Senior Underwriter - Political Violence & Terrorism in London

Senior Underwriter - Political Violence & Terrorism in London

London Full-Time 63000 - 77000 £ / year (est.) Home office (partial)
Allianz Commercial

At a Glance

  • Tasks: Underwrite complex accounts and develop innovative insurance solutions for political violence and terrorism.
  • Company: Join Allianz Commercial, a leader in risk assessment and insurance solutions.
  • Benefits: Enjoy a competitive salary, generous bonuses, and flexible working arrangements.
  • Other info: Inclusive culture with opportunities for career growth and lifelong learning.
  • Why this job: Make a real impact in a dynamic field while shaping the future of insurance.
  • Qualifications: 5 years' experience in PVT, strong risk assessment skills, and excellent communication.

The predicted salary is between 63000 - 77000 £ per year.

We are looking for a Senior Underwriter to underwrite PVT business, based in London.

Your Team

The Political Violence and Terrorism team at Allianz Commercial, is a specialist unit that provides expert risk assessment, underwriting, and insurance solutions for businesses exposed to political violence, terrorism, civil unrest, and war perils globally.

The team offers comprehensive coverage including standalone terrorism and sabotage insurance, strikes, riots and civil commotion (SRCC) insurance, and full political violence policies covering war on land, civil war, political subversion, and political intimidation.

Operating across more than 200 countries and territories through the Allianz Group network, the team delivers bespoke solutions — including property damage, business interruption, contingent business interruption, denial of access, event cancellation, and third-party terrorism liability — tailored to each client’s unique risk footprint rather than a "one size fits all" approach.

The team also provides market‑leading risk consulting, including analysis of geopolitical trends, social resilience, and emerging threats such as gray‑zone sabotage, drone incursions, and lone‑wolf terrorism, helping clients safeguard their people, property, and operations in an increasingly volatile world.

The Impact You Will Have

In this role, you will directly drive top and bottom line performance by underwriting large, complex accounts with commercial confidence and strong risk judgement.

Your established market relationships will accelerate new business acquisition and retention, while your credibility will enhance Allianz Commercial's profile against competitors.

You will shape portfolio strategy through product development insight, smart capacity management, and data‑driven decision‑making — and you will elevate the wider team by mentoring junior colleagues and raising collective market visibility.

  • Some Of Your Specific Responsibilities Could Include
  • Underwrite large new and renewal accounts to meet top and bottom line targets.
  • Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity.
  • Provide expert underwriting perspective in the development of new insurance products, responding to client need or emerging risks in the marketplace.
  • Underwrite in line with the PVT governance framework - e. g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
  • Proactively support acquisition of new business and retention of existing business.
  • Positively represent Allianz Commercial externally to the market and encourage more junior team members to raise their own profile and that of the team.
  • What You’ll Bring To The Role
  • About 5 years’ proven experience in the PVT marketplace, either in underwriting or broking.
  • Strong understanding of risk assessment, insurance program structure design, and contract wordings.
  • Ideally CII/CPCU qualified or working towards it.
  • Recognised relationships with clients and brokers at peer group level and well‑established within your reference market.
  • Excellent communication and influencing skills.
  • Specialised understanding of regional/national PVT insurance markets and the competitor landscape.
  • Ability to negotiate effectively achieving the best outcome for the portfolio while maintaining positive business relationships with your clients and brokers.
  • Ability to leverage data and analytics to make business more efficient and effective.
  • Good understanding of the legal and regulatory framework.
  • Ability to design, develop and implement consistent, robust wordings for contracts.
  • You should be able to integrate AI‑driven insights into your work to optimize outcomes and support broader organizational goals.
  • Ability to work in a global matrix organization.
  • Fluent English skills, with any other languages being advantageous.
  • A willingness to learn and explore how AI can enhance your role and the broader organization is expected.
  • | 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.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all.

And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us.

Let's care for tomorrow.

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

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Senior Underwriter - Political Violence & Terrorism in London employer: Allianz Commercial

Allianz Commercial is an excellent employer, offering a dynamic work environment in the heart of London and Toronto. With a strong focus on employee growth, you will benefit from a hybrid working model, competitive salary, and comprehensive benefits, all while being part of a collaborative culture that values innovation and excellence in the financial services sector.

Allianz Commercial

Contact Details:

Allianz Commercial Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter - Political Violence & Terrorism in London

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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We think you need these skills to ace Senior Underwriter - Political Violence & Terrorism in London

Underwriting
Risk Assessment
Insurance Program Structure Design
Contract Wordings
Negotiation Skills
Data Analytics
Market Relationship Management

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.