Senior Underwriter - US Casualty (US Desk, London)
Senior Underwriter - US Casualty (US Desk, London)

Senior Underwriter - US Casualty (US Desk, London)

London Full-Time 60000 - 80000 ÂŁ / year (est.) No home office possible
Allianz UK

At a Glance

  • Tasks: Underwrite US Casualty business and build strong broker relationships.
  • Company: Join Allianz Commercial, a leader in the insurance industry.
  • Benefits: Enjoy a competitive salary, bonus scheme, and flexible working options.
  • Other info: Inclusive culture with lifelong learning and career mobility.
  • Why this job: Make an impact in a dynamic environment with opportunities for growth.
  • Qualifications: 7-10 years in US Casualty underwriting or broking required.

The predicted salary is between 60000 - 80000 ÂŁ per year.

We are looking for a Senior Underwriter to underwrite US Casualty business, based in London.

The Impact You Will Have

At Allianz Commercial we combine specialist expertise and global reach with high levels of AA‑rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex Liability risks in the market. Reporting directly to the Head of US Casualty, Regional Unit London, you will underwrite profitable US‑domiciled Casualty business. You will develop strong broker and client relationships and undertake business travel where necessary.

Some of your specific responsibilities could include:

  • Underwrite large new and renewal accounts to meet top and bottom line targets.
  • Negotiate participation, pricing and terms and conditions with brokers.
  • Proactively manage capacity.
  • Provide expert underwriting perspective in the development of new insurance products, responding to client need or emerging risks in the marketplace.
  • Underwrite in line with the US Casualty governance framework – e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
  • Proactively support acquisition of new business and retention of existing business.
  • Positively represent Allianz Commercial externally to the market and encourage more junior team members to raise their own profile and that of the team.

What You’ll Bring to the Role

  • About 7‑10 years’ proven experience in the US Casualty large corporate marketplace, either in underwriting or broking.
  • Strong understanding of risk assessment, insurance program structure design, and contract wordings.
  • Ideally CII/CPCU qualified or working towards it.
  • Recognised relationships with clients and brokers at peer group level and well‑established within your reference market.
  • Excellent communication and influencing skills.
  • Specialised understanding of regional/national US Casualty insurance markets and the competitor landscape.
  • Ability to negotiate effectively achieving the best outcome for the portfolio while maintaining positive business relationships with your clients and brokers.
  • Ability to leverage data and analytics to make business more efficient and effective.
  • Good understanding of the legal and regulatory framework.
  • Ability to design, develop and implement consistent, robust wordings for contracts.
  • You should be able to integrate AI‑driven insights into your work to optimise outcomes and support broader organisational goals.
  • Ability to work in a global matrix organisation.
  • Fluent English skills, with any other languages being advantageous.

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 recognises the value of striking a balance between in‑person collaboration and remote working.
  • We believe in rewarding performance with a great compensation and benefits package, 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.
  • We support flexible working, health and wellbeing (including private healthcare and generous parental leave benefits).
  • We care for the tomorrows of our people, our industry and our clients.

Allianz Commercial is the centre 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.

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.

Recruitment Agencies: Allianz Commercial has an in‑house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.

Senior Underwriter - US Casualty (US Desk, London) employer: Allianz UK

Allianz Commercial is an exceptional employer that prioritises inclusivity and employee well-being, offering a hybrid working model that balances collaboration with flexibility. With a strong commitment to career development, competitive compensation packages, and a supportive environment for personal growth, employees are empowered to thrive in their roles while contributing to meaningful projects that shape a sustainable future. Located in London, this role provides the unique opportunity to engage with a diverse range of clients and complex risks, fostering professional relationships and enhancing industry expertise.
Allianz UK

Contact Detail:

Allianz UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter - US Casualty (US Desk, London)

✨Tip Number 1

Network like a pro! Get out there and connect with industry professionals, especially those in the US Casualty space. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors that applications alone can't.

✨Tip Number 2

Prepare for interviews by researching Allianz Commercial and understanding their approach to underwriting. Be ready to discuss how your experience aligns with their needs, especially around risk assessment and client relationships. Show them you’re not just another candidate!

✨Tip Number 3

Practice your negotiation skills! As a Senior Underwriter, you'll need to demonstrate your ability to negotiate terms effectively. Role-play scenarios with friends or colleagues to build confidence and refine your approach before the real deal.

✨Tip Number 4

Don’t forget to leverage our website for applying! It’s the best way to ensure your application gets noticed. Plus, it shows you’re proactive and genuinely interested in joining Allianz Commercial. Let’s get you that job!

We think you need these skills to ace Senior Underwriter - US Casualty (US Desk, London)

Underwriting
Risk Assessment
Insurance Program Structure Design
Contract Wordings
Negotiation Skills
Client Relationship Management
Data Analytics
Legal and Regulatory Knowledge
AI Integration
Communication Skills
Influencing Skills
Market Understanding
CII/CPCU Qualification
Business Development
Global Matrix Organisation Experience

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in US Casualty and any relevant qualifications like CII/CPCU. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of risk assessment and your ability to build strong relationships with clients and brokers.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've successfully underwritten large accounts or negotiated terms that benefited your previous employers.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Allianz UK

✨Know Your Underwriting Inside Out

Make sure you brush up on your knowledge of US Casualty underwriting principles and practices. Be prepared to discuss specific examples from your past experience that demonstrate your expertise in risk assessment and contract wordings.

✨Build Rapport with Brokers

Since strong broker relationships are key for this role, think about how you can showcase your relationship-building skills during the interview. Share stories of successful negotiations or collaborations that highlight your ability to maintain positive business relationships.

✨Showcase Your Analytical Skills

Be ready to discuss how you've leveraged data and analytics in your previous roles to improve efficiency and outcomes. Prepare examples that illustrate your ability to integrate insights into your underwriting processes.

✨Demonstrate Your Adaptability

With the role requiring a good understanding of the legal and regulatory framework, be prepared to talk about how you've adapted to changes in the market or regulations in the past. Highlight your ability to work in a global matrix organisation and how you’ve navigated complex environments.

Senior Underwriter - US Casualty (US Desk, London)
Allianz UK
Location: London

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