Underwriter, General Aviation (m/f/d)
Underwriter, General Aviation (m/f/d)

Underwriter, General Aviation (m/f/d)

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Underwrite complex aviation risks and craft bespoke insurance solutions for clients.
  • Company: Allianz Commercial is a global leader in aviation insurance, known for its expertise and collaborative culture.
  • Benefits: Enjoy hybrid working, competitive pay, bonuses, and lifelong learning opportunities.
  • Why this job: Elevate your career while making a real impact in the aviation insurance sector.
  • Qualifications: Degree in Engineering or Economics; experience in aviation underwriting preferred.
  • Other info: Join a diverse team committed to innovation and social responsibility.

The predicted salary is between 36000 - 60000 £ per year.

We are looking for an Underwriter, General Aviation (m/f/d), based in London.

Your Team

The General Aviation team at Allianz Commercial is based in London and part of a global network of specialists. We underwrite complex aviation risks from private aircraft to commercial fleets delivering tailored solutions for our clients. Known for our technical expertise, collaborative spirit, and supportive culture, we work closely together and with the wider market to drive innovation and maintain Allianz Commercial’s leadership in aviation insurance.

The Impact You Will Have

Reporting to the Underwriting Manager for General Aviation, you will play a pivotal role in shaping the future of our aviation portfolio. You’ll work directly with clients and brokers to craft bespoke insurance solutions, driving profitable growth while strengthening key relationships and forging new ones. With responsibility for both new and renewal business across regional and global markets, you'll influence strategic underwriting decisions negotiating terms, pricing, and participation to ensure long-term success. This is a unique opportunity to elevate your underwriting career while helping Allianz Commercial reinforce its position as a global leader in aviation insurance.

Some of your specific responsibilities could include:

  • Underwrite in line with the Aviation governance framework, including Underwriting Authorities, Global MSU, and established guidelines, rules, and principles.
  • Ensure contract certainty is achieved on all accounts at the time of inception.
  • Actively engage relevant functions in the underwriting process, including Market Management, Risk Consulting, Claims, and Operations.
  • Contribute to the development and execution of the regional underwriting strategy for Aviation.
  • Build and maintain strong relationships with key brokers, clients, and stakeholders, including risk managers.
  • Ensure accurate and timely policy documentation is issued, either directly or via producers.

What You’ll Bring To The Role

  • You have a degree in Engineering, Economics or other appropriate discipline.
  • Ideally you are CII qualified or equivalent.
  • You have solid experience underwriting profitable business in the Aviation segment of large corporate international insurance, with a special focus on General Aviation.
  • You have recognised relationships with clients and brokers at peer group level and are well established within the market.
  • You have a specialised understanding of regional/local Aviation insurance markets and competitor landscape.
  • You can leverage data and analytics to make business more efficient and effective.
  • You are able to assess risk inherent exposures, business interruption and natural hazards.
  • You create relationships and communicate at all levels and with a wide range of people.
  • You have the ability to persuade and motivate others to act, without executive authority.
  • You embrace agile working and engage in constant learning, to adapt to internal and external customer needs.
  • You are willing to learn and explore how AI can enhance your role and the broader organization.

What’s in it for 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.

We believe in rewarding performance with a great compensation and benefits package, including a generous bonus scheme and pension.

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.

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.

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. Allianz Commercial helps customers to prepare for what’s ahead.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other characteristics protected under applicable local laws and regulations. Diversity of thinking is an important part of our culture.

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.

Underwriter, General Aviation (m/f/d) employer: Allianz

Allianz Commercial is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation within the General Aviation team. With a strong commitment to employee growth through lifelong learning opportunities, flexible working arrangements, and a comprehensive benefits package, Allianz ensures that its employees feel valued and supported in their careers. Join us to be part of a diverse and inclusive culture where your contributions make a meaningful impact on the future of aviation insurance.
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Contact Detail:

Allianz Recruiting Team

agcsglobalcareers@allianz.com

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter, General Aviation (m/f/d)

✨Tip Number 1

Familiarise yourself with the latest trends and developments in the aviation insurance market. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.

✨Tip Number 2

Network with professionals in the aviation insurance sector, especially those who work at Allianz or similar companies. Attend industry events or join relevant online forums to build connections that could provide valuable insights and potentially refer you for the position.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully underwritten complex aviation risks in the past. Highlight your ability to negotiate terms and build relationships with clients and brokers, as these skills are crucial for the role.

✨Tip Number 4

Showcase your understanding of data analytics in underwriting. Be ready to explain how you've used data to assess risks and improve efficiency in previous roles, as this aligns with Allianz's focus on leveraging technology in their operations.

We think you need these skills to ace Underwriter, General Aviation (m/f/d)

Aviation Insurance Knowledge
Underwriting Expertise
Risk Assessment Skills
Client Relationship Management
Negotiation Skills
Data Analysis and Interpretation
Market Research Skills
Attention to Detail
Communication Skills
Problem-Solving Skills
Agile Working Practices
Technical Proficiency in Insurance Software
Understanding of Regulatory Frameworks
Ability to Work Collaboratively

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in aviation underwriting. Emphasise your technical expertise and any specific achievements that align with the responsibilities outlined in the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the aviation insurance market. Mention your relationships with clients and brokers, and how your skills can contribute to Allianz Commercial's goals.

Highlight Relevant Qualifications: Clearly state your degree and any professional qualifications, such as CII. If you have experience with data analytics or risk assessment, make sure to include that as well.

Showcase Soft Skills: In your application, demonstrate your ability to build relationships and communicate effectively. Provide examples of how you've persuaded others or worked collaboratively in previous roles.

How to prepare for a job interview at Allianz

✨Understand the Aviation Landscape

Familiarise yourself with the current trends and challenges in the aviation insurance market. Being able to discuss recent developments or changes in regulations will demonstrate your expertise and interest in the field.

✨Showcase Your Technical Skills

Prepare to discuss your technical knowledge related to underwriting, especially in General Aviation. Be ready to explain how you assess risks and make strategic decisions based on data and analytics.

✨Build Rapport with Interviewers

Since relationship-building is key in this role, practice engaging with your interviewers. Use examples from your past experiences to illustrate how you've successfully built relationships with clients and brokers.

✨Demonstrate Adaptability

Highlight your willingness to embrace agile working and continuous learning. Discuss any experiences where you've adapted to new technologies or processes, particularly in relation to AI and its application in underwriting.

Underwriter, General Aviation (m/f/d)
Allianz
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