Graduate Program 2026 - Chief Underwriting Office
London, GB, EC3V 0HR
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.
Graduate Opportunity:
Commencing in September 2026, this is your chance to kick-start your career in the insurance industry and begin an exciting journey with Allianz Commercial.
We are on the lookout for dynamic individuals eager to learn, grow and make a real impact to our organization. In return, during your first year with us, you can expect extensive training alongside meaningful on-the-job-learning opportunities.
We are looking for a Graduate in the Chief Underwriting Office to join our Allianz Commercial Graduate Program, based in London.
Your Team:
The Chief Underwriting Office team works globally supporting and driving business strategy in collaboration with local teams. Collectively they manage 10 different insurance products, referred to as lines of business, ensuring our risk and exposure levels are maintained at a profitable level. This means working with local teams, external partners in the market, and most importantly our clients. This team also has oversight of the Global Pricing, Portfolio Management, Accumulation Steering and Product Development and Transformation teams.
Each product team is responsible for ensuring we deliver strong results, whilst also understanding the context of the bigger picture, e.g. ESG commitments, industry change and the latest innovation internally and externally.
The Impact You Will Have:
Based in London and reporting to the Chief Underwriting Officer, you'll closely collaborate with key stakeholders, including Global Line of Business Heads and Board Member Offices, gaining exposure to strategy-setting, authority adherence, and cultivating the global underwriting culture. You’ll have the opportunity to work directly with teams from around the world, maintaining core operating principles whilst discovering innovative solutions to emerging risks and underdeveloped market opportunities.
Day-to-day activities will include:
-
market and portfolio analysis
-
supporting innovation efforts and global engagement activities
-
gaining a detailed understanding of underwriting and insurance
-
learning how portfolios and their strategies are managed and steered through the cycle at a global level
This is a unique chance to gain an insight into how one of the world’s biggest insurance companies manages its business.
What You’ll Bring to the Role
-
Recent completion of a bachelor's university degree
-
You are able to adapt and work effectively in different situations and remain calm under pressure in a fast-paced environment
-
You bring excellent communication and interpersonal skills
-
You have a pro-active and positive attitude to teamwork, are able to assist others and take ownership of your responsibilities
-
You have a curious and creative mindset, are keen to learn and bring the enthusiasm to own and drive your personal development
-
You have an understanding of business confidentiality
-
Able to absorb information effectively from various sources, then analyse, study or examine data in detail, draw appropriate conclusions, and present solutions to others.
-
At ease with MS/Excel, Word, and PowerPoint, you have an interest in new technologies and AI tools and how they can improve efficiency in day-to-day tasks
-
Fluent English language skills
84471 | Underwriting | Entry Level | 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 agcsglobalcareers@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
