Senior Underwriter - Mining Natural Resources, Onshore Energy

Position: Senior Underwriter - Mining within Natural Resources, Onshore Energy
Location: Greater London

Onshore Energy Team

We are looking for a Senior 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).

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 targets in 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 and maintaining relationships with existing and new brokers and clients.

Some of Your Specific Responsibilities Could Include

• Underwrite new and renewal accounts to meet top and bottom 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 and maintain strong 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 experience in underwriting profitable business in the Mining Sector.
• Recognized relationships with brokers at peer group level and well established within 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 the line of business.
• Ability to analyse current performance against benchmarks applying how the market operates and functions, the business needs and customer needs.
• Ability to design, develop and implement consistent, robust wordings.
• Excellent understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
• Excellent communication skills and ability to create relationships and communicate clearly at all levels and with a wide range of people.
• Ability to influence and motivate others to act, without executive authority.
• Excellent analytical skills.
• You should be able to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.
• Ideally ACII qualified or equivalent.

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. 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

EEO Statement

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.

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