Executive Underwriter Natural Resources & Construction - LatAm

Allianz Commercial; Miami (FL); Hybrid; USD 175,000 - 191,000; Full time

Benefits offered by this job

Hybrid working model

Performance-based bonus

Pension plan

Job summary

Allianz Commercial in Miami seeks an Executive Underwriter for Natural Resources & Construction (NR&C) with LatAm expertise. The role combines senior technical underwriting, governance, and mentoring across teams, focusing on profitable growth via disciplined risk selection and strategic broker engagement.

Hybrid work model is available, with opportunities to leverage AI tools and digital underwriting capabilities to enhance decision making, efficiency, and data quality across the portfolio.

Qualifications

• 7+ years of NR&C underwriting experience.
• Strong broker network in Miami and LatAm.
• Fluency in Spanish and/or Portuguese.
• Engineering degree in Civil, Mechanical, Electrical, Industrial, Petroleum, Mining or related field.

Responsibilities

• Develop and execute the NR&C regional underwriting strategy.
• Navigate regulatory, geopolitical, environmental, and climate exposures in LatAm.
• Monitor catastrophe accumulation and catastrophe modeling insights.
• Lead complex underwriting decisions as senior technical referent.
• Underwrite new and renewal accounts within delegated authority.
• Apply advanced underwriting judgment to pricing, coverage, and capacity.
• Drive profitability through disciplined risk selection and portfolio steering.
• Develop relationships with brokers, clients, and risk managers in Miami and LatAm.
• Participate in AI adoption and digital underwriting initiatives.

Skills

NR&C underwriting

Broker relations

AI tools

Spanish/Portuguese

Education

Engineering degree

Tools

AI underwriting tools

Job description

The Impact You Will Have

The Executive Underwriter Natural Resources & Construction – LatAm will have deep expertise in Natural Resources and Construction (NR&C) risks, strong relationships with key brokers and clients in Miami and throughout the regional market, and the ability to leverage emerging technologies, including Artificial Intelligence solutions and underwriting agents, to enhance decision-making, efficiency, and operational excellence. You will act as a mentor, referral underwriter, and champion of underwriting governance through 4-eyes reviews and self-audit processes.

Some Of Your Specific Responsibilities Could Include

• Participating in the development and execution of the regional Underwriting strategy for NR&C, including working closely with Distribution, Claims and other product lines to achieve key marketing strategies, including cross-selling.
• Navigating evolving regulatory, geopolitical, environmental, and climate-related exposures in Latam.
• Monitoring Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios.
• Serving as a senior technical referral point for complex underwriting decisions.
• Underwriting new and renewal accounts within delegated authority to meet top and bottom line targets.
• Applying advanced underwriting judgment to pricing, coverage structure, contract analysis, and capacity deployment.
• Driving portfolio profitability through disciplined risk selection, accumulation management, and proactive portfolio steering.
• Developing and maintaining strategic relationships with key brokers, clients, and risk managers across Miami and the broader Latin American market.
• Positioning Allianz Commercial as a preferred market for NR&C risks.
• Conducting regular broker visits, client meetings, stewardship reviews, and market-facing activities.
• Collaborating closely with Distribution to support business development, retention, and cross-selling opportunities.
• Representing Allianz Commercial at industry conferences, broker events, and technical forums.
• Promoting underwriting excellence through consistent application of underwriting guidelines, authority levels, and risk appetite frameworks.
• Leading and participating in structured peer reviews of complex accounts and large exposures.
• Implement and maintain self-audit disciplines to ensure underwriting quality, documentation standards, and regulatory compliance.
• Identify underwriting trends, lessons learned, and opportunities for continuous improvement.
• Champion the responsible adoption of Artificial Intelligence tools and digital underwriting capabilities, including driving automation opportunities that improve underwriting efficiency, consistency, and data quality.
• Developing and leveraging AI-powered agents to support technical analysis, exposure assessment, policy reviews, portfolio monitoring, data extraction, and procedural compliance.
• Partnering with the CTO team to identify use cases that enhance underwriting effectiveness and decision support.
• Coaching and mentoring underwriters and associate underwriters on technical underwriting, broker management, and portfolio management.
• Sharing market intelligence, technical expertise, and best practices across teams and regions.
• Supporting training initiatives and contributing to underwriting capability development.
• Driving a culture of accountability, knowledge sharing, and continuous improvement.

What You’ll Bring To The Role

• 7+ years of proven expertise in underwriting profitable NR&C business, including demonstrated success managing complex accounts;
• In depth understanding of regional/local MR&C insurance markets and competitor landscape;
• Established broker network and strong market reputation within Miami and the regional marketplace;
• Ability to assess risk inherent exposures and natural hazards relevant to NR&C;
• Experience managing underwriting books, including analyzing trends and scenario plans from which portfolio strategies can be developed and implemented;
• Analyzing current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance, applying the knowledge of how the market operates and functions, the business needs and customer needs;
• Ability to analyze highly complex data, from multiple sources, in detail, identifying and resolving issues before they transpire;
• Experience utilizing advanced analytics, digital underwriting tools, or AI-enabled solution, including the ability to utilize AI tools to support day‑to‑day tasks, improve efficiency and contribute to data-driven decision making;
• Ability to express ideas and messages clearly, both written and verbally;
• Ability to build and foster relationships internally across the organization and externally with our broker partners;
• Ability to speak Spanish and/or Portuguese required; and
• Bachelor’s degree in Engineering (Civil, Mechanical, Electrical, Industrial, Petroleum, Mining, or related discipline).

External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

The annualized base pay range for this role is $175,000 - $191,000. 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.

106175 | 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.

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]