Director of Energy Underwriting

This is a fully remote position, open to applicants in Maryland.

📋 Description

• Oversee the distribution strategy and commercial underwriting for the Energy sector.

• Assist the Energy team in managing a collection of new and/or renewal business submissions specifically for the Energy portfolio.

• Evaluate and provide policy structures and premium rates for submissions.

• Foster customer relationships, nurture and manage the commercial Energy team, direct sales force, and/or broker partnerships.

• Deliver the highest standard of customer service.

• Assess commercial underwriting risks and review the status of the portfolio.

• Ensure compliance while steering the energy business towards Allianz Trade’s retention, growth, and profitability targets.

• Provide exceptional customer service to both internal and external clients.

• Assist the team in maximizing approvals for the portfolio of policyholders.

• Manage a portfolio of both non-cancellable and cancellable clients.

• Maintain and support customer relationships with brokers and Energy leadership.

• Drive revenue and growth objectives.

• Mentor, guide, and train team members.

• Work independently on other assigned tasks.

• Responsible for a dedicated portfolio, delivering proactive, exceptional service by regularly engaging with customers and brokers.

• Contribute to supporting Commercial in managing customers' loss ratios and implementing necessary measures to ensure or restore portfolio profitability.

• Take charge of projects and initiatives as assigned.

• Build connections with other core functions.

• Attend industry conferences and networking events.

• Stay informed about Energy-specific contracts and market updates.

⛳️ Requirements

• Bachelor’s degree in economics, finance, or a related field.

• Advanced degree, MBA or MS in Finance preferred.

• Over 5 years of financial management experience in banking, credit insurance brokerage, or a credit insurance environment.

• Proficient in computer skills, with a solid understanding of financial software and spreadsheet applications.

• Strong analytical and research capabilities.

• Ability to establish long-term customer relationships, even in challenging decision-making contexts and deteriorating markets.

• Excellent planning, organizational, and workflow prioritization skills.

• Strong communicator, able to persuade others regarding decisions made; capable of conducting visits and managing difficult meetings with high-profile seniors.

• Effectively interact with our Risk Underwriters, Direct Sales Force, and other departments within Allianz Trade.

• Good interpersonal and customer service skills.

• Market Knowledge: Expert understanding of the Credit / Insurance industry.

• Strong relationships with brokers and within the industry.

• Solid business acumen and financial assessment skills.

• Experience with Energy contracts is preferred.

• Leadership Skills: Ability to build, train, and motivate teams.

• Retain high-performing employees.

• Basic awareness of Artificial Intelligence technologies and enthusiasm for learning and integrating AI into daily business processes.

🏝️ Benefits

• Competitive compensation.

• Eligibility for an annual bonus and/or commission structure opportunities.

• 401(k) discretionary match of up to 6%.

• Flexible work schedules.

• Health and wellness benefits.

• Paid time off for vacation, illness, Birthday Day Off, and Volunteer Day Off.

• Tuition Reimbursement.

• Family care resources, including fertility and adoption benefits.