Underwriter Property (m/f/d)

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 an Underwriter Property (m/f/d), based in London.

Your Team

Joining the UK Property team in London means becoming part of a dynamic and collaborative group of professionals dedicated to excellence in the property sector. Our team thrives on innovation and teamwork, and we take pride in our diverse expertise and shared commitment to success. You will work alongside talented colleagues who support each other and drive the business forward, writing both large corporate multinational lead business and wholesale international business in the vibrant London Market. Together, we foster a culture of mutual respect, continuous learning, and a passion for delivering outstanding results for our clients.

The Impact You Will Have

As a key member of our team based in London, you will directly contribute to our success by underwriting profitable new and renewal business to achieve our Property Line of Business targets. Your role will involve negotiating participation, pricing, and terms and conditions, ensuring that we remain competitive and meet our goals. You will take ownership of accounts and clients, fostering strong relationships with both existing and new brokers and clients. Your efforts will help us build lasting partnerships and drive our business forward.

• You will underwrite new and renewal accounts to achieve top and bottom-line targets.
• You will negotiate participation, pricing, and terms and conditions with brokers.
• You will manage capacity and evaluate capacity aggregations, including Natural Catastrophe Accumulation.
• You will ensure underwriting aligns with the Line of Business governance framework.
• You will achieve contract certainty and utilize global pricing tools for all accounts.
• You will handle policy documentation and file maintenance accurately and efficiently.
• You will support policy administration, credit control processes, and business acquisition.
• You will drive involvement of functional areas in the underwriting process and liaise with MMC on market initiatives.
• You will develop strong relationships with brokers, clients, and train less experienced staff.

What You’ll Bring to the Role

• You have a CII qualification or equivalent or are working towards it.
• You have at least 5 years of experience in underwriting, brokerage, or risk management within the property sector.
• You have experience in the London Market.
• You have expertise in risk assessment and management, with the ability to evaluate exposures and natural hazards in the Property Line of Business.
• You have skills in pricing and market management, analyzing performance against benchmarks and understanding market operations.
• You have proficiency in contract drafting and interpretation, ensuring consistent and robust wordings.
• You have a strong understanding of the policy management life cycle, including administration, issuance, and credit control.
• You have excellent communication skills to express ideas clearly and build relationships at all levels.
• You have influencing skills to persuade and motivate others effectively.
• You have analytical skills to absorb, analyze, and draw conclusions from diverse information sources.
• You are willing to learn and explore how AI can enhance your role, and the broader organization is expected.

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 recognizes 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 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.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other characteristics protected under applicable local laws and regulations. Diversity of thinking is an important part of our culture.

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. When we do use agencies, we have a PSL in place, so please do not contact managers directly.