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Entry Role - Assistant Underwriter

Job Level:  Entry Level

London, GB, EC3V 0HR

Due Date:  20 May 2022
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Temporary
ID:  7870

Entry Role – Assistant Underwriter


About the Role

An exciting opportunity to join an Underwriting team at AGCS and kick-start your career in Insurance The role is non-rotational and will span 2 year. You will need to have demonstrated your motivation and ability to operate independently through either previous work experience, volunteering or higher education. Your development will be supported with a L4 Insurance Professional apprenticeship, which includes the Diploma in Insurance from the CII. Your role will have clear responsibility and will see you working alongside a team of experts. You’ll have networking opportunities across the Allianz group and the London insurance market.  

This role is to be responsible for delivering a high quality client service within Underwriting. To ensure that new and renewal business are processed to agreed service standards. This role is outcome-driven, and one which combines technical skills, account management, commercial and relationship management skills – gaining experience in fast paced, technology enriched environment. This role will play a key part in the Underwriting team in London where you will work with colleagues and clients from across the globe.


Our Entry Level Programmes

We have a number of exciting Entry Level Programmes at AGCS, please visit Allianz Careers to find out more and create alerts. 


About AGCS

AGCS is a company within the Allianz Group which handles corporate risk for large multi-national businesses. At AGCS UK we are made up of 450 employees working with customers and colleagues across the world. Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing around 4,400 people.

Check out the New and Insights to get to know further about of our offerings, expertise and global presence.


Key Responsibilities

  • Proactively prepares relevant underwriting information including client / market research and claims data
  • Assists in pricing of risks, using global tools as appropriate
  • Proactively establishes and maintains policy file (whether electronic or paper) for each risk and transaction handled
  • Ensures accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility)
  • Proactively works with other functions (e.g. operations, credit control) to resolve outstanding accounts queries
  • Proactively develops relationships with internal functional areas involved in the Underwriting process
  • Assist UWR teams within the planning cycle


Off-the-Job Learning

There is a mandatory requirement for at least 20% off-the-job training in your apprenticeship. This principle underpins a quality apprenticeship. You will have access to our virtual learning platform, scheduled learning offerings and your own mentor to support your development and meet the 20% off-the-job requirement.


Key Requirements/Skills/Experience

  • Interested in a career in Insurance
  • Able to clearly and effectively express ideas and messages, verbally and in writing
  • Methodical approach and an eye for detail
  • Proficient at Microsoft Office, particularly Excel
  • Flexible attitude and a strong team player
  • Ability and confidence to work on own initiative and to multi-task.


Please check your eligibility for UK apprenticeship before applying,



Our office is based in London (60 Gracechurch Street). We currently have a 60:40 work model: 3 days in office, 2 days at home.


Salary & Benefits

28k + 10% on-target annual bonus, including a variety of flexible benefits including pension, GymFlex, Cycle Scheme and SpreeFlex


Start Dates

We will be recruiting in two cohorts for June and September start dates. Please indicate which you would like to be considered for: June, September, Both


How to Apply?

  • Submit your CV
  • Submit a separate word document answering the following questions:
    • What excites you about this apprenticeship? (100 word max)
    • How will this apprenticeship prepare you for your future career goals? (100 word max)
    • Why do you want to work for us? (100 word max)
    • Start date availability