Junior Underwriter Clinical Trials

Job Level:  Entry Level
Location: 

London, GB, EC2N 3AR

Area of Expertise:  Underwriting
Unit:  Allianz Commercial
Employing Entity:  Allianz Global Corporate & Specialty SE
Job Type:  Full Time or Part Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  93480
Position Cluster: 

 

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.   

 

We are looking for a Clinical Trials Junior Underwriter based in London. 

 

The Impact You Will Have 

At Allianz Commercial we combine specialist expertise and global reach with high levels of AA rated underwriting capacity to industry specific exposures. This allows us to establish a reputation as leaders of some of the largest and most complex Recall risks in the market. 

 

Based in London and reporting to the Clinical Trials Team Leader, Regional Unit London, you will work in close collaboration with a range of stakeholders to deliver on Underwriting goals in the Liability line of business, implementing measures as required and maintaining a keen eye on business needs. 

 

Some of your specific responsibilities could include: 

  • Develop pipeline and execute on broker plans. 

  • Underwrite in line with the Liability governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles. 

  • Negotiate participation, pricing and terms and conditions. 

  • Develop and maintain relationships with brokers, clients and other relevant stakeholders. 

  • Ensure accurate policy documentation is issued to producers or producers has issued documentation. 

  • Recommend improvements to existing reporting procedures based on data collation and research. 

  • Positively represent Allianz Commercial externally to the market. 

  • Proactively work with other functions (e.g. operations, credit control, multinational)  

  • Manage timely and accurate booking of policy premiums and credit control/collection processes. 

 

What You’ll Bring to the Role 

  • An educational background in either Pharmaceutical Science, Chemistry or Biology is preferred, though not essential. 

  • Ideally you are CII qualified or equivalent or working towards it. 

  • Knowledge of the Clinical Trials Life Science insurance will be advantageous. 

  • Experience in Underwriting, Operations, or Claims. 

  • Understanding of the policy administration life cycle: information collection, policy issuance, premium bookings, credit control, cancellation. 

  • Basic understanding of the local insurance market and competitor landscape. 

  • Approachable, at ease creating and maintaining relationships both inside the company and with external contacts. 

  • A proactive, dynamic, and results-driven mindset, with the ability to react quickly and stay on top of tasks in a fast-paced environment. 

  • Excellent communication skills, with an ability to persuade others to act without direct authority. 

  • Positive attitude to team work, able to assist others and also take on your own responsibilities. 

  • Ability to effectively absorb information from various sources, then analyze, study or examine data in detail and draw appropriate conclusions. 

  • The ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making is valuable. 

  • Ability to work in a complex, global matrix organization. 

 

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.

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