At a Glance
- Tasks: Shape and deliver underwriting strategy for non-standard motor business while managing delegated authority schemes.
- Company: Join Allianz, a leader in insurance with a commitment to innovation and inclusivity.
- Benefits: Enjoy flexible working, competitive salary, and a range of perks including discounts and development days.
- Why this job: Make a real impact in a dynamic role with opportunities for professional growth and global career paths.
- Qualifications: Experience in underwriting or product development, strong analytical skills, and effective communication.
- Other info: Hybrid work options and a supportive environment for neurodivergent and disabled candidates.
The predicted salary is between 36000 - 60000 £ per year.
We’re thrilled to offer an exciting opportunity for a dynamic and experienced Senior Delegated Authority Underwriter to join our team. This is a hybrid position and will require travel to either our Chelmsford or London offices.
As our Senior Delegated Authority Underwriter, you’ll play a pivotal role in shaping and delivering our underwriting strategy for our non-standard motor book of business. You will focus on running and managing delegated authority schemes arrangements. 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. For pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification through the Institute and Faculty of Actuaries in the UK. Our team values continuous learning with access to training platforms and regular knowledge-sharing sessions.
Salary Information
Pay: Circa £45,000 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 Senior Delegated Authority Underwriter, you will be responsible for:
- Assisting the Underwriting manager to develop underwriting strategy in collaboration with the pricing managers.
- Monthly reviews of delegated authority performance.
- Evaluating new schemes opportunities.
- Using technical knowledge and awareness of customer needs to identify opportunities and threats.
- Monitoring market, technology and data developments, customer feedback and product performance MI.
- Maintain and update product specifications to ensure accuracy and compliance.
- Refresh rate charts regularly for up-to-date pricing information.
- Manage product updates to keep offerings current and competitive.
- Making a cross-product and cross-functional view, identifying opportunities to improve the process.
Essential Skills
We don’t expect you to know everything from day one, but the following will enable you to hit the ground running:
- Experience in underwriting, product development or relevant technical experience.
- Interpret MI and analysis effectively, using data to spot risks, opportunities and recommend solutions.
- Experience with delegated authority or schemes arrangements.
- Understand underwriting appetite and governance.
- Skilled in stakeholder and project management.
- Clear communication skills reporting and presentation skills.
- Spot risks and opportunities, recommend 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, plus flexible working options, global career opportunities across the wider Allianz Group, and professional development. Benefits include:
- 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
We support hybrid work patterns to balance the needs of our customers with personal circumstances and business requirements. We are signatories of the ABIs Flexible Working Charter. Our aim is to help you thrive and maintain work-life balance while supporting innovation and creativity.
Integrity, Fairness, Inclusion & Trust
At Allianz, we foster an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities and gender equity is reflected in accreditations such as EDGE, Women in Finance Charter, Disability Confident, Stonewall Diversity Champion, and signatories to Race at Work and Armed Forces Covenant. We welcome neurodivergent and disabled candidates with tailored adjustments as needed. We encourage applicants 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. To opt in or for assistance with your application (including larger text, hard copies, or spoken applications), contact our Resourcing team at hr-recruitment@allianz.co.uk. For inquiries or to submit your application, please contact Matthew Mckevitt.
Closing date: 06/02/26. We reserve the right to close the advert early if we reach enough applications. Join us - Let’s Care for Tomorrow.
Senior Delegated Authority Underwriter in Chelmsford employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Delegated Authority Underwriter in Chelmsford
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Allianz or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching Allianz's underwriting strategies and recent market trends. Show us you’re not just another candidate; demonstrate your passion for the role and how you can contribute to our team.
✨Tip Number 3
Practice your presentation skills! As a Senior Delegated Authority Underwriter, you'll need to communicate complex ideas clearly. Run through mock presentations with friends or family to build confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at Allianz.
We think you need these skills to ace Senior Delegated Authority Underwriter in Chelmsford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Delegated Authority Underwriter role. Highlight your relevant experience in underwriting and product development, and don’t forget to showcase your skills in stakeholder management and data analysis.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific experiences that relate to the job description and show us your enthusiasm for the role and the company.
Showcase Your Skills: In your application, be sure to highlight your technical knowledge and understanding of delegated authority schemes. We want to see how you can spot risks and opportunities, so give us examples of how you've done this in the past!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Allianz UK
✨Know Your Underwriting Strategy
Before the interview, brush up on your understanding of underwriting strategies, especially in relation to non-standard motor books. Be ready to discuss how you would assist in developing these strategies and share any relevant experiences that showcase your expertise.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to interpret MI and analyse data effectively. Think of specific examples where you've identified risks or opportunities through data analysis, and be ready to explain your thought process during the interview.
✨Familiarise Yourself with Delegated Authority Schemes
Since this role involves managing delegated authority schemes, make sure you understand how they work. Be prepared to discuss any previous experience you have with such arrangements and how you can contribute to their success at Allianz.
✨Communicate Clearly and Confidently
Strong communication skills are essential for this role. Practice articulating your thoughts clearly, especially when discussing complex topics like pricing and product updates. Consider doing mock interviews with a friend to build your confidence.