Euler Hermes North America Insurance Com Job Type: Full-Time
Remote Job: Remote working
Employment Type: Permanent
ID: 64548
Head of Energy Underwriting Reporting Line: SVP, Regional Head of Direct Sales, Bank, and Energy Distribution
Job Summary: Lead the go-to-market distribution strategy for Energy.
Commercial Underwriting: Under the direction of the Regional Head of Credit Speciality Lines, work as a liaison to the Xol Team representing the energy division, supporting the Energy team in managing a portfolio of new business submissions and/or renewal submissions specifically for the Energy portfolio.
Analyze and provide policy structure and premium rates for submissions, develop and support customer relationships, cultivate relationships with Sr. directors, direct sales force, and/or brokers, provide high-quality customer service, assess commercial underwriting risk, and review credit standing of the portfolio to achieve Allianz Trade profitability and growth objectives.
Risk Underwriting: Ensure effective credit limit service in terms of quality of decision, turnaround time, and communication toward customers.
Attract new customers/prospects by providing quality service and expertise in energy risk and transaction types, facilitating underwriting decisions while building trusted relationships with customers to improve customer portfolio profitability.
Key Responsibilities and Duties Commercial Utilize commercial underwriting guidelines to structure and price new business and renewal policies according to retention, growth, and profitability objectives. Provide the highest possible level of customer service to internal and external customers. Support the team in maximizing approvals for the portfolio of renewal policyholders, including attending meetings with brokers and clients as required. Manage a portfolio of non-can/can clients servicing needs. Manage and support customer relationships with brokers and Energy Sr. directors. Quote/negotiate new and renewal business transactions in accordance with the underwriting guidelines. Support and drive revenue and growth goals. Mentor and provide guidance/training for team members. Work independently on other tasks assigned. Risk Process credit limit requests consistently, within response time delays included in Risk Business Model by assessing the buyer with all information available in IRP and personal market knowledge. Manage a dedicated customer portfolio, steering it and providing a proactive service level according to PH classification by regularly meeting customers and brokers and organizing telephone conferences. Contribute to support Commercial in steering customers' loss ratio and implement necessary actions to ensure or restore portfolio profitability. Take responsibility in projects and initiatives supporting RBM and IRP related matters. Build relationships with other core functions. Required Qualifications and Skills Bachelor's degree in economics, finance, or related discipline; advanced degree, MBA or MS Finance preferred. 7+ years of financial management experience in banking, credit insurance brokerage, or a credit insurance environment. Proficient computer skills, with an understanding of financial software and spreadsheet packages. Strong analytical and research skills. Ability to build long-term customer relationships, even in a context of restrictive decisions and deteriorated market. Strong planning, organizational, and workflow prioritization skills. Strong communicator with the ability to convince others of decisions taken; capable of holding meetings, including difficult ones with high-profile seniors. Interact effectively with our Direct Sales Force and other departments within Allianz Trade. Good interpersonal and customer service skills. Market Knowledge: Expert knowledge in the Credit / Insurance industry; strong broker and industry relationships; strong business expertise and business/finance assessment skills. Leadership Skills: Ability to build, train, and motivate teams; retain high-performing employees. Total Compensation range: $175,000 - $225,000
Placement within the range provided above is based on the individual's relevant experience, skills for the role, and location.
Salary ranges are only one component of our total compensation package.
We value your goals and needs, at work and in life.
As an associate, you'll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
Featured Employee Benefits Competitive compensation Annual bonus eligibility and/or commission structure opportunities 401(k) discretionary match of up to 6% Health and wellness benefits Paid time off (22 days) for vacation, illness, and medical appointments, as well as Birthday Day Off and Volunteer Day Off Tuition Reimbursement Family care resources, including fertility and adoption benefits Allianz Group is one of the most trusted insurance and asset management companies in the world.
Caring for our employees, their ambitions, dreams, and challenges, is what makes us a unique employer.
Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow, and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer.
We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, or sexual orientation.
Great to have you on board.
Let's care for tomorrow.
#J-18808-Ljbffr