At a Glance
- Tasks: Drive profitable new business in Property & Casualty underwriting while building strong broker relationships.
- Company: Join Allianz, a leading global insurance and asset management group.
- Benefits: Flexible working options, competitive salary, and a range of employee benefits.
- Other info: Inclusive workplace with support for neurodiversity and flexible working arrangements.
- Why this job: Make a real impact in a dynamic role with opportunities for growth and innovation.
- Qualifications: Experience in Commercial Property & Casualty underwriting and strong analytical skills.
The predicted salary is between 55000 - 65000 £ per year.
At Allianz, we’re proud to be one of the world’s leading insurance and asset management groups. Our mission is to secure the future for our customers, employees, and communities while fostering innovation and delivering outstanding service. As part of our continued growth in the UK commercial market, we’re looking for a Senior Property & Casualty Underwriter to join our Chelmsford office on a hybrid basis, playing a key role in driving profitable new business.
Role Description
This is an exciting opportunity for an experienced underwriter to take ownership of new business development across Property & Casualty lines. You will work closely with brokers and internal stakeholders to identify, shape, and secure high-quality opportunities while maintaining underwriting discipline and profitability.
- Underwrite new business across Property and Casualty risks in line with Allianz underwriting appetite and authority levels
- Proactively identify and develop new broker relationships, driving growth through strong market engagement
- Deliver profitable new business by applying sound underwriting judgment and technical expertise
- Analyse risk exposures, terms, and pricing using data and underwriting tools
- Build and maintain strong relationships with key brokers and internal teams
- Contribute to regional business plans and growth strategies
- Ensure compliance with regulatory requirements and internal governance standards
- Act as a senior referral point and mentor for less experienced underwriters where appropriate
Salary Information
Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You
- Proven experience in Commercial Property & Casualty underwriting, with a strong focus on new business
- Strong technical underwriting expertise and risk assessment capability
- Commercial mindset with a track record of delivering profitable growth
- Excellent negotiation and relationship management skills
- Strong analytical and decision making capability
- Ability to work autonomously while contributing to wider team objectives
Essential Skills
- Deep knowledge of Property & Casualty products, coverage, and terms
- Proven ability to identify and win new business opportunities
- Strong understanding of market dynamics, competition, and broker strategies
- Strong ability to assess complex risks and exposures
- Experience with pricing, wordings, and underwriting frameworks
- Understanding of reinsurance, aggregation, and portfolio impacts
Desirable Skills
- 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 ABIs 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.
Integrity, Fairness, Inclusion & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success. We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Accessible Application for All
As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role. Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Dharmesh Pancholi.
Closing date 30 June 2026. We reserve the right to close the advert early if we reach enough applications.
Join us - Let’s Care for Tomorrow.
Senior Property & Casualty New Business Underwriter employer: Allianz
At Allianz, we pride ourselves on being a leading employer in the insurance sector, offering a dynamic work environment in our Chelmsford office. Our commitment to employee growth is reflected in our flexible working options, comprehensive benefits package, and a strong focus on inclusivity and diversity. Join us to be part of a culture that values innovation, supports your career development, and rewards your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Property & Casualty New Business Underwriter
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and engage on platforms like LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching Allianz and understanding their values and mission. Tailor your responses to show how your experience aligns with their goals, especially in driving profitable new business.
✨Tip Number 3
Practice your negotiation skills! As an underwriter, you’ll need to demonstrate strong negotiation abilities. Role-play scenarios with friends or mentors to build confidence before the real deal.
✨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 serious about joining Allianz and contributing to our mission.
We think you need these skills to ace Senior Property & Casualty New Business Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Property & Casualty Underwriter role. Highlight your relevant experience in commercial underwriting and any successful new business development you've been involved in. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our mission at Allianz. Don’t forget to mention your strong negotiation and relationship management skills – we love that!
Showcase Your Technical Expertise:In your application, be sure to showcase your technical underwriting expertise and risk assessment capabilities. We’re looking for someone who can analyse complex risks and make sound decisions, so give us examples of how you've done this in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get you on board!
How to prepare for a job interview at Allianz
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of Property & Casualty products, coverage, and terms. Be ready to discuss specific underwriting scenarios and how you've successfully assessed risks in the past. This will show that you have the technical expertise Allianz is looking for.
✨Build Relationships Before the Interview
Since this role involves working closely with brokers, it’s a good idea to network with industry professionals before your interview. Reach out to brokers or colleagues in the field to gain insights about current market dynamics and trends. This will help you demonstrate your proactive approach during the interview.
✨Prepare for Scenario-Based Questions
Expect questions that assess your analytical and decision-making skills. Prepare examples of how you've identified and secured new business opportunities in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.
✨Showcase Your Commercial Mindset
Allianz values a commercial mindset, so be prepared to discuss how you've contributed to profitable growth in your past positions. Highlight any strategies you've implemented that led to successful outcomes, and be ready to talk about how you would apply similar strategies in this new role.
