At a Glance
- Tasks: Shape underwriting strategy and craft innovative product features.
- Company: Join Allianz, the world's number one insurance brand with a focus on diversity and inclusion.
- Benefits: Flexible working, competitive salary, annual bonuses, and extensive training opportunities.
- Why this job: Make a real impact in a dynamic role while developing your skills in a supportive environment.
- Qualifications: Experience in underwriting or product development; strong analytical and communication skills.
- Other info: Enjoy a hybrid work model and access to top training platforms.
The predicted salary is between 36000 - 60000 £ per year.
We’re thrilled to offer an exciting opportunity for a dynamic and experienced Lead Underwriter to join our team. This is a hybrid position and will require travel to our Chelmsford office.
As our Lead Underwriter, you’ll play a pivotal role in shaping and delivering our underwriting strategy. You’ll be at the forefront of defining our product propositions, crafting innovative features, and establishing robust underwriting frameworks that align with our strategic goals. Your expertise will influence everything from terms and conditions to validation controls, mapping rules, and the customer experience across all distribution channels.
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; you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team 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 Lead Underwriter, you will be responsible for:
- Assisting the Underwriting manager to develop underwriting strategy in collaboration with the pricing managers.
- Managing broker relationships, external broker interactions.
- Using technical knowledge and awareness of customer needs to identify opportunities and threats.
- Monitoring market, technology and data developments, customer feedback and product performance MI.
- Maintain and update product specifications to ensure accuracy and compliance.
- Refresh rate charts regularly for up-to-date pricing information.
- Manage product updates to keep offerings current and competitive.
- Make a cross-product and cross-functional view, identifying opportunities to improve the process.
- Actively participate in management forums internally (e.g. Pricing Committee, Risk validation Steering and Product Forum).
- Analyse relevant product related regulatory bulletins (e.g. from ABI and FCA).
Essential Skills
We don’t expect you to know everything from day one, but the following will enable you to hit the ground running:
- Experience in underwriting, product development or relevant technical experience.
- Interpret MI and analysis effectively, using data to spot risks, opportunities and recommend solutions.
- Proficient in Excel (intermediate) and PowerPoint.
- 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.
Diversity & Inclusion
At Allianz, we prioritise diversity and inclusion, 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.
We reserve the right to close the advert early if we reach enough applications. Closing date 16/12/25.
Underwriter - Motorcycle in Chelmsford employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Motorcycle in Chelmsford
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their underwriting strategy and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your skills and what you bring to the table. Tailor your message to highlight your experience in underwriting and product development, making it relevant to the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Underwriter - Motorcycle in Chelmsford
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in underwriting and product development. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant expertise!
Showcase Your Skills: Use specific examples to demonstrate your proficiency in Excel and PowerPoint, as well as your ability to interpret MI and analysis. We love seeing candidates who can spot risks and opportunities, so make that clear in your application!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Clear communication is key, so ensure your ideas flow logically and are easy to understand. We appreciate a well-structured application!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Allianz
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially related to motorcycles. Understand the key factors that influence risk and pricing in this niche market. Being able to discuss specific examples of how you've applied your expertise will impress the interviewers.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to interpret management information (MI) and data analysis. Bring examples of how you've used data to identify risks and opportunities in previous roles. This will show that you can contribute to the company's strategic goals effectively.
✨Communicate Clearly
Practice articulating your thoughts clearly and concisely. Since the role involves managing broker relationships and participating in forums, strong communication skills are essential. Consider doing mock interviews with a friend to refine your presentation skills.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to make tough decisions or manage stakeholder expectations. Prepare to explain your thought process and the outcomes of those situations.