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- Tasks: Join us as a Portfolio Underwriter, analysing products and building relationships with customers.
- Company: Allianz is a leading global insurance brand, committed to innovation and diversity.
- Benefits: Enjoy flexible working, generous study packages, and access to top training platforms.
- Why this job: Enhance your skills in a supportive environment while making a real impact in the insurance industry.
- Qualifications: Strong analytical skills, experience in insurance, and proficiency in SQL or similar coding languages required.
- Other info: We prioritise diversity and offer tailored support for neurodivergent and disabled candidates.
The predicted salary is between 36000 - 60000 £ per year.
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Allianz Personal Broker have a new opportunity for a Portfolio Underwriter, you can work from our Birmingham or London offices on a hybrid basis.
As our Portfolio Underwriter, you will contribute towards the delivery of Key Performance Indicators (KPIs), through the underwriting and analysis of relevant products in the market, whilst maintaining technically excellent standards and building up relationships with both internal and external customers.. Our Portfolio Underwriters handle complex portfolios, upholding underwriting authority at all times and delivering excellent service to our customers.
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 is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You
- Having responsibility of a set of key brokers, UW rules as well as data analytics and reporting
- Managing the constant review of the shape and quality of incoming business. Ensure that Pricing/Underwriting integrity is maintained.
- Managing the use of statistical information to identify brokers that are performing well or poorly and prepare and present recommendations within our Trading meetings
- Attending strategic account management meetings with our brokers
- Liaising with all other appropriate internal parties including Sales and Distribution, Pricing and Reporting, Claims and Operations.
- Understanding of the skills and tools required for effective Pricing and Underwriting, and has the ability to use these key skills to write risks profitably.
- Strong statistical data interpretation aptitude and skills
- Good command of SQL or similar coding languages
- Full working knowledge of Microsoft Word, Excel, and Outlook.
- Experience of working within a general insurer environment with proven experience of personal responsibility for portfolio management and evidence of managing the appropriate performance KPIs.
- Understanding of the key elements of regulation and legislation that exist within the general insurance market place.
- Account management / able to liaise and negotiate with both internal and external stakeholders
- Experience of Willis Towers Watson software such as Radar
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
- Annual performance related bonus
- Contributory pension scheme
- A discount up to 50% on a range of insurance products including car, home and pet
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.
Diversity & Inclusion
At Allianz, we prioritise diversity and inclusion, 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.
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Portfolio Underwriter employer: Allianz Management Services Ltd
Contact Detail:
Allianz Management Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Underwriter
✨Tip Number 1
Familiarise yourself with Allianz's values and culture. Understanding their commitment to diversity, inclusion, and continuous learning will help you align your approach during interviews and discussions.
✨Tip Number 2
Brush up on your SQL and data analysis skills. Since the role requires strong statistical data interpretation, showcasing your proficiency in these areas can set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of Allianz, especially those in underwriting roles. They can provide valuable insights into the company’s expectations and the nuances of the Portfolio Underwriter position.
✨Tip Number 4
Prepare to discuss your experience with portfolio management and KPIs in detail. Be ready to share specific examples of how you've successfully managed portfolios and contributed to performance metrics in previous roles.
We think you need these skills to ace Portfolio Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting and portfolio management. Emphasise your skills in data analytics, SQL, and any experience with software like Radar, as these are crucial for the Portfolio Underwriter role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of Allianz's commitment to continuous learning and diversity that resonate with you, and explain how your background aligns with their values.
Highlight Key Achievements: When detailing your work experience, focus on quantifiable achievements related to KPIs and portfolio management. Use metrics to demonstrate your success in previous roles, such as improvements in underwriting accuracy or broker performance.
Showcase Your Soft Skills: Allianz values strong relationships with internal and external stakeholders. Highlight your communication and negotiation skills, providing examples of how you've successfully managed accounts or collaborated with teams in the past.
How to prepare for a job interview at Allianz Management Services Ltd
✨Understand the Role Thoroughly
Before your interview, make sure you have a solid understanding of what a Portfolio Underwriter does. Familiarise yourself with key responsibilities such as managing portfolios, maintaining underwriting integrity, and using statistical data for decision-making.
✨Showcase Your Analytical Skills
Since the role involves significant data analysis, be prepared to discuss your experience with statistical data interpretation and tools like SQL. Bring examples of how you've used these skills in previous roles to improve performance or make informed decisions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making process. Prepare scenarios where you had to manage complex portfolios or negotiate with brokers, highlighting your approach and the outcomes.
✨Emphasise Continuous Learning
Allianz values continuous learning, so express your enthusiasm for professional development. Mention any relevant courses or certifications you’ve pursued, and be ready to discuss how you plan to enhance your skills further, especially in underwriting and risk management.
