Head of Engineering & Construction Underwriting

AllianzRotterdam, South HollandHybridFull-timePrincipal, 12–15+ yearsListed 1 hour ago

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About this role

As Head of Engineering & Construction Underwriting at Allianz Commercial, you will hold full strategic and financial accountability for the Engineering & Construction line of business across Large Corporate and Mid Corporate segments - reporting directly to the Head of Underwriting Netherlands. This is a leadership role at the heart of one of the world's largest and most technically sophisticated commercial insurance operations, serving corporate clients across more than 200 countries and territories. You will define the global Engineering & Construction strategy, lead a high-performing  underwriting team, and position Allianz Commercial as the partner of choice for the world's most complex engineering and construction risks. A strong market presence in the Netherlands, with established broker and client relationships, is essential.

Some of your specific responsibilities could include:

- Own the global strategy for the Engineering & Construction line of business, with full accountability for underwriting results, profitability, and portfolio performance across Large Corporate and Mid Corporate segments
- Define and execute a market-leading Engineering & Construction proposition that delivers profitable, sustainable growth
- Steer the underwriting portfolio to consistent financial targets; present and defend portfolio performance to Finance, Board of Management, and Global Line of Business Heads
- Drive a consistent global underwriting governance framework across all Engineering & Construction sub-lines, ensuring technical excellence and disciplined risk selection
- Underwrite large, complex Engineering & Construction risks, bringing deep technical expertise to the highest-value transactions in the portfolio
- Lead and develop the Engineering & Construction team across two legal entities, fostering a culture of technical excellence, accountability, and continuous improvement
- Build and maintain a commanding market presence in the Netherlands, cultivating trusted senior relationships with key brokers, clients, and market counterparts
- Represent Allianz Commercial at industry forums, client events, and broker engagements as the recognized external face of the Engineering & Construction proposition
- Manage executive-level stakeholder relationships across EMEA and Global LoB Heads, Sales & Distribution leadership, and the Allianz Benelux CUO
- Collaborate with Allianz Group entities to leverage the full breadth of the Group's capabilities and capacity in delivering integrated client solutions

What You’ll Bring to the Role

- Deep, hands-on technical expertise in Engineering & Construction with extensive experience in underwriting and/or brokerage
- A strong and established market presence in the Netherlands, with a well-developed network of senior broker and client relationships
- Ability to own and deliver P&L results, with experience steering underwriting portfolios through growth, integration, and market cycle management
- Leadership experience in commercial or specialty insurance underwriting, with the ability to develop and inspire high-performing teams
- Excellent stakeholder management skills - able to engage, influence, and align senior executives across complex, matrixed organizations including Global LoB Heads, CUO-level leadership, and Board of Management members
- Strong strategic planning and analytical capabilities - able to develop and defend robust underwriting strategies and portfolio positions at the highest organizational levels
- Strong understanding of pricing, contract drafting, reinsurance, and strategic planning, with the ability to deliver a disciplined and commercially sound underwriting strategy
- Versatility and adaptability in navigating complex, integrated organizational structures across multiple legal entities and geographies
- Excellent written and verbal communication skills in Dutch and English
- Degree or professional designation in Insurance, Engineering, Finance, Law, or a related field; relevant industry certifications (e.g., ACII, CPCU) are a plus
- Proficiency in leveraging AI-powered tools and data analytics to enhance underwriting decision-making, portfolio monitoring, and strategic planning.

For Netherlands, the base salary range for this position is between 109.000 - 145.000 EUR (for a full-time role). The specific salary offered considers:

- the requirements, scope, complexity and responsibilities of the role,
- the applicant's own profile including education/qualifications, expertise, specialization, skills and experience.

The annualized amount represents a market range and will also be determined by the location of the role. In the situation where you do not meet all the job requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, we offer an attractive performance-based variable component based on location specific regulations, and you may be eligible for additional benefits.

109099 | Underwriting | Management | 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.

Learn more about careers at Allianz Commercial by clicking  here .

Learn more about Allianz Commercial by clicking  here .

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 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  [email protected]

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.  Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

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