Senior Delegated Authority Underwriter in London
Senior Delegated Authority Underwriter

Senior Delegated Authority Underwriter in London

London Full-Time 36000 - 60000 Β£ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Shape and deliver underwriting strategy for non-standard motor business.
  • Company: Join Allianz, a leader in insurance with a commitment to innovation and inclusivity.
  • Benefits: Flexible working, generous study package, annual bonus, and retail discounts.
  • Why this job: Make an impact in a dynamic role while developing your skills in a supportive environment.
  • Qualifications: Experience in underwriting and strong analytical skills are essential.
  • Other info: Hybrid work options and a focus on continuous learning and career growth.

The predicted salary is between 36000 - 60000 Β£ per year.

We are 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 will 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 will 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 Β£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 London employer: Allianz UK

Allianz Insurance is an exceptional employer that prioritises employee growth and development, offering a hybrid working model that promotes work-life balance. With access to extensive training resources, including the Global P&C Academy accreditation and generous study packages for actuarial qualifications, employees are empowered to enhance their skills while enjoying flexible benefits and a supportive, inclusive work culture. Located in Chelmsford and London, Allianz fosters innovation and creativity, making it an ideal place for professionals seeking meaningful and rewarding careers.
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Contact Detail:

Allianz UK Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Delegated Authority Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Allianz through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by knowing your stuff! Brush up on underwriting strategies and be ready to discuss how you’d manage delegated authority schemes. Show us you’re passionate about the role and the industry!

✨Tip Number 3

Don’t forget to showcase your soft skills! Communication and stakeholder management are key in this role. Share examples from your past experiences that highlight these abilities during your interview.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at Allianz. Let’s make it happen!

We think you need these skills to ace Senior Delegated Authority Underwriter in London

Underwriting Experience
Product Development
Delegated Authority Management
Data Interpretation
Risk Assessment
Stakeholder Management
Project Management
Clear Communication Skills
Presentation Skills
Market Analysis
Technical Knowledge
Customer Needs Awareness
Compliance Management
Performance Monitoring

Some tips for your application 🫑

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience and any relevant technical knowledge to show us you’re the right fit for the Senior Delegated Authority Underwriter role.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re excited about this opportunity. Share specific examples of your past achievements in underwriting and how they align with our goals at Allianz. This is your chance to stand out!

Showcase Your Skills: Don’t forget to emphasise your stakeholder management and communication skills. We want to see how you can effectively report and present information, as these are key aspects of the role. Use clear examples to illustrate your points.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows us you’re keen to join our team!

How to prepare for a job interview at Allianz UK

✨Know Your Underwriting Stuff

Make sure you brush up on your underwriting knowledge, especially around delegated authority schemes. Be ready to discuss how you've used data to spot risks and opportunities in past roles. This will show that you understand the technical side of the job and can hit the ground running.

✨Showcase Your Communication Skills

As a Senior Delegated Authority Underwriter, clear communication is key. Prepare examples of how you've effectively communicated with stakeholders or presented complex information. This will demonstrate your ability to manage relationships and convey important insights.

✨Be Ready for Scenario Questions

Expect questions that ask you to evaluate new scheme opportunities or assess performance metrics. Think about specific scenarios from your experience where you identified risks or made recommendations. This will help you illustrate your problem-solving skills and strategic thinking.

✨Emphasise Continuous Learning

Since the role involves participating in the Global P&C Academy, express your enthusiasm for ongoing professional development. Share any relevant courses or certifications you've pursued, and be prepared to discuss how you stay updated with industry trends and best practices.

Senior Delegated Authority Underwriter in London
Allianz UK
Location: London
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  • Senior Delegated Authority Underwriter in London

    London
    Full-Time
    36000 - 60000 Β£ / year (est.)
  • A

    Allianz UK

    1000+
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