Real Estate Mid Market Assistant Underwriter in London

Real Estate Mid Market Assistant Underwriter in London

London Entry level 31000 - 35000 £ / year (est.) Home office (partial)
Allianz UK

At a Glance

  • Tasks: Assist in underwriting and build strong relationships with customers and brokers.
  • Company: Join Allianz, a leading insurance company focused on your growth.
  • Benefits: Competitive salary, hybrid working, flexible benefits, and discounts on insurance products.
  • Other info: Inclusive workplace with support for disabled and neurodivergent candidates.
  • Why this job: Develop your skills in a dynamic environment while making a real impact.
  • Qualifications: Strong analytical skills, good communication, and a passion for personal development.

The predicted salary is between 31000 - 35000 £ per year.

Role Overview

This is an exciting opportunity for an Assistant Underwriter to join our successful Real Estate Team.

This opportunity is ideal for either a new entrant or those with experience in the insurance industry who are keen to gain and develop their technical expertise.

Key Responsibilities

You will play an active role in contributing towards the delivery of Key Performance Indicators (KPIs) across your team, underwriting business and building strong relationships with both internal and external customers.

The quality of our Underwriters is pivotal to Allianz’s success; no risk is the same, so you’ll need to use your strong analytical and communication skills, as well as technical knowledge, to influence our brokers and develop strong trading relationships.

At Allianz UK, your growth is our priority.

From global training through the P&C Academy to CII study support, we equip you with the tools to thrive.

You’ll unlock premium access to platforms like Data Camp, Databricks Academy, and Linked In Learning, plus gain insider knowledge through expert-led insight sessions that sharpen both your technical edge and commercial impact.

This is a hybrid role that will involve working from home combined with a minimum of 2‑3 days per week in our London office.

Salary Information

Pay: Circa £31,000 – £35,000 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 / Responsibilities

  • Your role will vary day to day, but here is a bit of what you can expect:
  • Providing excellent service to our customers.
  • Handling general customer queries via telephone, live chat or e‑mail within agreed service standards.
  • Underwriting new business, renewals and mid‑term adjustments.
  • Supporting Senior Underwriters and Underwriters on their cases as well as handling own cases, all within own authority level.
  • Negotiating within authority, referring where appropriate to maximize customer retention.
  • Anticipating likely objections and building effective responses.
  • Collaborating strongly with other departments to achieve the company's goals in respect of service delivery.

Essential Skills

  • Passionate about your own development.
  • Evidence of personal and professional development and commitment to further development is essential.
  • Good numerical, written and verbal communication skills, including telephony, are essential.
  • Confidence handling, analysing and interpreting data.
  • Enjoy interacting with others, building strong internal and external relationships and having excellent communication skills.
  • Practical knowledge of MS Office and MS Outlook.

Desirable Skills

  • Real Estate or Commercial Underwriting experience.
  • Responsible Artificial Intelligence usage.
  • 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.

  • 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.
  • Inclusive Support & Accessibility

At Allianz, we are committed to fostering an inclusive, accessible workplace where everyone can thrive.

As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching.

We encourage candidates to speak with us about any adjustments they may need.

We’re here to support you.

If you have a disability or long‑term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.

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Real Estate Mid Market Assistant Underwriter in London employer: Allianz UK

Allianz UK is an exceptional employer, offering a dynamic work environment that fosters leadership development and innovation in the insurance sector. With flexible working options, competitive annual bonuses, and exclusive discounts on insurance products, employees are empowered to thrive both personally and professionally in vibrant cities like Glasgow, Manchester, Leeds, and Birmingham.

Allianz UK

Contact Details:

Allianz UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Real Estate Mid Market Assistant Underwriter in London

Dive into Insurance Networking Events

Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!

Join Online Insurance Communities

Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.

Leverage University Resources

If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!

Apply Directly Through Us!

Don't forget to check our website for any entry-level openings at Allianz UK! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.

We think you need these skills to ace Real Estate Mid Market Assistant Underwriter in London

Analytical Skills
Communication Skills
Numerical Skills
Customer Service Skills
Underwriting Knowledge
Data Analysis
Relationship Building

Some tips for your application 🫡

Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!

Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.

Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with Allianz UK!

Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!

How to prepare for a job interview at Allianz UK

Know Your Basics: The Insurance Fundamentals

Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.

Prepare for Behavioural Questions

Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.

Show Enthusiasm for Learning

As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like Allianz UK want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.

Research Industry Trends

Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.