At a Glance
- Tasks: Support portfolio management and data analysis for global construction projects.
- Company: Join Allianz, a leader in international industrial insurance.
- Benefits: Enjoy hybrid work, competitive pay, bonuses, and health perks.
- Other info: Embrace a culture of learning and international collaboration.
- Why this job: Make an impact in a dynamic team shaping global infrastructure.
- Qualifications: Analytical skills, attention to detail, and proficiency in Excel and SQL required.
The predicted salary is between 30000 - 40000 € per year.
We are looking for a Junior Underwriting Analyst - Allianz Commercial Underwriting - based in London.
Your Team
The AGCS Global Construction Team manages our global portfolio of construction risks. Within a CUO team of Global, Product and Regional leaders located around the world, we grow and shape our portfolio of large construction projects and major contractors’ annual policies. Our clients build the world’s infrastructure and transport systems, and grow and renew our energy and industrial assets. We are market leaders in all aspects of large construction and we work with industry experts to add value to our brokers, our clients and their projects.
The Impact You Will Have
Reporting to the Global Head of Construction and working alongside our Senior Underwriting Portfolio Analyst, you will join the team as a Junior Underwriting Analyst responsible for the preparation and interpretation of portfolio data. You will support the work of other team members and participate in daily interactions with the Global Head of Construction and colleagues in Underwriting, Finance, Portfolio Steering, Pricing, Distribution, and Marketing.
Responsibilities
- Support, prepare and coordinate reporting and portfolio management tasks across countries, regions and sub-lines of business, including several technical excellence initiatives.
- Complete ad-hoc requests in a timely, reliable and independent manner.
- Drive and optimise the flow of data quality to support better portfolio steering.
- Take charge of best practices, project steering and change requests.
- Work in close alignment with the business project lead and AGCS stakeholders to translate and implement business requirements into technical requirements and generate business value.
- Represent the Line of Business/Underwriter in respect of global (IT) systems and processes.
Qualifications
- Experience in international industrial insurance and / or reinsurance.
- Experience in analytical, numerical, and adaptive problem solving tasks using a logical and methodological approach.
- Experience in communicating results to stakeholders.
- Ability to multitask with a focus on effective use of one's own resources, managing tasks and priorities under tight deadlines.
- Proficient in analysing global processes, identifying, addressing, and implementing efficiency potential.
- Strong attention to detail and ability to work independently.
- Outstanding communication and collaboration skills.
- Ability to work in an international environment, respecting time-zones and differing working cultures.
- Excellent tertiary qualification (preferably a Master's) in the area of analytics or business.
- Advanced skills in MS Excel and SQL; Python knowledge is a bonus.
- Willingness to learn and explore how AI can enhance the role and the broader organization.
- Fluent English; other languages advantageous.
Benefits
We offer a hybrid working model, flexible arrangements, a generous compensation and benefits package that includes a bonus scheme and pension, career development through digital learning and international mobility, and support for flexible working, health and wellbeing, including private healthcare and generous parental leave benefits.
Equal Employment Opportunity
We therefore welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, social class, disability, sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Junior Underwriting Analyst employer: Allianz Commercial
Allianz Commercial is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the global construction insurance sector. Based in London, employees benefit from a hybrid working model, generous compensation packages, and extensive career development opportunities, including international mobility and digital learning. With a strong commitment to employee wellbeing and inclusivity, Allianz provides a supportive environment where individuals can thrive and contribute to shaping the future of infrastructure and energy projects worldwide.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Underwriting Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Allianz or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by researching common questions for Junior Underwriting Analysts. Practice your answers, focusing on your analytical skills and how you handle tight deadlines. Confidence is key!
✨Tip Number 3
Show off your skills! If you have experience with MS Excel, SQL, or even Python, be ready to discuss specific projects where you used these tools. Real examples make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Junior Underwriting Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Junior Underwriting Analyst role. Highlight relevant experience in international industrial insurance and any analytical skills you possess. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of data interpretation, make sure to showcase your analytical abilities. Mention any experience with MS Excel, SQL, or Python, and how you've used these tools to solve problems in the past.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Allianz Commercial
✨Know Your Numbers
As a Junior Underwriting Analyst, you'll be dealing with a lot of data. Brush up on your analytical skills and be ready to discuss how you've used data in past experiences. Be prepared to explain your thought process when interpreting portfolio data.
✨Showcase Your Communication Skills
You'll need to communicate results to various stakeholders, so practice articulating complex ideas clearly and concisely. Think of examples where you successfully communicated findings or collaborated with others, especially in an international context.
✨Familiarise Yourself with the Industry
Do some homework on Allianz and the global construction insurance market. Understand current trends and challenges in the industry. This will not only show your interest but also help you ask insightful questions during the interview.
✨Demonstrate Your Problem-Solving Skills
Prepare to discuss specific instances where you've tackled analytical or numerical problems. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your logical approach to problem-solving.
