At a Glance
- Tasks: Lead portfolio remediation efforts and conduct deep-dive performance analysis.
- Company: Join Allianz, a trusted global insurance and asset management leader.
- Benefits: Enjoy competitive salary, inclusive culture, and opportunities for growth.
- Other info: Inclusive workplace that values diversity and empowers employees.
- Why this job: Make a real impact on global travel insurance portfolios and drive sustainable profitability.
- Qualifications: 8+ years in insurance data analysis; degree in relevant field required.
The predicted salary is between 59400 - 72600 £ per year.
across global travel portfolios, with an initial and primary focus on the United Kingdom market.
Conduct deep-dive analysis on individual client and portfolio performance to identify specific causes of deterioration, including rate inadequacy, rating factor drift, and shifts in risk mix.
Collaborate closely with the Pricing team to ensure tariff and non-tariff books are performing in line with expectations; recommend and implement targeted adjustments where deviations are observed.
Work hand-in-hand with the Portfolio Monitoring and Actuarial teams to identify underperforming segments, define remediation plans, and provide accurate performance data into central portfolio tools.
Ensure underwriting actions are aligned with Allianz standards and Az P Underwriting Guidelines, with a strong focus on technical soundness and commercial impact.
Support the annual planning process through robust commercial margin analysis, forecasting outcomes of remedial actions, and highlighting residual risks.
Maintain transparency on all portfolio changes and initiatives to support reserve adequacy and proper technical provisioning.
Represent underwriting in cross-functional remediation squads, working closely with Product, Distribution, and Claims to address root causes of underperformance and drive sustainable profitability.
Communicate findings and proposed actions clearly to senior leadership, with focus on data-driven rationale and outcome-focused proposals.
| Underwriting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent
Alianz Group is one of the most trusted insurance and asset management companies in the world.
Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer.
Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
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.
Join us.
Let’s care for tomorrow.
This job is with Allianz Commercial, an inclusive employer and a member of my Gwork - the largest global platform for the LGBTQ+ business community.
Reporting to the Head of Travel Underwriting for European Hub, you will be responsible for leading portfolio remediation efforts across the global travel insurance book, with an immediate focus on the United Kingdom.
This role drives technical underwriting excellence through deep-dive performance analysis at both client and portfolio level, identifying root causes of deterioration and implementing corrective action to ensure rate adequacy and sustainability.
The role partners closely with Pricing, Actuarial, Claims, and Distribution to execute targeted remediation strategies aligned with the Travel Line of Business strategy.
Ensures all underwriting actions are technically sound, commercially relevant, and fully compliant with Allianz and Az P standards.
Who you are
- 8+ years of professional experience in insurance data analysis, pricing, or performance monitoring.
- Degree in Actuarial Science, Statistics, Econometrics, Mathematics, Computer Science, Data Analytics, or related field.
- Being Qualified actuary (e. g., FIA, FSA, or equivalent) or Chartered Professional Accountant (CPA or equivalent) represents an advantage.
- Strong hands‑on experience with MS SQL (or equivalent database technologies).
- Experience using insurance performance monitoring tools.
- Proven expertise in data analytics and reporting tools, especially Power BI.
- Advanced MS Excel skills and strong overall MS Office proficiency.
- Experience in insurance pricing tools (e. g. Radar) represents an advantage.
- Fluent English, both written and spoken.
- What you do
- Lead and drive remediation efforts
- #J-18808-Ljbffr
Portfolio management specialist in Whitehall 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 Portfolio management specialist in Whitehall
✨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 Portfolio management specialist in Whitehall
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.
