At a Glance
- Tasks: Join our Home Risk Selection team to analyse and enhance underwriting rules for home and travel products.
- Company: Allianz, a leading insurance provider with a focus on innovation and inclusivity.
- Benefits: Enjoy flexible working, competitive salary, bonuses, and discounts on insurance products.
- Why this job: Make a real impact in risk selection while developing your skills in a supportive environment.
- Qualifications: Passion for data analytics and experience in underwriting or pricing.
- Other info: Access top training platforms and enjoy a culture of continuous learning.
The predicted salary is between 28000 - 42000 ÂŁ per year.
We are looking for a Risk Selection Analyst to join a newly created Home Risk Selection team within the Retail Portfolio Pricing and Underwriting team. This is a hybrid role and can work from one of our offices in London, Birmingham, Leeds or Bournemouth.
We’re excited to bring together the disciplines of pricing and portfolio underwriting into one Retail Portfolio Pricing and Underwriting team. We believe that to be the best in the business, it’s critical to blend these skills together. The team will be responsible for direct home and travel products under the Allianz brands. The team will be multi-skilled in pricing, underwriting and data analytics.
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. 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 ÂŁ35,000 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
- Support the Management of the underwriting rules/footprint for home and travel products.
- Analyse opportunities to expand or contract the underwriting footprint.
- Monitor quotability and report on KRIs relating to footprint.
- Create proposals to change underwriting rules.
- Implement changes to the underwriting rules within Radar Live.
- Identify opportunities to adjust the claims cost prediction models where they are less credible.
- Perform actual versus expected claims monitoring process to detect segments where emerging claims information is significantly different from expectation.
- Carry out “deep dives” into certain niches and recommend changes to the technical cost models based on your analysis and insight.
- Support the development of underwriting capability on home products.
Essential Skills
- True expert and an advocate for change and innovation.
- Demonstrate the Retail Risk Selection team’s value to the business.
- Can use judgement to assess underwriting risks in new or unusual segments.
- Sound commercial proposals.
- Keeps track of the competition.
- Invested in data analytics and statistics.
Expert In At Least One Of
- Underwriting guides and rules, product structures and coverage.
- Pricing.
- Data analytics and statistics.
What We Will Offer You
- 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 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.
Contact
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.
Closing date 27/01/26
Home Risk Selection Analyst employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Home Risk Selection Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Allianz. A friendly chat can open doors and give you insider info on what they’re looking for.
✨Tip Number 2
Prepare for interviews by brushing up on your data analytics and underwriting knowledge. Be ready to discuss how you can contribute to the Home Risk Selection team and show off your passion for innovation!
✨Tip Number 3
Don’t just apply and wait! Follow up on your application through our website. A quick email expressing your enthusiasm can make you stand out from the crowd.
✨Tip Number 4
Showcase your continuous learning mindset. Mention any relevant courses or training you’ve done, especially those related to pricing and risk assessment. It’ll show you’re committed to growing in this field!
We think you need these skills to ace Home Risk Selection Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Home Risk Selection Analyst role. Highlight your experience in underwriting, pricing, and data analytics, as these are key skills we’re looking for. Use specific examples that demonstrate your expertise and how you can add value to our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills align with our needs. Don’t forget to mention your interest in continuous learning and how you can contribute to our innovative culture at Allianz.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Include any relevant projects or experiences where you’ve successfully used data to drive decisions or improve processes. We love candidates who can think critically!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Allianz UK
✨Know Your Numbers
As a Home Risk Selection Analyst, you'll be dealing with data analytics and statistics. Brush up on your numerical skills and be prepared to discuss how you can use data to assess underwriting risks. Bring examples of how you've used data in past roles to make informed decisions.
✨Understand the Underwriting Landscape
Familiarise yourself with underwriting guides and rules specific to home and travel products. Be ready to discuss how you would manage and adapt these rules based on market trends or competition. Showing that you can think critically about underwriting will impress the interviewers.
✨Showcase Your Change Advocacy
The role requires someone who is an advocate for change and innovation. Prepare to share examples of how you've successfully implemented changes in previous roles. Highlight your ability to identify opportunities for improvement and how you can bring that mindset to the team.
✨Engage with Continuous Learning
Allianz values continuous learning, so express your enthusiasm for professional development. Mention any relevant courses or certifications you're pursuing, especially those related to pricing or risk management. This shows you're invested in growing your skills and contributing to the team's success.