Risk Selection Manager (Standard Broker Motor)
Risk Selection Manager (Standard Broker Motor)

Risk Selection Manager (Standard Broker Motor)

Birmingham Full-Time 42000 - 98000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead strategies for profitability in the UK motor insurance market.
  • Company: Join Allianz, the world's number one insurance brand with global career opportunities.
  • Benefits: Enjoy flexible working options, performance bonuses, and discounts on insurance products.
  • Why this job: Be part of a diverse team that values innovation and work-life balance.
  • Qualifications: Bachelor's degree in finance or related field; experience in data analysis preferred.
  • Other info: We support neurodiversity and offer tailored adjustments for success.

The predicted salary is between 42000 - 98000 £ per year.

Client:

Location:

Birmingham, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

8d911765f766

Job Views:

7

Posted:

18.07.2025

Expiry Date:

01.09.2025

Job Description:

Role Description

As a Risk Selection Manager, you will lead and implement strategies to ensure the profitability and compliance of AZ Broker within the UK motor insurance market.

Salary Information

Pay: Circa £70,000 per year.

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

Your role will vary day to day, but here is a bit of what you can expect:

  • Work with Portfolio manager and establish a statistically robust actual versus expected claims monitoring process for large broker portfolios.
  • Build and maintain excellent working relationships with key stakeholders within AZP.
  • Conduct “deep dives” into areas of limited exposure and recommend adjustments based on data and expert judgment.
  • Recommend changes and overlays to technical cost models owned by the Pricing Technical Excellence team based on analysis and insight.
  • Ensure the broker portfolios are actively traded, accurately priced, and aligned with competitive market standards.
  • Be accountable for the quality of the output from your team, ensuring all recommendations are based on accurate data and insight.
  • Ensure proposals are internally debated/challenged to achieve a technical excellent standard, leading to informed business decisions and presenting a range of scenarios where appropriate.
  • Work extensively within WTW Radar to predict outcomes of various pricing and underwriting options and be able to confidently provide a recommendation to key stakeholders.

We don\’t expect you to know everything from day one, but the following will enable you to hit the ground running:

  • Educational Background: A bachelor\’s degree in finance, economics, actuarial science, business administration, or a related field. A master\’s degree or professional certifications (e.g. FIA, ACII) might be preferred.
  • Technical Expertise: Proficiency in financial modelling, budgeting, and cost analysis, with an understanding of statistical models and their application in pricing.
  • Experience working successfully with the external Broker marketplace.
  • Proficiency in data analysis and statistical modelling tools (e.g. SQL, Python, WTW Radar).
  • Strong problem-solving skills and attention to detail
  • Excellent verbal and written communication skills to effectively interact with stakeholders and present findings.
  • Business Acumen: Familiarity with UK insurance markets and insurance regulations, with the ability to identify market trends and opportunities.
  • Leadership Skills: Proven track record in driving financial performance and ensuring compliance with regulations, and ability to lead a team effectively.
  • Resilience – able to accept challenge and debate to decisions / recommendations with senior stakeholders.

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

  • Flexible buy/sell holiday options
  • Annual performance related bonus
  • Contributory pension scheme
  • A discount up to 50% on a range of insurance products including car, home and pet

Our Ways of Working

Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive – Your work life balance is important to us.

Diversity & Inclusion

At Allianz, we prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.

We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.

We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.

Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.

Hr-recruitment@allianz.co.uk

For any inquiries or to submit your application, please contact: Matthew Mckevitt

We reserve the right to close the advert early if we reach enough applications.

Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit. Check our Blog for more information.

Bank or payment details should not be provided when applying for a job. Eurojobs.com is not responsible for any external website content. All applications should be made via the \’Apply now\’ button.

Created on 18/07/2025 by TN United Kingdom

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Risk Selection Manager (Standard Broker Motor) employer: Allianz Management Services Ltd

At Allianz, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Birmingham that fosters innovation and collaboration. Our commitment to employee growth is evident through extensive training programmes and global career opportunities, alongside a flexible benefits package tailored to individual needs. With a strong focus on diversity and inclusion, we ensure that every team member feels valued and supported, making Allianz not just a workplace, but a community where you can thrive.
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Contact Detail:

Allianz Management Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Selection Manager (Standard Broker Motor)

✨Tip Number 1

Familiarise yourself with the UK motor insurance market and current trends. Understanding the competitive landscape will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the industry.

✨Tip Number 2

Network with professionals in the insurance sector, especially those involved in risk selection and underwriting. Attend industry events or join relevant online forums to build connections that could provide insights or referrals for the role.

✨Tip Number 3

Brush up on your data analysis skills, particularly with tools like SQL and Python. Being able to discuss your proficiency in these areas will set you apart, as they are crucial for the role's responsibilities.

✨Tip Number 4

Prepare to discuss your leadership experiences and how you've driven financial performance in previous roles. Be ready to share specific examples that highlight your problem-solving skills and ability to work with stakeholders.

We think you need these skills to ace Risk Selection Manager (Standard Broker Motor)

Financial Modelling
Data Analysis
Statistical Modelling
SQL
Python
Risk Assessment
Portfolio Management
Communication Skills
Stakeholder Management
Problem-Solving Skills
Attention to Detail
Leadership Skills
Knowledge of UK Insurance Markets
Regulatory Compliance
Business Acumen

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk selection and management, particularly within the motor insurance sector. Use specific examples that demonstrate your expertise in financial modelling and data analysis.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in finance or actuarial science aligns with the responsibilities of a Risk Selection Manager, and mention any relevant certifications you hold.

Highlight Technical Skills: Clearly outline your proficiency in tools like SQL, Python, and WTW Radar. Provide examples of how you've used these skills to drive financial performance or improve compliance in previous roles.

Showcase Leadership Experience: If you have experience leading teams or projects, make sure to include this in your application. Highlight specific instances where your leadership contributed to successful outcomes, especially in challenging situations.

How to prepare for a job interview at Allianz Management Services Ltd

✨Understand the Role Thoroughly

Before your interview, make sure you have a solid grasp of what a Risk Selection Manager does. Familiarise yourself with the responsibilities outlined in the job description, especially around profitability and compliance in the UK motor insurance market.

✨Showcase Your Technical Skills

Be prepared to discuss your proficiency in financial modelling, data analysis, and statistical tools like SQL and Python. Highlight any relevant experience you have with WTW Radar, as this will be crucial for predicting outcomes in pricing and underwriting.

✨Demonstrate Strong Communication Skills

Since the role involves interacting with various stakeholders, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated complex data insights in previous roles.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities and decision-making skills. Think of scenarios where you had to analyse data, recommend changes, or lead a team through challenges, and be ready to discuss the outcomes.

Risk Selection Manager (Standard Broker Motor)
Allianz Management Services Ltd
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