Assistant Head of Credit Underwriting

Allianz
London
Workplace: HybridFull timeFunction: Insurance & ActuarialSkills: ["Communication","Commercial awareness","Customer focus","Stakeholder management","Decision making"]

Drive profitable, sustainable growth for Allianz Trade by implementing the BU trade sector underwriting strategy within a team. Execute the approved Group RIC strategy, coordinate sector portfolio risk evolution, and validate credit limit decisions beyond team authority. Lead and engage directly with top accounts, support loss-ratio steering, represent Risk cross-functionally, and own projects while developing the team through training and continuous capability building.

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FursaFursa
Allianz
Allianz
2 days ago

Assistant Head of Credit Underwriting

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Last checked: 11 hours agoStatus: Live

Job Summary

Drive profitable, sustainable growth for Allianz Trade by implementing the BU trade sector underwriting strategy within a team. Execute the approved Group RIC strategy, coordinate sector portfolio risk evolution, and validate credit limit decisions beyond team authority. Lead and engage directly with top accounts, support loss-ratio steering, represent Risk cross-functionally, and own projects while developing the team through training and continuous capability building.
Location: London
Workplace: Hybrid
Employment Type: Full time
Job Function: Insurance & Actuarial
Seniority: Manager level

Key Responsibilities

  • •Implement the approved Group RIC strategy and associated action plans within the Business Unit.
  • •Coordinate sectoral risk portfolio evolution, underwrite and monitor risk decisions, and validate credit limit requests beyond underwriting team authorities.
  • •Engage personally in the acquisition and management of top accounts through regular meetings and contacts with customers and brokers.
  • •Support loss ratio steering by proposing actions to ensure or restore portfolio profitability.
  • •Represent the Risk department in workshops and projects, lead initiatives related to RBM and IRP matters, and ensure training processes for team development.

Pay and Benefits

Perks:Life AssuranceHealth InsuranceIncome ProtectionHybrid WorkingShare IncentiveInsurance Discounts

Key Requirements

  • •Strong knowledge of dedicated business industries and the trade credit insurance landscape.
  • •Strong business and finance assessment skills.
  • •In-depth knowledge and experience in Euler Hermes underwriting practices and methodologies.
  • •High level of commercial awareness and commitment to customer service excellence.
  • •Excellent communication skills, able to clearly articulate and defend underwriting decisions, including navigating difficult meetings with senior stakeholders.
Skills:CommunicationCommercial awarenessCustomer focusStakeholder managementDecision making
Tech Stack:AI

Company Brief

Allianz
Global insurance and financial services group offering property-casualty insurance, life and health insurance, asset management, and corporate risk solutions to individuals, businesses, and institutions across more than 70 countries.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Munich, Germany
Founded: 1890
WebsiteLinkedIn