Risk Engineer

3 weeks ago


Pune, Maharashtra, India Allianz Services Full time

Job Purpose

As a Risk Engineer, you will be responsible for conducting desktop risk assessment reviews for Allianz Commercial Large Corporate clients.

Your role will involve supporting the Natural Resources & Construction Underwriting function and the Global Engineering Network by performing technical risk reviews for both prospective and existing clients.

You will maintain professional relationships with key stakeholders, make informed decisions, provide rational reasoning, and summarize key risk issues and loss scenarios based on your engineering judgment.

Additionally, you will develop loss control recommendations, review client responses, and ensure compliance with required actions.

You will receive technical and procedural training during onboarding, which may be conducted virtually or on-site at one of the Allianz offices in India.

This role offers a great opportunity to join a leading global insurer and be part of an exciting new team with significant growth potential.

Responsibilities

  • Assist Global Allianz Underwriting in risk selection and retention.
  • Advise Underwriters on construction and operational risks in the renewable energy sector, particularly in areas such as:
    • Onshore wind farms
    • Solar PV plants
    • Battery Energy Storage Systems (BESS)
    • Hydro-electric plant
  • Evaluate risk information and perform desktop reviews and risk analyses for both existing and new business.
  • Summarize the risk quality of portfolios and large accounts/programs.
  • Analyze various types of data to assess client, location, and project/account risk profiles.
  • Prepare dashboards and trend analyses as needed.

Requirements

  • Bachelor's Degree in Mechanical or Electrical Engineering.
  • Professional engineering qualifications, experience in the power sector, and knowledge and expertise in risk assessment, particularly in power generation and the renewable energy sector, are advantageous.
  • Familiarity with industry regulations and best practices.
  • Experience in an insurance company is a plus.
  • Familiarity with industry regulations and best practices.
  • Strong digital and data analytical skills.


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