At a Glance
- Tasks: Join a dynamic team to analyse and enhance home and travel insurance products.
- Company: Allianz UK is a leading global insurance brand focused on innovation and customer care.
- Benefits: Enjoy flexible working, generous study packages, and discounts on insurance products.
- Why this job: Be part of a culture that values continuous learning and career development.
- Qualifications: A passion for data analytics and risk assessment; experience in underwriting is a plus.
- Other info: Hybrid role with opportunities for global career advancement and a commitment to diversity.
The predicted salary is between 42000 - 58000 £ per year.
Join to apply for the Home Risk Selection Senior Analyst role at Allianz UK
1 day ago Be among the first 25 applicants
Join to apply for the Home Risk Selection Senior Analyst role at Allianz UK
Get AI-powered advice on this job and more exclusive features.
Role Description
We are looking for a Risk Selection Senior 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 be worked from one of our offices in London, Birmingham, Leeds or Bournemouth.
Role Description
We are looking for a Risk Selection Senior 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 be worked 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 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 £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
In this role you will:
- 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.
- Performing actual versus expected claims monitoring process to detect segments where emerging claims information is significantly different from expectation.
- Carrying out “deep dives” into certain niches and recommending changes to the technical cost models based on your analysis and insight.
- Support the development of underwriting capability on home products.
Essential Skills
We don\’t expect you to know everything from day one, but the following will enable you to hit the ground running:
- 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
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
- 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.
Diversity & Inclusion
At Allianz, we prioritize diversity and inclusion, 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.
Hr-recruitment@allianz.co.uk
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 29/07/2025
Join us – Let’s Care for Tomorrow.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Sales
-
Industries
Financial Services and Insurance
Referrals increase your chances of interviewing at Allianz UK by 2x
Sign in to set job alerts for “Senior Risk Analyst” roles.
Bournemouth, England, United Kingdom 2 days ago
Bournemouth, England, United Kingdom 2 days ago
Bournemouth, England, United Kingdom 1 day ago
Bournemouth, England, United Kingdom 2 days ago
Southampton, England, United Kingdom 1 week ago
Southampton, England, United Kingdom 1 day ago
Bournemouth, England, United Kingdom 1 week ago
Southampton, England, United Kingdom 3 days ago
Southampton, England, United Kingdom 1 week ago
Bournemouth, England, United Kingdom 1 day ago
Southampton, England, United Kingdom 4 hours ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Home Risk Selection Senior Analyst employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Home Risk Selection Senior Analyst
✨Tip Number 1
Familiarise yourself with Allianz's core values and recent initiatives in risk selection and underwriting. This will help you align your discussions during interviews with their goals and demonstrate your genuine interest in the company.
✨Tip Number 2
Network with current employees or alumni who work at Allianz or in similar roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for tailoring your approach.
✨Tip Number 3
Stay updated on industry trends, particularly in home insurance and risk assessment. Being knowledgeable about current challenges and innovations in the field will allow you to engage in meaningful conversations during interviews.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data analytics in previous roles. Highlighting your analytical skills and experience with underwriting rules will show that you're ready to contribute to the team from day one.
We think you need these skills to ace Home Risk Selection Senior Analyst
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and essential skills required for the Home Risk Selection Senior Analyst position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise your expertise in underwriting, pricing, and data analytics. Provide specific examples of past projects or roles where you demonstrated these skills, particularly in relation to home and travel products.
Showcase Continuous Learning: Mention any relevant training or certifications you have completed, especially those related to risk management, data analytics, or insurance. This will demonstrate your commitment to professional development, which is valued by Allianz.
Craft a Compelling Cover Letter: Write a personalised cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Make sure to convey your understanding of Allianz's values and how you can contribute to their goals.
How to prepare for a job interview at Allianz UK
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Home Risk Selection Senior Analyst. Familiarise yourself with underwriting rules, pricing strategies, and data analytics as these are key components of the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analytics and statistics. Be ready to provide examples of how you've used these skills in previous roles, especially in relation to risk assessment and decision-making.
✨Demonstrate Adaptability
Allianz values innovation and change. Be prepared to discuss how you've adapted to changes in your previous roles and how you can contribute to the evolving landscape of risk selection and underwriting.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, ongoing projects, and the company's approach to risk selection. This shows your genuine interest in the role and helps you assess if it's the right fit for you.