At a Glance
- Tasks: Lead underwriting delivery, drive portfolio performance, and make key commercial decisions.
- Company: Join Allianz, a leader in the insurance industry with a focus on integrity and inclusion.
- Benefits: Enjoy flexible working, annual bonuses, and discounts on insurance products.
- Other info: Hybrid role with opportunities for professional development and career growth.
- Why this job: Make a real impact by developing underwriting teams and driving profitable growth.
- Qualifications: Strong technical underwriting expertise and proven leadership skills required.
The predicted salary is between 60000 - 75000 £ per year.
You will lead underwriting delivery within your business area, driving strong portfolio performance, technical excellence and profitable growth. This is a key leadership role where you will develop underwriting capability while ensuring disciplined, high‑quality decision‑making aligned to strategy.
Location: Candidates may be based at any site located in the South region; this is a hybrid working role with the expectation to attend the office 2‑3 times per week.
Salary Information: Pay is dependent on experience, skills and location and is part of our total reward package.
About You:
- Monitor account and portfolio performance, identifying under and over performance and implementing appropriate actions.
- Deliver KPI targets across complex cases and portfolios aligned to line of business strategy.
- Apply underwriting authority with a clear understanding of profit and loss impact and portfolio performance.
- Make key commercial decisions to support profitable growth and strengthen distribution relationships.
- Support business development activity in line with distribution segmentation strategy.
- Conduct underwriting inspections, account control and quality review activity where required.
- Produce and deliver technical training, mentoring and coaching to underwriting teams.
- Partner with Head Office and training teams to design and deliver technical capability frameworks.
- Collaborate with Sales, Distribution, Pricing, Claims and Operations to support delivery and performance.
- Represent Allianz in internal and external forums, engaging with key stakeholders.
- Lead, motivate and develop a team of underwriters to deliver strong results and high engagement.
Essential Skills:
- Strong technical underwriting expertise, including policy wordings, clauses and non‑standard cover.
- Ability to assess risk, pricing and terms, applying risk management principles effectively.
- Understanding of claims drivers and application of mitigation strategies.
- Strong knowledge of underwriting governance, legislation and regulatory frameworks.
- Ability to interpret statistical and performance data to identify trends and opportunities.
- Understanding of reinsurance principles, including treaty and facultative arrangements.
- Strong commercial acumen and understanding of portfolio and account management principles.
- Proven leadership capability, with experience managing or developing underwriting teams.
- Excellent communication and stakeholder engagement skills.
- Ability to balance technical excellence with business performance and growth objectives.
Desirable Skills:
- ACII qualification or equivalent industry experience.
- Completion of underwriting academy modules or similar professional development.
- Knowledge of project or change delivery within underwriting environments.
- Experience contributing to product development or segmentation activity.
- Strong track record of delivering against challenging objectives.
What We Will Offer You:
- Flexible buy/sell holiday options.
- Hybrid working.
- Annual performance related bonus.
- Contributory pension scheme.
- Development days.
- 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 and flexible hours through the ABIs flexible working charter, ensuring a balance between customer needs, personal circumstances and business requirements. Integrity, Fairness, Inclusion.
