At a Glance
- Tasks: Shape underwriting strategies, manage broker partnerships, and drive innovation in pricing models.
- Company: Join Allianz, the world's number one insurance brand with a focus on inclusion and flexibility.
- Benefits: Enjoy flexible working, generous study packages, and discounts on insurance products.
- Why this job: Be part of a unique opportunity to develop expertise in a valued field.
- Qualifications: Experience in underwriting or related roles, strong communication, and data analysis skills.
- Other info: Access to continuous learning platforms and global career opportunities.
The predicted salary is between 36000 - 60000 £ per year.
We’re excited to present a rare and rewarding opportunity for a Short-Term Product Underwriter to join our team. This hybrid role can be based in either our Chelmsford or London office to stay connected with the people and ideas shaping our future. If you’re looking for a role that stands out from the ordinary, this is a chance to build a career in a space where true subject‑matter experts are few and highly valued.
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. 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, with free access to training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. We also host Lunch and Learn sessions and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.
Responsibilities
- Shape Strategy: Support the Underwriting Manager in developing and executing underwriting strategies in collaboration with Pricing teams.
- Build Relationships: Manage and strengthen broker partnerships to drive business growth.
- Leverage Expertise: Use your technical knowledge and customer insights to identify emerging opportunities and potential risks.
- Stay Ahead: Monitor market trends, technology developments, regulatory changes, and product performance data to stay competitive.
- Maintain Accuracy: Ensure product specifications are up-to-date and compliant with regulatory standards.
- Drive Innovation: Refresh pricing models and rate charts regularly to maintain market relevance.
- Enhance Processes: Take a cross-product and cross-functional view to identify improvements and efficiencies.
Essential Skills
- Experience in underwriting, product development, or related technical roles.
- Ability to interpret MI and data analysis to identify risks, opportunities, and recommend solutions.
- Proficiency in Excel (intermediate) and PowerPoint.
- Solid understanding of underwriting appetite, governance, and compliance frameworks.
- Skilled in stakeholder engagement and project management.
- Excellent communication skills, with the ability to present and report effectively.
- A proactive approach to spotting risks and opportunities and driving solutions.
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. You’ll enjoy 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 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 welcome neurodiversity and offer tailored adjustments to ensure your success. We encourage our employees to advocate for their needs, including 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.
How to Apply and Closing Date
For any inquiries or to submit your application, please contact: Matthew Mckevitt. Closing date: 16/02/26. We reserve the right to close the advert early if we reach enough applications. Join us - Let’s Care for Tomorrow.
Lead Underwriter - Short Term Products in Chelmsford employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Underwriter - Short Term Products in Chelmsford
✨Tip Number 1
Network like a pro! Reach out to current employees at Allianz through LinkedIn or industry events. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching Allianz's recent projects and market trends. Show us that you're not just another candidate; demonstrate your passion for the industry and how you can contribute to their goals.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in underwriting and data analysis can help Allianz stay ahead of the competition. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us that you’re genuinely interested in the role. Plus, it keeps you on our radar!
We think you need these skills to ace Lead Underwriter - Short Term Products in Chelmsford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Lead Underwriter role. Highlight your underwriting experience and any relevant technical roles you've had, as this will show us you’re a great fit for the position.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your expertise can contribute to our team. Don’t forget to mention your understanding of market trends and compliance frameworks!
Showcase Your Communication Skills: Since excellent communication is key in this role, make sure your application is clear and concise. Use straightforward language and structure your thoughts logically, so we can easily see your potential to present and report effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status!
How to prepare for a job interview at Allianz UK
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially in short-term products. Familiarise yourself with the latest trends and regulations in the industry, as well as Allianz's specific approach to underwriting. This will show that you're not just interested in the role but are also proactive about staying informed.
✨Showcase Your Analytical Skills
Since the role involves interpreting MI and data analysis, be prepared to discuss your experience with these skills. Bring examples of how you've used data to identify risks or opportunities in past roles. If you can, practice explaining complex data insights in a simple way—this will demonstrate your communication skills.
✨Build Rapport with Interviewers
Remember, this is not just about answering questions; it's also about building relationships. Be personable and engage with your interviewers. Ask them about their experiences at Allianz and share your thoughts on the company's values, especially around innovation and inclusion. This will help you stand out as a candidate who fits well with their culture.
✨Prepare Questions That Matter
Have a list of thoughtful questions ready to ask at the end of your interview. Focus on topics like the team dynamics, ongoing training opportunities, and how they measure success in the underwriting department. This shows that you're genuinely interested in the role and eager to contribute to the team's success.