Let’s care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Head of Natural Resources MidCorp and Cat Risk (m/f), based in London. Reporting to the Global Head of Natural Resources, you will be responsible for the management, portfolio steering and growth of the Natural Resources MidCorp business.

Some of your specific responsibilities could include:

Ensure an effective underwriting and approval process for business that exceeds local underwriting authority.
Monitor a consistent underwriting Governance framework for Natural Resources by implementing guidelines, principles and best practices.
Provide training, guidance and support to underwriters.
In conjunction with Global Lob Head, Global Product Leaders and regional teams, develop and execute underwriting strategy and risk appetite for Natural Resources MidCorp.
Identify market opportunities, target segments and clients by conduction qualitative analysis, management of LoB portfolio incl. profitability analysis (e.g. trades, distribution channels).
Steer the Natural Resources Midcorp portfolio to drive achievement of financial targets including use of reinsurance solutions.
In conjunction with regional LoB heads and global product leaders, steer the prioritisation of transaction activity to optimise portfolio.
Proactively liaising with Regional MDs, functional areas and other relevant parties to review performance of end to end Underwriting life cycle.
Research information on competitive trends, product line trends, producer trends and external environment, including legal, economic, demographic and distribution trends.
Recommend new and revised products and programs, underwriting standards and procedures, and provide guidance on pricing within the regions; Drive development and implementation of pricing tools.
Proactively support acquisition of new business and retention of existing business.
Positively represent Natural Resources MidCorp, within the Allianz Commercial and externally to the market.
Expand the global offering across new regions/countries.
Cooperate closely with the Allianz Commercial Nat Cat Management team and CFO risk management to ensure Natural Resources is aligned with the overall Nat Cat and accumulation control strategy and that Natural Resources values are correctly reported and reflected.
Develop Nat Cat underwriting tools and reports specific for Natural Resources both to enable portfolio steering and to support the Underwriting process.
Run Catastrophe loss modelling reports and prepare regular and ad-hoc data extracts and reports for the monitoring of Allianz Commercial Natural Resources global loss potential - including portfolio analyses, CAT limit monitoring, supporting global business steering and providing input to ensure adequate Reinsurance protection.

What You’ll Bring to the Role

Preferably degree in Business Administration, Engineer, Economics, or comparable discipline.
Ideally completion of professional insurance qualification (e.g. CII).
Excellent ability to manage international project teams effectively to successful conclusion, without direct managerial authority. Strong stakeholder engagement skills.
Proven track record in interacting and providing direction to multi-discipline teams (underwriting, pricing, legal, claims, business analysis).
Successful track record in project management, process design and improvement.
Strategic planning skills with the ability to develop, implement and communicate strategies to address important trends or changes in the business.
Knowledge of Natural Resources products, coverages, underwriting practices, pricing processes and sales distribution channels.
Experience in the development and data-driven calibrations of pricing tools and cat modelling review or calibration.
Experience working in complex, global matrix organization.
Outstanding analytical skills.
Ability to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.
Flexible attitude, strong team player aligned with Allianz’s culture of diversity and inclusion.

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.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

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.

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Natural Resources jobs

Head of Natural Resources MidCorp and Cat Risk (m/f)