Delegated Authority Underwriting Portfolio Solutions Manager

Delegated Authority Underwriting Portfolio Solutions Manager

Full-Time 58540 - 71548 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage delegated underwriting authorities and drive portfolio performance in a dynamic insurance environment.
  • Company: Join Allianz Commercial, a leader in the insurance industry with a focus on innovation.
  • Benefits: Enjoy a competitive salary, generous bonuses, hybrid working, and lifelong learning opportunities.
  • Other info: Inclusive culture with flexible working arrangements and a commitment to sustainability.
  • Why this job: Make a real impact in a fast-growing segment of the commercial insurance market.
  • Qualifications: 5+ years in Delegated Underwriting or similar roles, strong analytical and problem-solving skills.

The predicted salary is between 58540 - 71548 £ per year.

We are seeking an experienced Delegated Authority Underwriting Portfolio Solutions Manager to join our team.

The Team

The Delegated Authority & Portfolio Solutions team at AGCS manages and oversees our relationships with coverholders, Managing General Agents (MGAs), and other distribution partners who underwrite specialist insurance products on our behalf within agreed authorities. The team is responsible for driving the performance, governance, and growth of our delegated authority book across multiple lines of business — ensuring robust oversight, monitoring portfolio performance, and positioning AGCS as a leader in this fast-growing segment of the commercial and specialty insurance market.

The Impact You Will Have

Reporting to the Regional Head of Delegated Authority and Portfolio Solutions, you will contribute 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.

Some of your specific responsibilities could include:

  • Lead oversight and management of active and new Portfolio Solution active accounts.
  • Build and implement streamlined processes and procedures to accommodate increasing workload and growth of the portfolio.
  • Oversee implementation of facility reporting system, Distribind Borderaux management tools, 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 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.
  • A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.

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.

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 matter, 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.

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.

Delegated Authority Underwriting Portfolio Solutions Manager employer: Allianz

Allianz Commercial is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee growth and development. With a strong focus on career advancement through tailored training programmes and flexible working options, employees can thrive in their roles while enjoying a comprehensive benefits package. The home-based nature of the Senior Risk Control Surveyor position, combined with opportunities for travel across the UK, allows for a unique work-life balance and the chance to engage directly with clients in diverse environments.

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Contact Details:

Allianz Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Delegated Authority Underwriting Portfolio Solutions Manager

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

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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 Underwriting Portfolio Solutions Manager

Delegated Underwriting
Portfolio Management
Governance Frameworks
Bordereaux Management Systems
Data Management
Analytical Abilities
Problem-Solving Skills

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.