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For Companies At a Glance
- Tasks: Underwrite new and renewal Marine Hull business while building strong client relationships.
- Company: Allianz Commercial is a leading global Marine insurer with unmatched capabilities.
- Benefits: Enjoy hybrid working, competitive pay, bonuses, and lifelong learning opportunities.
- Why this job: Join a supportive team focused on innovation and making a positive impact in the industry.
- Qualifications: Experience in Marine underwriting and strong analytical skills are essential.
- Other info: Diversity is valued; all backgrounds are encouraged to apply.
The predicted salary is between 28800 - 48000 £ per year.
This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.
We are looking for an Underwriter or Senior Underwriter Marine Hull, based in London.
Your Team
Allianz Commercial is one of the largest Marine insurers in the world with a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.
The Impact You Will Have
Joining the Marine team in London and on our Lloyd\’s box, you will take prime responsibility for underwriting profitable new and renewal business to meet the Marine Hull targets in accordance with underwriting guidelines and underwriting authority. Reporting to the Head of Marine, London you will negotiate pricing and terms and conditions, own accounts/clients, while developing and maintaining strong relationships with producers and clients in partnership with Market Management.
Some of your specific responsibilities could include:
- Support the successful execution of the Marine business plan.
- Underwrite new and renewal business.
- Demonstrate in-depth technical expertise and lead capabilities.
- Negotiate participation, pricing and terms and conditions with clients and brokers.
- Analyse the existing portfolio to ensure long-term profitability.
- Establish and strengthen relationships with key stakeholders.
- Contribute to the development of regional Underwriting strategy for Marine.
- Actively drive involvement of functional areas in Underwriting process, including Distribution, Risk Consulting, Claims, Operations, etc.
- Present in team and divisional meetings.
- Collaborate on ad-hoc projects in a small and friendly team.
What You\’ll Bring to the Role
- Significant experience in Underwriting profitable business in the Marine market in London.
- Well recognized established relationships with brokers at peer group level and well established within the Marine Hull market.
- Excellent analytical skills with the ability to analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs.
- Commercial acumen and a demonstrated ability to learn and mentor technical Underwriting skills.
- Strong understanding of legal and regulatory framework.
- Excellent communication and ability to create relationships and communicate clearly at all levels and with a wide range of people.
- Ability to influence and motivate others to act, without executive authority.
- Ability to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.
- Experience working in a complex global matrix organization.
- Strong team player aligned with Allianz\’s culture of inclusion.
- Preferably a degree in Economics, Law, or other appropriate discipline.
- Ideally, completion of professional insurance qualification (e.g. CII).
77837 | Underwriting | Professional | 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.
Allianz is an equal opportunity employer, and therefore welcomes applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other characteristics protected under applicable local laws and regulations. Diversity of thinking is an important part of our culture.
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 agcsglobalcareers@allianz.com
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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Underwriter / Senior Underwriter Marine Hull employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter / Senior Underwriter Marine Hull
✨Tip Number 1
Network with professionals in the Marine Hull insurance sector. Attend industry events, webinars, or local meetups to connect with brokers and other underwriters. Building these relationships can give you insights into the company culture and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with Allianz's specific underwriting guidelines and recent developments in the Marine market. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the company.
✨Tip Number 3
Prepare to discuss your analytical skills and how you've applied them in previous roles. Be ready to provide examples of how you've successfully assessed risks and made profitable underwriting decisions in the Marine sector.
✨Tip Number 4
Showcase your ability to work collaboratively within a team. Allianz values strong team players, so be prepared to share experiences where you've effectively collaborated with others to achieve common goals, especially in complex environments.
We think you need these skills to ace Underwriter / Senior Underwriter Marine Hull
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in marine underwriting. Focus on your analytical skills, relationship-building abilities, and any specific achievements in the marine market that align with the job description.
Craft a Compelling Cover Letter: In your cover letter, express your passion for marine underwriting and how your background makes you a perfect fit for Allianz Commercial. Mention your understanding of the legal and regulatory framework and your ability to negotiate effectively.
Showcase Your Technical Expertise: Provide examples of your technical expertise in underwriting, particularly in marine hull. Discuss how you've successfully underwritten profitable business and contributed to strategic initiatives in previous roles.
Highlight Your Communication Skills: Emphasise your excellent communication skills in both your CV and cover letter. Provide examples of how you've built relationships with brokers and clients, and how you've influenced others in a team setting.
How to prepare for a job interview at Allianz
✨Showcase Your Marine Expertise
Make sure to highlight your significant experience in underwriting within the Marine market. Be prepared to discuss specific cases where you've successfully underwritten profitable business, as this will demonstrate your technical expertise and understanding of the industry.
✨Build Rapport with Brokers
Since established relationships with brokers are crucial for this role, come ready to discuss how you've built and maintained these connections in the past. Share examples of how these relationships have positively impacted your underwriting decisions.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical skills by discussing how you've previously analysed performance against benchmarks. Be ready to explain how you apply market insights to meet business and customer needs, as this is key for the role.
✨Communicate Clearly and Confidently
Effective communication is vital in this position. Practice articulating your thoughts clearly and confidently, especially when discussing complex topics like pricing and terms. This will help you convey your ideas effectively during the interview.
