Underwriting Manager - General Aviation in London

We are looking for an Underwriting Manager, General Aviation, based in London.

The Impact You Will Have

• Lead and manage a team to underwrite profitable new and renewal business, meeting Line of Business (LoB) targets at regional and/or global level.
• Accountable for the negotiation of participation, pricing, and terms and conditions for clients, with ultimate ownership and responsibility for key accounts within the team.
• Develop and maintain strong relationships with brokers, clients, and key stakeholders while driving the training, development, and performance of the underwriting team.

Team Management & Leadership

• Manage and lead a team of Underwriters.
• Delegate tasks effectively to achieve overall team results and LoB objectives.
• Manage and supervise team client accounts, acting as the point of referral and/or escalation for complex issues.
• Manage cost centre budget within plan.
• Drive the training, development, and career progression of team members.

Underwriting Strategy & Leadership

• Contribute to the development and execution of the regional underwriting strategy for the relevant LoB.
• Manage referrals from underwriters and spokes, re-underwriting complex business as appropriate.
• Where applicable, take responsibility for a particular sub-LoB or specialist area within the regional team, acting as a "champion" for all related matters.

Underwrite Profitable Business

• Underwrite large new and renewal accounts to meet top-line and bottom-line targets (regional and/or global).
• Negotiate participation, pricing, and terms and conditions with brokers; proactively manage capacity.
• Underwrite and evaluate Natural Catastrophe Accumulation, demonstrating a strong understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs).
• Underwrite International Insurance Programmes (for relevant LoBs).
• Maintain deep specialisation in a particular area of expertise.

Underwriting Approach & Compliance

• Underwrite in accordance with the LoB governance framework, including Underwriting Authorities, Global Minimum Standards of Underwriting (MSU), Underwriting Guidelines, Rules, and Principles.
• Ensure contract certainty is achieved on all accounts at the point of inception.
• Ensure consistent utilisation of global pricing tools.
• Ensure placing and binding of Facultative Reinsurance prior to policy inception.

Market Management

• Proactively support the acquisition of new business and retention of existing business, including client and broker negotiations where necessary.
• Proactively liaise on market management initiatives and campaigns.

Relationship Management

• Positively represent AGCS externally to the market, upholding the company's reputation and brand.
• Proactively drive the involvement of functional areas in the underwriting process, including Distribution, Allianz Risk Consulting (ARC), Claims, and Operations.
• Develop and maintain strong relationships with key brokers, clients, and other relevant stakeholders (e.g. risk managers, cedants).

What You’ll Bring to the Role

• Proven, strong experience in underwriting of profitable Aviation business.
• Expert knowledge of and well established in the General Aviation market.
• Proven successful leadership skills; Ability to lead and motivate a team.
• Expertise in risk assessment and a firm understanding of policy administration life cycle.
• Strong commercial and strategic awareness.
• Excellent communication and negotiation skills.
• Able to work in an international matrix organisation.
• Good interpersonal skills, both internally and externally.
• Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.

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).
• With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable.

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.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

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.