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- Tasks: Manage delegated authority and scheme arrangements while enhancing your underwriting skills.
- Company: Join Allianz, a leading global insurance brand with a commitment to innovation.
- Benefits: Enjoy flexible working, competitive salary, and a range of personal development opportunities.
- Why this job: Make an impact in a dynamic role that values continuous learning and career growth.
- Qualifications: Experience in underwriting or product development with strong communication skills.
- Other info: Hybrid work options and a supportive, inclusive environment for all.
The predicted salary is between 36000 - 60000 £ per year.
We’re thrilled to offer an exciting opportunity for a dynamic and experienced Schemes and Delegated Authority Underwriter to join our team. This is a hybrid position and will require travel to one of our offices in Lancaster, Maidstone, Manchester, London or Guildford.
As our Schemes and Delegated Authority Underwriter you will focus on running and managing delegated authority and scheme arrangements. 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. 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 with access to training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. We also host Lunch and Learn sessions on key business topics and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.
Salary Information
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 Schemes and Delegated Authority Underwriter, your responsibilities will include:
- Deliver technical underwriting reviews (incl. COR modelling), support broker discussions, and coordinate sign‑off with the DA & Schemes Manager.
- Collaborate cross‑functionally to onboard new DAs (to build products, wordings, rating approaches, MI suites, system changes and required underwriting/claims materials).
- Design and build scheme components (product builds, question sets, systems mapping, underwriting guides, protocols).
- Produce and present monthly and annual MI/monitoring packs, including ULR/COR views collaborating with Actuarial and Finance.
- Manage ongoing governance: annual reviews, audits, rate reviews, compliance tasks, and retenders.
- Act as a technical escalation point working with Distribution to implement continuous process improvements.
- Support tenders and new facilities with technical reviews, COR modelling, wordings, and protocol documentation.
- Assist Trading Teams with delivering changes to frontline underwriters and ensure central reporting remains up to date.
Essential Skills
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 - 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.
Integrity, Fairness, Inclusion & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is 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.
For any inquiries or to submit your application, please contact: Matthew Mckevitt
Closing date 17/02/26. We reserve the right to close the advert early if we reach enough applications.
Schemes and Delegated Authority Underwriter employer: Allianz UK
Contact Detail:
Allianz UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Schemes and Delegated Authority Underwriter
✨Tip Number 1
Network like a pro! Reach out to current employees at Allianz or in the underwriting field on LinkedIn. A friendly chat can give you insider info and might just lead to a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves underwriting and risk management, be ready to discuss your experience with MI analysis and stakeholder management.
✨Tip Number 3
Show off your continuous learning mindset! Mention any relevant courses or certifications you've completed, especially those related to underwriting or data analysis, to impress the hiring team.
✨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 the Allianz team and ready to embrace our values.
We think you need these skills to ace Schemes and Delegated Authority Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Schemes and Delegated Authority Underwriter role. Highlight your relevant experience in underwriting, product development, and any specific skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our values at Allianz. Don’t forget to mention your interest in continuous learning and collaboration.
Showcase Your Skills: In your application, be sure to showcase your technical skills and experience with delegated authority or schemes arrangements. We love candidates who can interpret MI and spot opportunities, so give us examples of how you've done this in the past!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Allianz UK
✨Know Your Underwriting Basics
Before the interview, brush up on your underwriting knowledge, especially around delegated authority and scheme arrangements. Be ready to discuss how you interpret MI and analyse data to spot risks and opportunities.
✨Showcase Your Collaboration Skills
This role involves cross-functional collaboration, so prepare examples of how you've successfully worked with different teams in the past. Highlight any experiences where you coordinated with stakeholders to achieve a common goal.
✨Prepare for Technical Questions
Expect technical questions related to underwriting reviews, COR modelling, and compliance tasks. Practise explaining your thought process clearly and concisely, as communication skills are key for this position.
✨Demonstrate Continuous Learning
With a focus on ongoing development, be ready to discuss how you keep your skills sharp. Mention any relevant courses or training you've undertaken, especially those related to underwriting, risk engineering, or pricing.
