Junior Underwriter, Property (London, GB, EC2N 3AR)

Allianz
London
Workplace: HybridFull timeFunction: Banking, Lending & CreditSkills: ["Communication","Collaboration","Relationship building","Problem solving","Initiative"]

Support underwriting of large corporate property risks within the Property line of business, working with the wider UK Property team on both new business and renewals. Take ownership of parts of the underwriting process by applying your authority to make independent decisions that ensure policies are reviewed, priced, and issued accurately and on time. Collaborate with Risk Consulting, Claims, Distribution and Operations, and build strong broker and client relationships.

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Allianz
Allianz
1 day ago

Junior Underwriter, Property (London, GB, EC2N 3AR)

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Last checked: 15 hours agoStatus: Live

Job Summary

Support underwriting of large corporate property risks within the Property line of business, working with the wider UK Property team on both new business and renewals. Take ownership of parts of the underwriting process by applying your authority to make independent decisions that ensure policies are reviewed, priced, and issued accurately and on time. Collaborate with Risk Consulting, Claims, Distribution and Operations, and build strong broker and client relationships.
Location: London
Workplace: Hybrid
Employment Type: Full time · Permanent
Job Function: Banking, Lending & Credit
Seniority: Entry level

Key Responsibilities

  • •Support all underwriting activities within the Property line of business.
  • •Assist in achieving profitability targets for new and renewal business.
  • •Contribute to contract certainty by ensuring precision in underwriting processes and procedures.
  • •Contribute to the development and execution of the regional underwriting strategy.
  • •Collaborate with Risk Consulting, Claims, Distribution and Operations to enhance the underwriting process and prepare management reporting and analytics.

Pay and Benefits

Perks:Annual BonusPensionHealth InsuranceParental Leave

Key Requirements

  • •Prior experience in corporate insurance in the London market, ideally in Property Underwriting.
  • •Good understanding of the Property insurance market and competitor landscape.
  • •Understanding of the policy administration life cycle, including information collection, policy issuance, premium bookings, and credit control.
  • •Commercial acumen with the ability to build and maintain relationships with brokers and clients.
  • •Strong communication skills and awareness of the legal and regulatory environment.
Experience:Corporate insuranceProperty underwritingLondon market
Skills:CommunicationCollaborationRelationship buildingProblem solvingInitiative
Tech Stack:ExcelPivot tablesV look-upPower BIMicrosoft OfficeAI

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