Underwriting Analyst
Guildford, ENG, GB, GU1 1DB
Location: Guildford/hybrid
Salary: Dep on exp + annual bonus + benefits
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.
We currently have a great opportunity to work in our Mid-Market Portfolio Steering team as an Underwriting Analyst, with a particular focus on either Commercial Motor, Engineering or Property & Casualty.
If you have a background in Commercial Underwriting and are looking to be more involved in strategic activities, gain exposure to senior stakeholders and upskill your data capabilities, then this role could be perfect for you!
The Mid-Market Portfolio Steering team sits within the Commercial Underwriting department and closely works with the Underwriting Account teams, Underwriting branches, Pricing, Data, Claims and Actuarial teams to provide recommendations and decisions to support the profitable management of the Mid-Market lines of business. This role would be perfect for an ambitious Underwriter looking to be more involved in
strategic activities, gain exposure to senior stakeholders and looking to upskill your data capabilities whilst using your underwriting expertise.
You will contribute to the development, production and analysis of data, using appropriate data feeds to create actionable business insight to the Commercial Motor, 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 – and don’t worry if you don’t have this experience in data analysis, we will provide all the training you need. You just need an interest and willingness to learn this part of the role.
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 Commercial Motor, Property & Casualty 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
Essential:
- A background in commercial underwriting
- Proven ability to understand key underwriting concepts and principles
- Data analysis skills
- Strong interpersonal skills including excellent written and verbal communication skills
- 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
- Able to use initiative and approach challenges innovatively
Desirable:
- 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
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:
- Annual bonus
- Contributory pension
- Life cover
- Group income protection
- 25 days holiday + bank holidays
- Flexible buy/sell holiday options
- 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 prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Offer an Interview Scheme - As a Disability Confident employer, we will offer an interview to candidates with disabilities who meet the essential criteria for the role. To apply under the Offer an Interview scheme, please let us know when you apply by contacting our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
Join us - Let’s Care for Tomorrow
