Delegated Authority Underwriting Portfolio Solutions Manager

Delegated Authority Underwriting Portfolio Solutions Manager

Full-Time 58540 - 71548 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage delegated underwriting authorities and oversee portfolio performance for specialist insurance products.
  • Company: Join Allianz Commercial, a leader in the insurance industry with a focus on innovation.
  • Benefits: Enjoy a competitive salary, generous bonuses, hybrid working, and comprehensive health benefits.
  • Other info: Inclusive workplace with opportunities for career development and lifelong learning.
  • Why this job: Make a real impact in a fast-growing segment of the commercial insurance market.
  • Qualifications: 5+ years in Delegated Underwriting or similar roles, strong analytical and problem-solving skills.

The predicted salary is between 58540 - 71548 £ per year.

We are seeking an experienced Delegated Authority Underwriting Portfolio Solutions Manager to join our team.

The Delegated Authority & Portfolio Solutions team at AGCS manages and oversees our relationships with coverholders, Managing General Agents (MGAs), and other distribution partners who underwrite specialist insurance products on our behalf within agreed authorities. The team is responsible for driving the performance, governance, and growth of our delegated authority book across multiple lines of business — ensuring robust oversight, monitoring portfolio performance, and positioning AGCS as a leader in this fast-growing segment of the commercial and specialty insurance market.

The Impact You Will Have

Reporting to the Regional Head of Delegated Authority and Portfolio Solutions, you will contribute managing the book of delegated underwriting authorities and portfolios by executing the strategy to support underwriting and managing service offerings. You will support the management of the team and implement robust yet streamlined governance frameworks for arrangements whilst managing wide-ranging queries from the business, technical underwriting and operational processes.

Some of your specific responsibilities could include:

  • Lead oversight and management of active and new Portfolio Solution active accounts.
  • Build and implement streamlined processes and procedures to accommodate increasing workload and growth of the portfolio.
  • Oversee implementation of facility reporting system, Distribind Borderaux management tools, ensuring the business has visibility on account performance.
  • Collaborate closely with the Head on Key Strategic Account Partnerships to ensure seamless and effective management of facilities.
  • Establish and maintain relationships with key stakeholders, including Underwriters, Claims, Compliance, Finance, Actuarial, and operations.
  • Act as an educator and primary support for underwriters on all technical, facility management, controls, and processes.
  • Manage and review the deal structures, consulting and agreeing on non-commercial terms and monitor and manage in line with functional rules.
  • Coordinate the onboarding of new MGA and facilities, as well as renewal contracts.
  • Demonstrate strong data management skills and capabilities for data interrogation.

What You’ll Bring to the Role

  • Preferably 5 or more years of experience in the Delegated or Portfolio Solutions market.
  • Preferred background includes roles in Delegated Underwriting, Delegated Operations, Technical Operations, or similar.
  • Preferably, an understanding of and capability to use Bordereaux Management Systems.
  • Understanding of Xchanging preferred.
  • Proven problem-solving, multi-tasking, and analytical abilities.
  • Comfortable working both independently and in a remote environment.
  • Excellent time management skills, ability to prioritize and multitask while maintaining focus on detail and quality of deliverables.
  • A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.

What’s in it for you?

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Delegated Authority Underwriting Portfolio Solutions Manager employer: Allianz UK

Allianz Commercial is an exceptional employer, offering a dynamic and inclusive work environment in London where employees can thrive both personally and professionally. With a strong commitment to employee development, flexible working arrangements, and a comprehensive benefits package, we empower our team members to grow their careers while making a meaningful impact in the Power and Renewables sector. Join us to be part of a global culture that values diversity, innovation, and collaboration, ensuring you feel valued and supported every step of the way.

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Contact Details:

Allianz UK Recruitment Team

We think you need these skills to ace Delegated Authority Underwriting Portfolio Solutions Manager

Delegated Underwriting
Portfolio Management
Governance Frameworks
Bordereaux Management Systems
Data Management
Analytical Abilities
Problem-Solving Skills