Regional Head of Property in London

Let’s care for tomorrow. Your ambitions. Your dreams. Your tomorrow.

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Regional Head of Property, UK, based in London.

The Impact You Will Have

Based in London and reporting directly to the Director UK Global & Specialty you will be in charge of developing and executing the regional strategy for Large Corporate Property in the UK business. Our Property business includes Political Violence and Terrorism. In this role, you will manage the Regional Property team and portfolio to ensure the successful achievement of the global targets.

With strong ties to the Global Head of Property you will also support the global strategy to ensure the successful achievement of Allianz Commercial targets. This is a market facing position and you will be the main contact person for brokers and clients working with the Property team in the region, jointly with Market Management.

Some of your specific responsibilities could include:

• Lead and manage the regional underwriting team including direct reports and matrix management of functional reports.
• Ensure underwriters comply with underwriting strategy, appetite, authority and pricing strength.
• Support the development of the Global Underwriting strategy, in line with the Global Chief Underwriting Office.
• Steer and control the regional business portfolio to drive achievement of financial targets.
• Proactively liaise with functional areas to review performance of end-to-end underwriting life cycle.
• Work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross-selling.
• Ensure underwriting consistency and underwriting discipline and adherence to all corporate guidelines and authority levels, including Rules and Principles, Underwriting Authorities, corporate governance rules, and local regulatory framework.
• Proactively support the development and implementation of new and/or modified products.
• Maintain executive contacts and accompany the underwriting of all core or strategic accounts.
• Support the acquisition of new business and retention of existing business (including client and broker negotiations where necessary).
• Coordinate with local market management to drive successful execution of strategic plan.
• Communicate local business strategy externally.
• Represent Allianz Commercial internally within the Allianz Group, and externally to the market.
• Drive involvement of Market Management, Risk Consulting and Claims in Underwriting process.
• Prepare and manage budget within plan.

What You’ll Bring to the Role

• Degree in Business, Law, Mathematics, Actuarial Science, or other appropriate discipline, or qualified by experience.
• At least 10 years’ experience in underwriting or pricing of profitable Property lines business for corporate clients.
• Expert knowledge of the London market.
• Strong working relationships with UK property brokers in the large corporate segment.
• Proven successful leadership skills.
• Expertise in risk assessment and a firm understanding of policy administration life cycle.
• Sound knowledge of pricing, together with strong market analysis skills.
• Sound knowledge of portfolio management and firm understanding of property reserving practices.
• Sound knowledge in designing, developing, and implementing consistent and robust wordings.
• Strong communication skills.
• Ability to work in an international matrix organization.
• Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.
• Fluent English.

What’s in it for you?

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognises the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

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.

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.

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.

Allianz Commercial is the centre 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 matter, 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.

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.