At a Glance
- Tasks: Join our team as a Property & Casualty Underwriter, building broker relationships and managing policies.
- Company: Allianz is the world's number one insurance brand, committed to innovation and diversity.
- Benefits: Enjoy flexible working, generous bonuses, and discounts on insurance products.
- Why this job: Gain valuable skills through training platforms and mentorship while making an impact in the insurance industry.
- Qualifications: Experience in underwriting and strong communication skills are essential; CII qualification preferred.
- Other info: We support diverse candidates and offer tailored adjustments for success.
The predicted salary is between 32000 - 48000 £ per year.
An exciting opportunity has arisen for a Property & Casualty Underwriter to join our growing and successful team in London (hybrid). Our Underwriters are at the forefront of key broker relationships and your role and skillset will be dedicated to the continued development of our ever-growing account through the retention of existing business and a hunger to write and win new business.
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 £40,000 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 Property and Casualty Underwriter, your responsibilities will include:
- Building strong relationships with brokers, negotiating effectively, and providing excellent customer service at all times.
- Working as part of a close-knit team to offer renewal terms and new business quotations before deadlines, along with mid-term adjustments, survey preparation, and other types of policy transaction as needed.
- Checking and issuing of documents to clients.
- Learning about different areas of the business from industry-leading Underwriters.
- Supporting the wider teams by being proactive, enthusiastic and by challenging yourself to go out of your comfort zone.
Experience
Experience of underwriting Property &/or Casualty risks. An understanding of how to approach the evaluation of risks, as well as how to foster strong relationships with our broker clients. Taking initiative and being proactive within a team. Good verbal and written communication skills. Attention to detail and good analytical skills. Existing CII qualification or a commitment to progressing towards CII qualifications is necessary for working within this technical team.
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 prioritize 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.
Property and Casualty Underwriter employer: Allianz Management Services Ltd
Contact Detail:
Allianz Management Services Ltd Recruiting Team
Hr-recruitment@allianz.co.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Property and Casualty Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in property and casualty insurance. Understanding current market conditions and emerging risks will help you engage in meaningful conversations with potential employers and demonstrate your industry knowledge.
✨Tip Number 2
Network with professionals in the underwriting field, especially those who work at Allianz or similar companies. Attend industry events, webinars, or local meetups to build relationships and gain insights that could give you an edge during the interview process.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully evaluated risks or built strong broker relationships in your previous roles. Having concrete examples ready will showcase your experience and problem-solving skills effectively.
✨Tip Number 4
Research Allianz's values and culture thoroughly. Tailoring your conversation to align with their commitment to diversity, inclusion, and continuous learning can help you stand out as a candidate who fits well within their team.
We think you need these skills to ace Property and Casualty Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in Property and Casualty. Use specific examples that demonstrate your skills in risk evaluation and relationship building with brokers.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your understanding of the insurance industry and how your background aligns with the responsibilities outlined in the job description.
Highlight Continuous Learning: Emphasise your commitment to professional development, especially if you have or are pursuing CII qualifications. Mention any relevant training or courses you've completed that relate to underwriting or risk management.
Showcase Communication Skills: Since good verbal and written communication skills are essential for this role, provide examples in your application that demonstrate your ability to communicate effectively, whether through previous roles or specific projects.
How to prepare for a job interview at Allianz Management Services Ltd
✨Understand the Role
Make sure you have a solid grasp of what a Property and Casualty Underwriter does. Familiarise yourself with underwriting principles, risk evaluation, and the importance of building relationships with brokers. This knowledge will help you answer questions confidently.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical skills and attention to detail. Be ready to provide examples of how you've evaluated risks in the past or how you've approached problem-solving in previous roles. This is crucial for demonstrating your fit for the position.
✨Highlight Your Communication Skills
Since the role involves negotiating with brokers and providing excellent customer service, be prepared to showcase your verbal and written communication skills. You might be asked to role-play a negotiation scenario, so practice articulating your thoughts clearly.
✨Express Your Commitment to Learning
The company values continuous learning, so express your enthusiasm for professional development. Mention any relevant qualifications you have or your commitment to obtaining the CII qualification. Discuss how you plan to utilise the training opportunities offered by the company.