Senior Delegated Authority Underwriter in Chelmsford

We’re thrilled to offer an exciting opportunity for a dynamic and experienced Senior Delegated Authority Underwriter to join our team. This is a hybrid position and will require travel to either our Chelmsford or London offices.

As our Senior Delegated Authority Underwriter, you will focus on running and managing delegated authority schemes arrangements. You’ll play a pivotal role in shaping and delivering our underwriting strategy for our non-standard motor book of business. You'll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK. Our team values continuous learning, you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.

Salary Information

Pay: Circa £45,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

As the Senior Delegated Authority Underwriter, you will be responsible for:

• Assisting the Underwriting manager to develop underwriting strategy in collaboration with the pricing managers.
• Monthly reviews of delegated authority performance.
• Evaluating new schemes opportunities.
• Using technical knowledge and awareness of customer needs to identify opportunities and threats.
• Monitoring market, technology and data developments, customer feedback and product performance MI.
• Maintain and update product specifications to ensure accuracy and compliance.
• Refresh rate charts regularly for up-to-date pricing information.
• Manage product updates to keep offerings current and competitive.
• Making a cross-product and cross-functional view, identifying opportunities to improve the process.

Essential Skills

We don't expect you to know everything from day one, but the following will enable you to hit the ground running:

• Experience in underwriting, product development or relevant technical experience.
• Interpret MI and analysis effectively, using data to spot risks, opportunities and recommend solutions.
• Experience with delegated authority or schemes arrangements.
• Understand underwriting appetite and governance.
• Skilled in stakeholder and project management.
• Clear communication skills reporting and presentation skills.
• Spot risks and opportunities, recommend solutions.

Desirable Skills

• Responsible Artificial Intelligence usage.

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.

Integrity, Fairness, Inclusion & Trust

At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer. We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success. We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.

Join us - Let’s Care for Tomorrow.