At a Glance
- Tasks: Support and deliver delegated authority and proposition governance in a dynamic insurance environment.
- Company: Join Allianz, the world's number one insurance brand with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and a range of perks tailored for you.
- Other info: Hybrid working model with opportunities for global career growth and personal development.
- Why this job: Make a real impact on customer outcomes while developing your career in governance.
- Qualifications: Experience in insurance or governance, strong organisational and stakeholder management skills.
The predicted salary is between 42500 - 47500 £ per year.
The purpose of this role is to support and deliver delegated authority (DA) and proposition governance across Allianz Commercial within Underwriting & Product Services, ensuring activity is appropriately controlled, challenged and delivered in line with customer, regulatory and commercial expectations.
The role provides end-to-end coordination across delegated authority arrangements and proposition developments, ensuring robust governance, clear audit trails, effective oversight, appropriate challenge and timely approvals. The role supports alignment with Consumer Duty, Product Governance requirements, Allianz Holdings standards and internal governance frameworks while promoting the delivery of good customer outcomes.
This role is based in our London or Guildford offices, please note that this is a hybrid working role, with an expectation to attend the office at least twice per month.
Salary: Circa £45,000 per year. This is based on experience, skills and location and forms part of our total reward package.
About You
- Proposition Governance
- Support delivery and embedding of the proposition governance framework across Allianz Commercial.
- Maintain and oversee the Propositions Register, ensuring accurate records and a clear audit trail.
- Lead completion of Proposition Development Templates (PDTs), ensuring appropriate challenge, relevant stakeholder engagement, evidence and approvals are obtained.
- Track governance actions and decisions through to implementation and closure.
- Identify governance gaps, risks, dependencies and potential customer impacts, escalating where appropriate.
- Coordinate Proposition Development Steering including agendas and materials.
- Delegated Authority Governance
- Conduct Partner Inspections where DA agreements are in place including remediation tracking.
- Support ongoing governance and oversight of DA arrangements.
- Maintain governance records, action logs and audit trails relating to DA arrangements.
- Maintain and update DA contracts.
- Assist co-ordination of DA annual reviews.
- Monitor governance activities and identify, escalate and track issues, risks and control weaknesses.
- Support implementation of Consumer Duty requirements within DA governance processes, including partner oversight, co-manufacturing responsibilities, fair value considerations and customer outcome monitoring.
- Reporting, Governance & Continuous Improvement
- Produce and maintain governance reporting and management information for DA and proposition activity.
- Maintain accurate information within reporting platforms and governance tools.
- Support development and enhancement of reporting platforms to improve oversight, reporting and governance effectiveness.
- Identify opportunities to simplify governance processes and improve efficiency, consistency and control effectiveness.
- Support implementation of AI, automation and digital tooling to reduce manual effort and improve governance outputs.
- Contribute to broader governance, change and transformation initiatives across Underwriting & Product Services.
Essential Skills
- Experience in insurance underwriting, delegated authority, product or proposition governance, or a related governance discipline.
- Strong stakeholder management skills, with the ability to influence and challenge constructively.
- Excellent organisational skills, with the ability to manage multiple governance activities simultaneously.
- Strong attention to detail and ability to maintain robust audit trails.
- Experience producing governance reporting, MI and committee papers.
- Knowledge of governance frameworks, risk management and control environments.
Desirable Skills
- Understanding of delegated authority governance, including onboarding, inspections, contracts and annual reviews.
- Knowledge of Product Governance, Consumer Duty and customer outcome requirements.
- Experience working with proposition governance frameworks and PDT processes.
- Experience operating within formal governance forums and escalation routes.
- Experience improving processes through automation, digital tools or data-led insights.
- Responsible Artificial Intelligence usage.
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 ABI's 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.
Inclusive Support & Accessibility
At Allianz, we are committed to fostering an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We’re here to support you.
If you have a disability or long-term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme. Contact our Resourcing team to opt into this scheme or for any assistance during the recruitment process including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Matthew Mckevitt.
If you are an at-risk candidate facing potential redeployment, please include this information in your CV.
Closing date: 30/07/26. We reserve the right to close the advert early if we reach enough applications.
Delegated Authority & Proposition Governance Specialist employer: Allianz
At Munich Re Specialty – Global Markets, we pride ourselves on being an exceptional employer that fosters a culture of support, innovation, and inclusivity. Our commitment to employee growth is reflected in our comprehensive benefits package, including generous annual leave, a non-contributory pension, and opportunities for professional development. Located in a vibrant community, we not only focus on individual success but also encourage our team to engage in local initiatives, making a meaningful impact both within and outside the workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority & Proposition Governance Specialist
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Allianz). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Allianz. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Delegated Authority & Proposition Governance Specialist
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Allianz.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Allianz. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Allianz
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Allianz to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Allianz, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Allianz's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.