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About the Role
This is an exciting opportunity to join the expert-led Allianz Commercial team as a Construction Underwriter, playing a key role in delivering profitable growth across both new and existing business. The candidate will support the development of a world-class, multi-niche Insurance & Engineering offering, contributing to ambitious regional growth targets.
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
- Broker and client engagement
- Risk assessment and pricing
- Negotiation
- Market opportunity identification
- Underwriting strategy
- Collaboration with internal stakeholders
- Artificial Intelligence usage
Location
- London
Work Type
- Hybrid working
Experience Level
- Professional
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
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 is committed to fostering an inclusive, accessible workplace where everyone can thrive.
- Allianz is a Disability Confident employer.
Equal Opportunity
- 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, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching.
- 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.