Junior Underwriter - London, United Kingdom - Allianz Commercial

Allianz Commercial

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Let's care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

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

Our growing Large-Corp onshore construction team are looking for a Junior Construction Underwriter based in London.

Your Team:

Embark on an exciting career journey with Allianz Commercial, a dedicated enabler of insurance / reinsurance products for the construction industry.

Our dynamic team leverages extensive practical experience, successfully underwriting UK and international construction / engineering projects and annually renewable business including commercial and residential building projects, civil infrastructure / transportation projects, hydrogen production, power and utilities, LNG, chemicals and manufacturing plants and electric vehicle battery manufacturing plants.

We have wealth of experience and expertise in the team together with a high level of insurance capacity which makes us a true market leader.

The Impact You Will Have:

This role is based in our London office and focuses on supporting the London Large-Corp Construction Underwriting team craft and implement innovative Construction and Erection All Risks insurance and reinsurance solutions on behalf of our key clients and brokers to help achieve the teams financial goals.

There will also be engagement and close collaboration with other supporting functions and lines of business within Allianz Commercial.

Key Responsibilities:

Support all underwriting activities within the Construction line of business remit.
Assist in achieving profitability targets for new and renewal business.
Contribute to contract certainty for all accounts at inception, ensuring precision in underwriting processes and procedures.
Collaborate with our Risk Consulting, Claims, Distribution and Operations teams to enhance the overall underwriting process.
Assist in preparation of management reporting and analytics and ensure high levels of data quality.
Contribute to the development and execution of the regional underwriting strategy.
Foster positive relationships with key clients, brokers and internal and external stakeholders.

What You'll Bring to the Role:

Demonstrate interest or internship experience in underwriting or a related insurance field.
Strong communication skills with the ability to collaborate effectively as part of a team.
Eagerness to learn and develop underwriting expertise and technical knowledge.
Basic understanding of the construction insurance market.
Good data and analytical skills.
Some legal and regulatory environment awareness.

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 Allianz Group brand serving the world's largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations' economies.

We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking here.

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