At a Glance
- Tasks: Lead global travel insurance portfolio remediation and conduct deep-dive performance analysis.
- Company: Join a leading insurance company focused on technical excellence and innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Inclusive workplace welcoming diverse backgrounds and perspectives.
- Why this job: Make a real impact in the travel insurance sector while collaborating with top professionals.
- Qualifications: 8+ years in insurance data analysis; degree in relevant field required.
The predicted salary is between 60000 - 80000 £ per year.
Reporting to the Head of Travel Underwriting for European Hub, you will be responsible for leading portfolio remediation efforts across the global travel insurance book, with an immediate focus on the United Kingdom. This role drives technical underwriting excellence through deep-dive performance analysis at both client and portfolio level, identifying root causes of deterioration and implementing corrective action to ensure rate adequacy and sustainability. The role partners closely with Pricing, Actuarial, Claims, and Distribution to execute targeted remediation strategies aligned with the Travel Line of Business strategy. Ensures all underwriting actions are technically sound, commercially relevant, and fully compliant with Allianz and AzP standards.
What you do
- Lead and drive remediation efforts across global travel portfolios, with an initial and primary focus on the United Kingdom market.
- Conduct deep-dive analysis on individual client and portfolio performance to identify specific causes of deterioration, including rate inadequacy, rating factor drift, and shifts in risk mix.
- Collaborate closely with the Pricing team to ensure tariff and non-tariff books are performing in line with expectations; recommend and implement targeted adjustments where deviations are observed.
- Work hand-in-hand with the Portfolio Monitoring and Actuarial teams to identify underperforming segments, define remediation plans, and provide accurate performance data into central portfolio tools.
- Ensure underwriting actions are aligned with Allianz standards and AzP Underwriting Guidelines, with a strong focus on technical soundness and commercial impact.
- Support the annual planning process through robust commercial margin analysis, forecasting outcomes of remedial actions, and highlighting residual risks.
- Maintain transparency on all portfolio changes and initiatives to support reserve adequacy and proper technical provisioning.
- Represent underwriting in cross-functional remediation squads, working closely with Product, Distribution, and Claims to address root causes of underperformance and drive sustainable profitability.
- Communicate findings and proposed actions clearly to senior leadership, with focus on data-driven rationale and outcome-focused proposals.
Who you are
- 8+ years of professional experience in insurance data analysis, pricing, or performance monitoring.
- Degree in Actuarial Science, Statistics, Econometrics, Mathematics, Computer Science, Data Analytics, or related field.
- Being Qualified actuary (e.g., FIA, FSA, or equivalent) or Chartered Professional Accountant (CPA or equivalent) represents an advantage.
- Strong hands‑on experience with MS SQL (or equivalent database technologies).
- Experience using insurance performance monitoring tools.
- Proven expertise in data analytics and reporting tools, especially Power BI.
- Advanced MS Excel skills and strong overall MS Office proficiency.
- Experience in insurance pricing tools (e.g. Radar) represents an advantage.
- Fluent English, both written and spoken.
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.
Portfolio management specialist in Croydon employer: Allianz
At Allianz, we pride ourselves on being an exceptional employer, particularly for the Portfolio Management Specialist role based in the United Kingdom. Our collaborative work culture fosters innovation and professional growth, offering employees opportunities to engage with cross-functional teams and drive impactful change in the travel insurance sector. With a commitment to technical excellence and compliance, we provide a supportive environment where your expertise in data analysis and performance monitoring can thrive, ensuring that you contribute to meaningful outcomes while advancing your career.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio management specialist in Croydon
✨Tap into Campus Networks
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We think you need these skills to ace Portfolio management specialist in Croydon
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Allianz.
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How to prepare for a job interview at Allianz
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Allianz.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Allianz employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
