Delegated Underwriting Expert

Delegated Underwriting Expert

Let’s care for tomorrow.

Your ambitions . Your dreams . Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for an Delegated Underwriting Expert based in London.

The Team

The Delegated Authority Governance team sits within Underwriting Integrity & Solutions (UWIS) at AGCS and is responsible for all governance relating to Delegated Underwriting Authority Facilities across the business globally. The team owns and maintains the UW Facility Functional Rule, oversees the Internal Annual Facilities Review and Program Review process, and manages all contract agreement templates in collaboration with Legal & Compliance. Key responsibilities include ensuring the presentation of significant Facilities to the Underwriting Committee and Board of Management for approval, reporting on the Facility Inventory, tracking and remediating breaches of authority, overseeing sub-delegation arrangements, and acting as the central point of management for all Subject Matter clauses and addenda to Delegated Underwriting Authority contracts. The team works cross-functionally with Lines of Business, Portfolio Solutions, Distribution, Claims, Outsourcing, Risk Management, and Compliance to ensure robust controls and governance are in place throughout the full lifecycle of every Facility — from onboarding and active underwriting through to renewal and exit.

The Impact You Will Have

The purpose of the role is to help and facilitate an effective supervision and monitoring in respect of delegated activities whilst providing continuous improvements to the function.

Some of your specific responsibilities could include :

• Ensuring new and renewal binders for the strategic relationship are assessed and approved in line with agreed approval process.

• Liaise with relevant internal and external stakeholders to ensure mid-term change requests are handled and approved in line with the unique Governance needs .

• Ensuring any breaches from Distribind are notified in line with our internal processes to the business managers and managing any queries, which arise from this oversight.

• Support the wider Delegated Governance team to ensure internal procedures and systems relating to all delegated methods of placement are kept up to date and adhere to regulatory requirements and best practice guidelines.

• Conducting ad-hoc project work in line with the Delegated Governance team strategy and supporting internal stakeholders and other members of the team where required .

• Assist in other activities of the team as required to comply with relevant AGCS procedures and policies.

• Build and maintain strong working relationships with key stakeholders within the business.

What You’ll Bring to the Role

• The ability to establish close working relationships with a range of talented professionals who operate under constant time pressure.

• Excellent organisational skills.

• Analytical, able to review reports, extract relevant issues and assess their importance.

• Assertive, able to provide challenge to internal and external stakeholders to ensure issues identified are adequately addressed and brought to an acceptable conclusion.

• Able to communicate effectively both verbally and in writing with both internal and external stakeholders and to successfully manage these relationships.

• Ability to negotiate and influence at all levels.

• Strong communication skills, both verbal and written.

• Team worker as well as able to work on own initiative.

• Strong organisation skills with the ability to manage own time, meet deadlines and prioritise .

• Ability to command respect from colleagues at all levels.

• Understanding of both strategic and operational details.

• Meticulous, precise, thorough , good at record keeping.

• Strong computer skills – good working knowledge of MS Office, intermediate excel, word and PowerPoint skills.

• A willingness to learn and explore how AI can enhance your role and the broader organization is expected.

105395 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

People with disabilities:
We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the application and selection process, please email View email address on internal-careers.allianz.com

Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

#LI-LH1

#LI-Hybrid