Underwriting Analyst

Who we are

Allianz is a global insurance company serving across 70 different countries, but from the very first day you join our team you’ll know that your contributions are valued. We offer world class learning and career development opportunities, while we celebrate an inclusive culture.

Role Description

An exciting opportunity to work in the Mid-Market Portfolio Steering Team with a particular focus on Property, Casualty, Motor Trade and Financial Lines.

The Mid-Market Portfolio Steering Team sits within the Technical Underwriting department, and closely works with the Underwriting Account Teams, Underwriting Branches, Pricing, Data and Actuarial teams to provide recommendations and decisions to support the profitable management of the Mid-Market lines of business

The diverse nature of the role means that we welcome applicants with a wide range of backgrounds. Experience in Commercial Underwriting, Pricing, Actuarial, Data or other disciplines within the Commercial Insurance sector are all equally valuable to this growing team.

This role would be perfect for an ambitious underwriter looking to obtain exposure to senior stakeholders in the company, or looking to upskill data capabilities while using their advanced underwriting knowledge.

You will contribute to the development, production and analysis of data, using appropriate data feeds to create actionable business insight to the Property& Casualty or Motor Trade team whilst deputising on a secondary line of business to provide the greatest depth of analysis and insight in the reporting.

The key responsibilities of the role include:

• Producing and presenting steering insights on a regular basis to underwriting teams, informing stakeholders how best to act on current trends affecting the portfolio
• Owning the reporting and data analysis of the P&C or Motor Trade Account, using this data to create actionable insight to provide to the account team to consider implementing into the account strategy
• Taking proactive ownership of the analysis of data and provision of insight on current and emerging trends, both internal and external, that effect our insurance lines of business and results
• Provide appropriate data production and reporting, ensuring the portfolio mix is aligned with strategy and ensuring appropriate balance of growth and ultimate profitability is realised, resulting in achievement of Corporate Plan objectives
• Support the data teams in the production and creation of core data sets for new tooling and products, including liaising with the regions and account teams to understand emerging data needs
• Grow an understanding of multiple commercial lines of business to be able to simplify reporting and cross pollinate ideas between account teams
• Work alongside the pricing team to shape, develop and embed new and existing pricing methodologies into the portfolio rhythm

About You

Skills & Experience

• Experience in Underwriting / Commercial Insurance Industry or experience in technical data roles
• Creativity in using information to deliver actionable insight
• Ability to visualise data to support constructive conversation and persuade your audience using data-led decision making
• Strong analytical and data interpretation skills, with the ability to communicate findings to technical and non-technical audiences
• Commercial awareness and knowledge of the UK Insurance Market.
• Strong interpersonal skills including excellent written and verbal communication skills
• Establishes and maintains credible internal and external relationships with key stakeholders
• Ability to prepare reports with a high attention to detail
• Makes consistently sound decisions in own area of expertise or responsibility and refers when appropriate.
• Data manipulation, interpretation and visualisation skills to deliver insight to the business
• Excellent Microsoft Office skills, particularly Excel – or a willingness to upskill in this area
• Knowledge of SAS Enterprise Guide or experience with SQL – or a willingness to upskill in this area
• Experience with visualisation tools such as MicroStrategy or Qlik Sense – or a willingness to upskill in this area
• ACII qualified or progression towards

Key Competencies

• Previous experience of working within a general insurer environment with responsibility for results delivery
• Proven ability to communicate and persuade effectively, basing reasoning on data to inform decision making
• Proven ability to understand key underwriting concepts and principles
• Able to use initiative and approach challenges innovatively
• Proven analytical and problem solving skills
• Adept at data analysis, manipulation and interpretation
• Proactive in understanding new requirements and implementing these needs
• Able to build and manage relationships
• Effective planning and organisation skills

Due to the varied nature of the position, applicants with other skills and experience will be considered. If you don’t meet the full list of requirements but are passionate about a role in Portfolio Steering then please still put in an application.

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you.

We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

• 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

Our Ways of Working

Do you need some flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. 

Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Our Purpose and Values

We secure your future

Be Brave | With Heart | Everyone Counts | Inspiring Trust

Our purpose and values are more than just words on a website - they are the why and how of Allianz.  They influence everything we do and guide us how to do it.

Created by our people, for our people, they shape our culture, bring us together, and inspire us to be the best.  Building on inclusive culture for us all to succeed.

Diversity & Inclusion

At Allianz, we value diversity and inclusion and back this up with our accreditations, Allianz is EDGE certified for gender inclusion, members of the Women in Finance Charter, a Disability Confident employer, Stonewall Diversity Champion members, signatories of Business in the Community's Race at Work Charter, and an Armed Forces Covenant gold standard employer. 

We recognise the strength of neurodiversity in the workplace, and the far-reaching benefits of embracing a spectrum of thinking styles and innovative capabilities. We proudly welcome applications from neurodivergent and disabled candidates, and can offer tailored adjustments to remove barriers and set you up for success in your career.

At Allianz, we encourage our people to advocate for what they need, we listen, and we act – this could include providing assistive technology, ergonomic specialist equipment, mentoring and coaching, or flexibility in the way you work, among a wide range other adjustments.

Join us - Let’s Care for Tomorrow.

38343 | Product Management | Professional | Non-Executive | Allianz UK | Full-Time | Permanent

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