At a Glance
- Tasks: Join our team to analyse and enhance home and travel product underwriting.
- Company: Allianz, a leading global insurance brand with a focus on innovation.
- Benefits: Flexible working, competitive salary, training opportunities, and discounts on insurance products.
- Why this job: Make a real impact in risk selection while developing your skills in a supportive environment.
- Qualifications: Passion for data analytics and some experience in underwriting or pricing.
- Other info: Hybrid role with excellent career growth and a commitment to inclusivity.
The predicted salary is between 28000 - 42000 ÂŁ per year.
We are looking for a Risk Selection Analyst to join a newly created Home Risk Selection team within the Retail Portfolio Pricing and Underwriting team. This is a hybrid role and can be worked from one of our offices in London, Birmingham, Leeds or Bournemouth.
We’re excited to bring together the disciplines of pricing and portfolio underwriting into one Retail Portfolio Pricing and Underwriting team. The team will be responsible for direct home and travel products under the Allianz brands. The team will be multi-skilled in pricing, underwriting and data analytics.
You will 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 ÂŁ35,000 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
In this role you will:
- Support the Management of the underwriting rules/footprint for home and travel products.
- Analyse opportunities to expand or contract the underwriting footprint.
- Monitor quotability and report on KRIs relating to footprint.
- Create proposals to change underwriting rules.
- Implement changes to the underwriting rules within Radar Live.
- Identify opportunities to adjust the claims cost prediction models where they are less credible.
- Perform actual versus expected claims monitoring process to detect segments where emerging claims information is significantly different from expectation.
- Carry out “deep dives” into certain niches and recommend changes to the technical cost models based on your analysis and insight.
- Support the development of underwriting capability on home products.
Essential Skills
We don’t expect you to know everything from day one, but the following will enable you to hit the ground running:
- True expert and an advocate for change and innovation.
- Demonstrate the Retail Risk Selection team’s value to the business.
- Can use judgement to assess underwriting risks in new or unusual segments.
- Sound commercial proposals.
- Keeps track of the competition.
- Invested in data analytics and statistics.
Expert in at least one of:
- Underwriting guides and rules, product structures and coverage.
- Pricing.
- Data analytics and statistics.
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. Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Matthew Mckevitt.
We reserve the right to close the advert early if we reach enough applications.
Closing date: 27/01/26
Home Risk Selection Analyst in London employer: Allianz Management Services Ltd
Contact Detail:
Allianz Management Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Home Risk Selection Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Allianz. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your data analytics and underwriting knowledge. Be ready to discuss how you can bring innovation to the team and make a real impact.
✨Tip Number 3
Show your passion for continuous learning! Mention any relevant courses or training you've done, especially if it relates to pricing or risk selection. It’ll show you’re committed to growing with us.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Allianz family.
We think you need these skills to ace Home Risk Selection Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Home Risk Selection Analyst role. Highlight your experience in underwriting, pricing, and data analytics, as these are key skills we’re looking for. Don’t just list your duties; show how you’ve made an impact in previous roles!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills align with our team’s goals. We love seeing enthusiasm and a bit of personality, so don’t hold back!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to include examples of how you’ve used data to drive decisions or improve processes in your past work. We want to see your analytical mindset in action!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Allianz Management Services Ltd
✨Know Your Numbers
As a Home Risk Selection Analyst, you'll be dealing with data analytics and statistics. Brush up on your numerical skills and be prepared to discuss how you can use data to assess underwriting risks. Bring examples of how you've used data in past roles to make sound commercial proposals.
✨Understand the Underwriting Landscape
Familiarise yourself with underwriting guides and rules, especially those relevant to home and travel products. Be ready to discuss how you would approach changing underwriting rules based on market trends or competition. Showing that you can think critically about these aspects will impress your interviewers.
✨Show Your Passion for Innovation
The team values change and innovation, so come prepared with ideas on how to improve existing processes or introduce new ones. Think about how you can blend pricing and underwriting skills to create value for the business. Your enthusiasm for continuous learning and improvement will resonate well.
✨Ask Insightful Questions
Prepare thoughtful questions that demonstrate your interest in the role and the company. Inquire about the team's approach to monitoring claims cost prediction models or how they implement changes in Radar Live. This shows you're not just interested in the job, but also in contributing to the team's success.