Senior Construction Underwriter in London

Senior Construction Underwriter in London

London Full-Time 60000 - 75000 € / year (est.) No home office possible
Ultimate.ai

At a Glance

  • Tasks: Underwrite construction risks and build strong broker relationships in a dynamic team.
  • Company: Join Allianz, the world's number one insurance brand with a focus on innovation.
  • Benefits: Enjoy flexible working, competitive salary, and a range of perks tailored for you.
  • Other info: Diversity and inclusion are at our core; we welcome all applicants.
  • Why this job: Make an impact in a challenging role while developing your career in insurance.
  • Qualifications: Proven experience in construction underwriting and strong negotiation skills required.

The predicted salary is between 60000 - 75000 € per year.

This is an exciting opportunity to take on a challenging role in our expert led Allianz Construction team. As an integral member within the Regional team your focus will be on profitable growth, retention and technical excellence in building a World class, multi-niche Insurance & Engineering related service, with ambitious growth targets. You will be responsible for underwriting Construction risks with associated Casualty/Liability covers, ensuring customer business growth and retention.

As a Senior Underwriter, you will be a Senior Authority holder focused on winning and retaining business of a large and complex nature. You will provide excellent service to customers, build and develop successful broker relationships and be visible in the local market, thriving on face-to-face contact with brokers and end customers. This role will be hybrid from our offices in either Manchester, Leeds or Birmingham.

About You

We don't expect you to know everything from day one, but the following will enable you to hit the ground running:

  • Underwrite new and renewal accounts to meet top and bottom-line targets.
  • Positively represent AzC externally to the market.
  • Support development and execution of regional Underwriting strategy.
  • Support key business initiatives.
  • Generate new producer relationships.
  • Participate/contribute to key projects.
  • Negotiate price and terms and conditions with producers.
  • Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary).
  • Proactively drive involvement of functional areas in Underwriting process, including e.g., MMC, ARC, Claims, Operations.
  • Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g., risk managers).

Essential Skills

  • Seasoned professional with proven track record in construction underwriting with a heavy focus on Civils.
  • Confidence and articulate – you need to be comfortable engaging with brokers and undertaking negotiations, proactively representing Allianz to the market.
  • Analytical and Strategic – you need to be able to review submissions and understand Allianz’s appetite whilst considering market conditions.
  • Team player but self-motivated and willing to train/mentor junior members of the team.
  • Competent IT skills.

Desirable skills

  • Passion about your development.
  • Taking initiative and being proactive within a team.

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.

Diversity & Inclusion

At Allianz, we prioritize diversity and inclusion, 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.

We reserve the right to close the advert early if we reach enough applications. Closing date 31st March 2026.

Senior Construction Underwriter in London employer: Ultimate.ai

Allianz is an exceptional employer, offering a dynamic work environment where you can thrive as a Senior Construction Underwriter. With flexible working options, a strong focus on employee development, and a commitment to diversity and inclusion, you'll find ample opportunities for growth and career advancement. Located in vibrant cities like Manchester, Leeds, or Birmingham, you will enjoy a supportive culture that values your contributions while providing a comprehensive benefits package tailored to your needs.

Ultimate.ai

Contact Detail:

Ultimate.ai Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Construction Underwriter in London

Tip Number 1

Get to know the company inside out! Research Allianz's values, recent projects, and their approach to construction underwriting. This will help you tailor your conversations and show that you're genuinely interested in being part of the team.

Tip Number 2

Network like a pro! Attend industry events or local meet-ups where you can connect with brokers and other professionals. Building those relationships can give you an edge when it comes to landing that Senior Underwriter role.

Tip Number 3

Practice your pitch! Be ready to articulate your experience and how it aligns with Allianz’s goals. Highlight your analytical skills and past successes in construction underwriting to make a lasting impression during interviews.

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 ready to contribute to our ambitious growth targets.

We think you need these skills to ace Senior Construction Underwriter in London

Construction Underwriting
Civils Expertise
Negotiation Skills
Analytical Skills
Strategic Thinking
Relationship Management
Business Development

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Construction Underwriter role. Highlight your experience in construction underwriting and any relevant skills that match the job description. We want to see how you can contribute to our ambitious growth targets!

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 background aligns with our goals at Allianz. Don’t forget to mention your ability to build strong broker relationships, as that's key for us.

Showcase Your Analytical Skills:Since the role requires analytical and strategic thinking, make sure to include examples of how you've successfully reviewed submissions or negotiated terms in the past. We love seeing candidates who can think critically and adapt to market conditions!

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 from our team!

How to prepare for a job interview at Ultimate.ai

Know Your Underwriting Inside Out

Make sure you brush up on your construction underwriting knowledge, especially in Civils. Be prepared to discuss specific cases and how you approached underwriting risks. This will show your expertise and confidence in the field.

Build Rapport with Brokers

Since this role involves a lot of face-to-face interaction, practice how you can quickly build rapport with brokers. Think of some icebreakers or questions that can help you connect on a personal level while discussing business.

Demonstrate Analytical Skills

Be ready to showcase your analytical abilities during the interview. Prepare examples where you've successfully reviewed submissions and made strategic decisions based on market conditions. This will highlight your fit for the role.

Showcase Your Team Spirit

While being self-motivated is key, don’t forget to emphasise your ability to work within a team. Share experiences where you’ve mentored junior members or collaborated on projects, as this aligns with the company’s values.