Find a job 
Featured Companies 
Featured Universities 
For Companies 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 a commitment to diversity and inclusion.
- Benefits: Enjoy flexible working options, performance bonuses, and discounts on insurance products.
- Why this job: Be part of a dynamic team driving financial performance and innovation in a supportive environment.
- Qualifications: Bachelor's degree in finance or related field; experience in data analysis and insurance markets preferred.
- Other info: We support neurodiversity and offer tailored adjustments for candidates with disabilities.
The predicted salary is between 56000 - 84000 £ per year.
Client:
Location:
London, United Kingdom
Job Category:
Other
Job alert service
–
EU work permit required:
Yes
Job Reference:
3cea6cddb998
Job Views:
3
Posted:
18.07.2025
Expiry Date:
01.09.2025
Job Description:
Role Description
Job alert service
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
#J-18808-Ljbffr
Risk Selection Manager (Standard Broker Motor) employer: Allianz Management Services Ltd
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. Understanding current trends, regulations, and key players will help you engage in informed discussions during interviews and demonstrate your industry knowledge.
✨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 lead to referrals or insider information about the role.
✨Tip Number 3
Brush up on your data analysis skills, particularly with tools like SQL and Python. Being able to showcase your proficiency in these areas during interviews can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your leadership experiences and how you've driven financial performance in previous roles. Be ready to provide specific examples of how you've successfully managed teams and influenced decision-making processes.
We think you need these skills to ace Risk Selection Manager (Standard Broker Motor)
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 keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role of Risk Selection Manager. Mention specific skills such as financial modelling and data analysis, and how they relate to the responsibilities outlined in the job description.
Showcase Your Technical Skills: Emphasise your proficiency in tools like SQL, Python, and WTW Radar. Provide examples of how you've used these skills in previous roles to drive financial performance or improve compliance.
Highlight Leadership Experience: Discuss any past leadership roles or experiences where you successfully managed teams or projects. This is crucial as the role requires strong leadership skills to drive performance and ensure compliance.
How to prepare for a job interview at Allianz Management Services Ltd
✨Know Your Numbers
As a Risk Selection Manager, you'll need to demonstrate your proficiency in financial modelling and data analysis. Brush up on key statistics and be prepared to discuss how you would apply these in real-world scenarios, especially in relation to the UK motor insurance market.
✨Showcase Your Stakeholder Skills
Building relationships is crucial in this role. Be ready to share examples of how you've successfully collaborated with stakeholders in the past. Highlight your communication skills and how you've used them to influence decisions or drive projects forward.
✨Prepare for Technical Questions
Expect questions that test your understanding of statistical models and pricing strategies. Familiarise yourself with tools like SQL and Python, and be prepared to discuss how you've used them in previous roles to analyse data and make informed recommendations.
✨Demonstrate Leadership and Resilience
The role requires strong leadership skills and the ability to handle challenges. Prepare to discuss situations where you've led a team or project, particularly in high-pressure environments. Show how you can accept feedback and adapt your strategies accordingly.
