At a Glance
- Tasks: Underwrite construction risks and build strong broker relationships to drive growth.
- Company: Join Allianz, the world's number one insurance brand with a collaborative culture.
- Benefits: Flexible working options, competitive salary, and a range of perks tailored for you.
- Other info: Inclusive workplace committed to supporting diverse candidates and flexible working arrangements.
- Why this job: Make a real impact in a dynamic role while developing your career in insurance.
- Qualifications: Experience in construction underwriting and strong communication skills required.
The predicted salary is between 58540 - 71548 £ per year.
This is an exciting opportunity to join our expert-led Allianz Commercial team as a New Business Construction Underwriter, playing a key role in delivering profitable growth. You will support the development of a world-class, multi-niche Insurance & Engineering offering, contributing to ambitious regional growth targets.
Location: This role is based in either our Southampton or Chelmsford offices, please note that this is a hybrid working role with the expectation that you attend the office 2-3 days per week, as well as meeting with brokers.
Salary Information: Pay: Circa £50,000 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
- Underwrite construction risks across new business to meet growth and profitability targets
- Assess and price risk in line with Allianz appetite and underwriting strategy
- Build and maintain strong broker and client relationships through regular engagement
- Negotiate terms, conditions, and pricing with brokers to secure sustainable business
- Proactively identify and develop new business opportunities within the market
- Contribute to regional underwriting strategy and key business initiatives
- Collaborate with internal stakeholders including Claims, Operations, and Risk teams
- Represent Allianz positively in the market, attending broker and client meetings
- Experience in construction underwriting, including casualty/liability covers
- Strong ability to underwrite new business effectively
- Confident communicator, comfortable engaging with brokers and negotiating outcomes
- Analytical mindset with the ability to assess complex risks and market conditions
- Commercial awareness with a focus on profitable growth and retention
- Self-motivated team player with the ability to support and mentor others
- Proactive and driven with a strong focus on personal and professional development
- Ability to take initiative and contribute positively within a team environment
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.
Inclusive Support & Accessibility
At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that's assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We're here to support you. If you have a disability or long-term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme. Contact our Resourcing team to opt into this scheme or for any assistance with during the recruitment process 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. Join us - Lets Care for Tomorrow.
New Business Construction Underwriter in Southampton employer: Allianz Management Services Ltd
Allianz UK Personal is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals looking to lead in actuarial pricing. With a strong emphasis on employee growth and development, the company offers extensive leadership opportunities and a hybrid working model that promotes work-life balance while ensuring meaningful engagement with teams across multiple UK offices.
Contact Details:
Allianz Management Services Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land New Business Construction Underwriter in Southampton
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
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Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Allianz Management Services Ltd. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace New Business Construction Underwriter in Southampton
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Allianz Management Services Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Allianz Management Services Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Allianz Management Services Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Allianz Management Services Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Allianz Management Services Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Allianz Management Services Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.