At a Glance
- Tasks: Lead a team in managing delegated underwriting authorities and streamline governance processes.
- Company: Join Allianz Commercial, a leader in insurance for mid-sized businesses and special risks.
- Benefits: Enjoy a competitive salary, bonus scheme, hybrid working, and lifelong learning opportunities.
- Why this job: Make a real impact in a dynamic environment while developing your career in insurance.
- Qualifications: 5+ years in Delegated Underwriting or similar roles, with strong analytical and communication skills.
- Other info: Inclusive workplace with flexible working arrangements and a commitment to sustainability.
The predicted salary is between 36000 - 60000 £ per year.
Overview
The Impact You Will Have
Reporting to the Regional Head of Delegated Authority and Portfolio Solutions, you will contribute to managing the book of delegated underwriting authorities and portfolios by executing the strategy to support underwriting and managing service offerings. You will support the management of the team and implement robust yet streamlined governance frameworks for arrangements whilst managing wide-ranging queries from the business, technical underwriting and operational processes.
Characterised by strong governance, collaboration with stakeholders and a focus on data-driven, efficient processes to support growth of the portfolio.
Responsibilities
- Provide leadership, guidance and oversight of the team, offering support with day-to-day queries as required and encourage teamwork and high employee engagement.
- Build and implement streamlined processes and procedures to accommodate increasing workload and growth of the portfolio.
- Oversee implementation of facility reporting system, Distribind, ensuring the business has visibility on account performance.
- Collaborate closely with the Head on Key Strategic Account Partnerships to ensure seamless and effective management of facilities.
- Establish and maintain relationships with key stakeholders, including Underwriters, Claims, Compliance, Finance, Actuarial, and operations.
- Act as an educator and primary support for underwriters on all technical, facility management, controls, and processes.
- Manage and review the deal structures, consulting and agreeing on non-commercial terms and monitor and manage in line with functional rules.
- Coordinate the onboarding of new MGA and facilities, as well as renewal contracts.
- Demonstrate strong data management skills and capabilities for data interrogation.
What You\’ll Bring to the Role
- Preferably 5 or more years of experience in the London Delegated or Portfolio Solutions market.
- Preferred background includes roles in Delegated Underwriting, Delegated Operations, Technical Operations, or similar.
- Preferably, an understanding of and capability to use Bordereaux Management Systems.
- Understanding of Xchanging preferred.
- Proven problem-solving, multi-tasking, and analytical abilities.
- Comfortable working both independently and in a remote environment.
- Excellent time management skills, ability to prioritize and multitask while maintaining focus on detail and quality of deliverables.
- Good communication and interpersonal skills to interact effectively and develop/maintain relationships with brokers, underwriters, and various internal departments.
- Expertise in Microsoft Office applications, particularly advanced capabilities in Excel.
- Ability to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.
Additional information
81904 | Underwriting | Professional | Allianz Commercial | Full Time or Part Time | Permanent
What\’s in it for you?
Let\\\’s care about everything that makes you, 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.
Let\\\’s care for your 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.
Let\\\’s care for your opportunities to progress
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.
Let\\\’s care for life\\\’s twists and turns
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 your back.
Let\\\’s care for our society and our planet
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.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what\\\’s ahead.
Learn more about careers at Allianz Commercial by visiting our site. Learn more about Allianz Commercial by visiting our site.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
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.
Join us. Let\\\’s care for tomorrow.
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
Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
#LI-CP1
#LI-Hybrid
#J-18808-Ljbffr
Delegated Authority and Portfolios Solutions Manager employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority and Portfolios Solutions Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in delegated underwriting or portfolio solutions. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and understanding of governance frameworks. Be ready to discuss how you can streamline processes and improve team collaboration, as these are key aspects of the role.
✨Tip Number 3
Showcase your data management skills! Bring examples of how you've used data-driven insights to optimise outcomes in previous roles. This will demonstrate your ability to contribute to the growth of the portfolio effectively.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Allianz Commercial.
We think you need these skills to ace Delegated Authority and Portfolios Solutions Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Delegated Authority and Portfolios Solutions Manager. Highlight your relevant experience in delegated underwriting and portfolio solutions, and don’t forget to showcase your leadership skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific examples from your past that demonstrate your problem-solving abilities and your knack for collaboration.
Showcase Your Data Skills: Since this role involves strong data management skills, make sure to highlight your experience with data interrogation and any Bordereaux Management Systems you’ve used. We love seeing how you can integrate AI-driven insights into your work!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at Allianz
✨Know Your Stuff
Make sure you brush up on your knowledge of delegated underwriting and portfolio solutions. Familiarise yourself with the key terms and processes mentioned in the job description, like Bordereaux Management Systems and facility reporting systems. This will show that you're not just interested in the role but also understand the technical aspects.
✨Showcase Your Leadership Skills
Since this role involves providing leadership and guidance, be prepared to discuss your previous experiences in managing teams or projects. Think of specific examples where you encouraged teamwork or improved employee engagement. This will demonstrate your capability to lead effectively.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving and analytical skills. Prepare scenarios where you've had to manage complex queries or streamline processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Build Rapport with Interviewers
Remember, interviews are a two-way street! Take the time to connect with your interviewers. Ask insightful questions about their team dynamics or how they measure success in the role. This not only shows your interest but also helps you gauge if the company culture aligns with your values.