At a Glance
- Tasks: Lead trading operations and drive business growth in personal lines.
- Company: Join Allianz Commercial, a diverse and inclusive employer.
- Benefits: Enjoy flexible working, competitive salary, and career development opportunities.
- Other info: Hybrid work model with a focus on work-life balance and inclusivity.
- Why this job: Make a real impact in a dynamic role with global career prospects.
- Qualifications: Strong analytical skills and experience in strategic planning required.
The predicted salary is between 60750 - 74250 £ per year.
This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Role Description
The Broker Head of Trading in personal lines is responsible for optimising trading operations, ensuring alignment with strategic objectives and driving business growth. You will oversee market analysis, managing performance, guiding distribution efforts, and coordinating cross-functional activities to enhance profitability and efficiency across our Personal Motor Portfolio. This is a hybrid role from our London office and you'll be required to come into the office at least once per week.
Salary Information
Pay: Circa £80,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
Key Accountabilities
- Performance vs Plan
- Monitor trading activities against strategic plans and objectives
- Analyse performance metrics to ensure targets are met and identify areas for improvement
- Report on trading performance to senior management, providing insights and recommendations
- Forecasting
- Assess market conditions and internal capabilities
- Collaborate with relevant teams to ensure forecasts are realistic and achievable
- Adjust strategies as needed based on forecast analysis
- Product Trading Strategy
- Develop and implement trading strategies to maximise market penetration and profitability
- Continuously evaluate and refine strategies based on market feedback and performance data
- Guide Distribution on Target Opportunities
- Ensure alignment between trading strategies and distribution efforts to optimise market reach
- Opportunity Triage Coordination
- Coordinate the assessment and prioritisation of trading opportunities
- Work with cross-functional teams to ensure timely and effective response to market opportunities
- Pricing, Underwriting & Bridge
- Serve as a liaison between pricing, underwriting and distribution teams cohesive strategies
- Facilitate communication and collaboration to align objectives and optimise outcomes
- Expense & Commission Ratio Management
- Monitor and manage expense and commission ratios to ensure cost-effectiveness and profitability
- Implement strategies to optimise financial performance while maintaining competitive positioning
Experience
- Analytical Skills: Strong ability to analyse complex data sets, performance metrics, and market conditions to derive actionable insights and inform strategies
- Strategic Planning: Experience in developing and implementing strategic plans, particularly those related to market penetration, profitability, and sales
- Financial Acumen: Understanding of financial performance metrics, expense/commission ratios, and cost management
- Communication & Collaboration: Excellent communication skills to report findings to senior management and coordinate effectively with cross-functional teams (e.g., pricing, underwriting, distribution)
- Negotiation & Influencing: Ability to serve as a liaison and align objectives among different departments.
- Problem-Solving: Skill in identifying areas for improvement, assessing market opportunities, and adjusting strategies as needed
- Knowledge of Broker Personal Motor Products and Distribution
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
- Hybrid working
- Annual performance related bonus
- Contributory pension scheme
- Development days
- A discount up to 50% on a range of insurance products including car, home and pet
- Retail discounts
- Volunteering days
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.
Inclusive Support & Accessibility
At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that's assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We're here to support you.
If you have a disability or long‑term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme. Contact our Resourcing team to opt into this scheme or for any assistance with during the recruitment process including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Matthew Mckevitt
Closing date 11/09/26. We reserve the right to close the advert early if we reach enough applications.
#LI-Hybrid 105254 | Sales & Distribution | Professional | Non-Executive | Allianz UK | Full-Time | Permanent.
Join us - Let's Care for Tomorrow.
Head of Trading employer: Allianz Commercial
Allianz Commercial is an exceptional employer, offering a dynamic work environment in the heart of London where finance professionals can thrive. With a strong emphasis on employee growth and development, you will have access to extensive training opportunities and be part of a collaborative global finance community that values innovation and informed decision-making. The company's commitment to fostering a supportive culture ensures that your contributions are recognised and rewarded, making it a truly rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Trading
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
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✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Allianz Commercial. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of Trading
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Allianz Commercial.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Allianz Commercial. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Allianz Commercial
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Allianz Commercial to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Allianz Commercial, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Allianz Commercial's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
