Captive Fronting Underwriting Technician in London

Captive Fronting Underwriting Technician in London

London Full-Time 37800 - 46200 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Coordinate underwriting processes and improve systems while liaising with clients and teams.
  • Company: Join Allianz Commercial, a leader in tailored insurance solutions.
  • Benefits: Enjoy hybrid working, competitive pay, bonuses, and lifelong learning opportunities.
  • Other info: Inclusive culture with support for flexible working and career growth.
  • Why this job: Make a real impact in a dynamic team and develop your insurance skills.
  • Qualifications: Experience in insurance operations and strong coordination skills are essential.

The predicted salary is between 37800 - 46200 £ per year.

We are looking for a Captive Fronting Underwriting Technician to join our Alternative Risk Transfer team based in London.

Your Team

The Alternative Risk Transfer (ART) team is part of Allianz Commercial and creates tailored insurance solutions for corporate clients facing risks that go beyond what traditional insurance covers. We work with companies across a wide range of industries — helping them manage complex, often hard-to-place risks through creative, long-term programs. ART is a growing part of the business, and our team works closely together across underwriting, deal services, and claims to deliver for our clients. It's a great environment to continue to build your technical insurance skills and learn something new every day.

The Impact You Will Have

This role sits at the heart of how we manage the servicing and finance aspects of our Global Captive Fronting Underwriting (GCFU) portfolio. You'll work closely with GCFU Program Managers and Subject Matter Experts to make sure pre and post close activities, with special focus to finance related ones to ensure KPIs are met — acting as the key link between several teams including AGCS Multinational, ART's Global Captive Underwriting team, Deal Services, and Finance Operations, with the possibility of progressively gaining exposure to external clients.

No two days look the same. You'll be coordinating across teams and time zones, chasing down discrepancies, resolving queries, and making sure the numbers tell the right story. You'll also work alongside our ART systems experts to improve how GCFU business is captured and reflected in our platforms — meaning you'll have a real say in shaping the tools and processes the team relies on.

If you're someone who's detail-oriented, enjoys problem-solving, and thrives when working across multiple stakeholders, this is a role where your contribution will be visible and genuinely valued.

Some of your specific responsibilities could include:

  • Monitoring of transactions: Ensure all transactions within the assigned area(s) are properly entered into the underwriting systems. Coordinate information flow externally and internally and ensure ongoing internal processes on assigned transactions are followed.
  • Create payments requests following Program Manager's and Underwriters' guidance and monitor inwards and outwards payments to meet either standard or specific KPIs. Act as liaison point between them, GCU team members and finance.
  • Client Interaction: Work with external clients to ensure we have the same risks / premiums / claims on mutual contracts. Support Program Manager, Underwriters to anticipate client's cash flow expectations and support underwriters in providing regular updates to retrocessionaires.
  • Process and Systems Improvements: Work with underwriters, other deal management staff, finance and IT development to develop improvements / enhancements for the underwriting and processing systems.
  • General: Support in implementing KYCs procedures and preparation of standard insurance information and documentation. Assist in general operations tasks and process development cross functions, contribute on assigned projects.

What You’ll Bring to the Role

This role would suit someone with practical experience in an insurance operations, underwriting support, or deal services environment. Ideally you'll have:

  • Experience entering, tracking, or reconciling transactions within (re)insurance underwriting or policy administration systems.
  • Exposure to payment processing and an understanding of premium and claims cash flows.
  • Confidence working with external clients or brokers in a professional, detail-driven capacity.
  • A track record of coordinating across multiple internal teams — you're comfortable being the person who joins the dots.
  • Some involvement in process or systems improvement initiatives, even informally.
  • Familiarity with KYC or compliance procedures within a regulated financial services environment.
  • Professional qualifications.

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 recognises 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.

Allianz Commercial is the centre 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.

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.

Join us. Let's care for tomorrow.

Captive Fronting Underwriting Technician in London 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 Captive Fronting Underwriting Technician in London

✨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 Captive Fronting Underwriting Technician in London

Insurance Operations
Underwriting Support
Transaction Monitoring
Payment Processing
Client Interaction
Process Improvement
KYC Procedures

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.