Management: Influence strategic position holders across locations and functions; apply knowledge of market operations, business, and customer needs.
• Communication Skills: Clearly express ideas and messages both written and verbally; skilled negotiation at senior levels internally and externally.
• AI: Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.

The annualized base pay range for this role is $215,292 - $335,088. The posted salary range is only applicable to applicants based in the United States. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

80342 | Underwriting | Professional | Allianz Commercial | Full-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 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 race, 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 [e-mail]

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.

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