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About the Role
This role involves underwriting new business construction risks to support profitable growth and the development of a world-class insurance and engineering offering.
Responsibilities
- Underwrite new business construction risks to meet growth and profitability targets
- Manage extensions, ensuring strong retention and positive customer outcomes
- Assess and price risk in line with Allianz appetite and underwriting strategy
- Build and maintain strong broker and client relationships through regular engagement
- Negotiate terms, conditions, and pricing with brokers to secure sustainable business
- Proactively identify and develop new business opportunities within the market
- Contribute to regional underwriting strategy and key business initiatives
- Collaborate with internal stakeholders including Claims, Operations, and Risk teams
- Represent Allianz positively in the market, attending broker and client meetings
Requirements
- Proven experience in construction underwriting, including casualty/liability covers
- Strong ability to underwrite both new and renewal business effectively
- Confident communicator, comfortable engaging with brokers and negotiating outcomes
- Analytical mindset with the ability to assess complex risks and market conditions
- Commercial awareness with a focus on profitable growth and retention
- Self-motivated team player with the ability to support and mentor others
- Experience handling or exposure to slip business
- Proactive and driven with a strong focus on personal and professional development
- Ability to take initiative and contribute positively within a team environment
- Responsible Artificial Intelligence usage
Skills
- Construction underwriting
- Casualty/liability covers
- Underwriting new and renewal business
- Communication
- Negotiation
- Risk assessment
- Market analysis
- Commercial awareness
- Teamwork
- Mentoring
- Slip business handling
- Proactive
- Driven
- Personal development
- Professional development
- Initiative
- AI usage
Location
- London
Work Type
- Hybrid working
- Full-Time
- Permanent
Experience Level
- Professional
Salary/Compensations
- Pay is based on relevant experience, skills for the role, and location.
Benefits
- 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
- Flexible working options
- Global career opportunities across the wider Allianz Group
- Fantastic career development and training
About the Company
- Allianz Commercial is an expert-led team focused on delivering profitable growth.
- Allianz is the world's number one insurance brand.
- Allianz is a signatory of the ABIs flexible working charter.
- Allianz aims to help innovation, creativity, and employees thrive.
Equal Opportunity
- At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive.
- As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace.
- We want to encourage candidates to speak with us about any adjustments they may need.
- If you have a disability or long‑term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.