Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Underwrite new and renewal accounts, negotiate terms, and manage client relationships.
- Company: Join Allianz Commercial, a leader in innovative insurance solutions.
- Benefits: Enjoy a competitive salary, hybrid working, and a generous bonus scheme.
- Why this job: Make an impact in a dynamic team while learning about multi-line insurance.
- Qualifications: 5+ years in underwriting or broking with strong analytical and communication skills.
- Other info: Inclusive culture with opportunities for career growth and personal development.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for an ART Senior Structured Underwriter based in London.
We are looking for a dynamic person who wants to take a step outside the traditional mono-line placement structure and learn more about multi-line, capital efficient programmes which enhance client\’s risk financing and retention strategies. No previous ART experience necessary.
The Team
You’ll be joining a team of 7 underwriters, based in London, all with different backgrounds in insurance from broking to actuarial and operations. The ART team sits within the wider Allianz Commercial and predominantly looks at multi-year, multi-line, structured insurance or captive reinsurance programmes. As we work across all lines of business, we also maintain strong relationships with the other underwriting teams within Allianz in order to support our underwriting decisions. The wider London team also includes persons from ART legal, claims, actuarial and deal management with whom we work closely on a daily basis.
The Impact You Will Have
You will look to underwrite profitable new and renewal business to meet Line of Business (LoB) targets both locally and regionally. You will also be responsible for negotiating participation, pricing, and terms and conditions. You will take ownership of accounts and clients, ensuring their needs are met and expectations exceeded, while also developing and maintaining strong relationships with brokers and clients.
Responsibilities
- Underwrite new and renewal accounts to meet targets, negotiating terms with brokers, and managing capacity.
- Ensure underwriting aligns with governance frameworks, achieving contract certainty at inception and utilizing global pricing tools.
- Maintain comprehensive file records for each risk and transaction, supporting policy administration and credit control processes.
- Support regional Underwriting strategy, train and coach staff, manage referrals, and delegate work appropriately.
- Drive new business acquisition and retention, represent Allianz Commercial in the market, and maintain strong relationships with brokers, clients, and stakeholders.
Qualifications
- Approximately 5+ years of market experience in underwriting or previous experience as a broker in a Account Executive / Account Director role.
- In-depth expert understanding of a LoB\’s products, portfolio, and regional/local insurance markets and competitor landscape.
- Established relationships with brokers at peer group level within the market.
- Good understanding of insurance placements and their applications, including complex multinational transactions.
- Strong knowledge of the legal and regulatory framework relevant to the insurance industry.
- Experience working in complex, global matrix organizations, with skills in risk assessment and management.
- Experience in pricing analysis, contract drafting and interpretation, and robust policy management throughout the administration lifecycle.
- Analytical skills with excellent communication skills.
- Understanding of captives and their placement structure (preferable).
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.
84807 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent
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 recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Financial Wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Career Progression
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Support and Wellbeing
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We\’ve got you back.
Sustainability and Society
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
EEO Statement
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 agcsglobalcareers@allianz.com
Learn more about careers at Allianz Commercial by clicking here.
#J-18808-Ljbffr
ART Senior Structured Underwriter employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ART Senior Structured Underwriter
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your unique skills and experiences. Tailor your pitch to show how you can bring value to their team, especially in areas like multi-line programmes or risk management.
✨Prepare for the Interview
Do your homework before any interview! Understand the company’s values, recent projects, and the specifics of the ART team. This will help you ask insightful questions and demonstrate your genuine interest in the role.
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a simple way to express your appreciation and keep yourself fresh in their minds. Plus, it shows you’re proactive and genuinely interested in the position.
We think you need these skills to ace ART Senior Structured Underwriter
Some tips for your application 🫡
Show Your Unique Perspective: When applying for the ART Senior Structured Underwriter role, let your personality shine through! We want to see how your unique experiences and insights can contribute to our dynamic team. Don’t be afraid to share your thoughts on multi-line programmes and how you can enhance client strategies.
Tailor Your Application: Make sure to customise your CV and cover letter to highlight relevant skills and experiences that align with the job description. We’re looking for someone who understands the complexities of underwriting and can navigate the insurance landscape, so make those connections clear!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and focus on what makes you a great fit for the role. Highlight your achievements and how they relate to the responsibilities outlined in the job description.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. This way, you’ll ensure your application reaches us promptly and you can easily track your progress. Plus, it’s super easy to do!
How to prepare for a job interview at Allianz
✨Know Your Stuff
Make sure you brush up on your understanding of multi-line and structured insurance programmes. Familiarise yourself with the key concepts and terminology, as well as Allianz's approach to underwriting. This will show that you're genuinely interested in the role and ready to contribute.
✨Showcase Your Experience
Even if you don't have direct ART experience, highlight your relevant skills from previous roles. Discuss your market experience, negotiation skills, and any analytical work you've done. Be prepared to explain how these experiences can translate into success in this new position.
✨Build Rapport
Since you'll be working closely with brokers and clients, demonstrate your interpersonal skills during the interview. Share examples of how you've built strong relationships in the past and how you plan to maintain those connections in this role.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, the underwriting strategy, and how they measure success. This not only shows your interest but also helps you gauge if the company culture aligns with your values and career goals.
