Underwriting Business Analyst Lead - Large Corp & Specialty

Job Level: Professional

Location:

London, GB, EC3V 0HR

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: 82548

Position Cluster: Non-Executive

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 an Underwriting Business Analyst Lead – Large Corp & Specialty, based in London.

Your Team

Our team is a dynamic and diverse group of professionals committed to driving excellence and innovation in the global insurance landscape. We pride ourselves on fostering a collaborative and inclusive environment where every member is encouraged to share ideas, challenge norms, and contribute to our collective success.

The Impact You Will Have

As a Business Analyst Lead, you will play a pivotal role in shaping the strategic direction of our regional Underwriting portfolio. Your analytical expertise will ensure precise KPI reporting, effective steering, diligent monitoring, and comprehensive natural catastrophe controlling where applicable. This role is central to driving informed decision-making and optimizing performance across our global operations.

You will collaborate directly with the Director UK and Practice Leaders, providing crucial support in identifying growth opportunities and enhancing our planning and budgeting processes. Your insights and recommendations will contribute significantly to our ability to innovate and expand, positioning us as leaders in the industry.

Some of your specific responsibilities could include: 

Analyze the regional portfolio to support strategic underwriting decisions of the regional Line of Business (LoB) Heads.

Analyze the regional portfolio and prepare reports for internal and external stakeholders.

Support claims analysis to identify trends and opportunities for improvement.

Coordinate and maintain regional LoB reporting framework, including regular KPI reporting as well as overall maintainance of regional data quality and accuracy.

Collaborate with Global Performance Steering (GPS) to review LoB’s P&L and challenge assumptions when necessary.

Support the Director UK and practice group leaders in the identification of growth opportunities and development of targeting strategies.

Analyze cost reports and contribute to expense management.

Support Allianz steering Cycle (e.g. planning and portfolio reviews).

Support governance topics such as business reviews.

Support capacity and capital steering processes, including CAT modelling and monitoring.

Participate in strategic regional/global LoB projects and initiatives by providing support and coordinating activities.

What You’ll Bring to the Role 

Degree in Business Administration, Mathematics, Statistics, Finance, Actuarial background or any other relevant discipline.

Experience in International Underwriting P&C Business, Finance, Actuarial, or Reinsurance.

Experience with relevant technical and financial analysis of industrial underwriting cases.

Ability to manage the underwriting books, monitor appropriate investments and allocate funds; accordingly, analyze trends and scenario plans.

Ability to assess risk inherent exposures and (natural) hazards relevant to LoB.

Successful track of working in complex matrix and international environments.

Agile mindset with a proactive approach to learning and problem-solving.

Excellent communication, presentation and intercultural skills.

A willingness to learn and explore how AI can enhance your role and the broader organization.

Fluent English skills.

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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