Underwriting Manager Property Owners or Commercial Combined
London, GB, EC2N 3AR
Role Description
You will lead underwriting delivery within your business area, driving strong portfolio performance, technical excellence and profitable growth. This is a key leadership role where you will develop underwriting capability while ensuring disciplined, high-quality decision-making aligned to strategy.
Location: This role is based in our London office, please note that this is a hybrid working role with the expectation to attend the office 2-3 days per week.
Salary Information
Pay is dependent on experience, skills and location and is part of our total reward package.
About You
•Monitor account and portfolio performance, identifying under and over performance and implementing appropriate actions
•Deliver KPI targets across complex cases and portfolios aligned to line of business strategy
•Apply underwriting authority with a clear understanding of profit and loss impact and portfolio performance
•Make key commercial decisions to support profitable growth and strengthen distribution relationships
•Support business development activity in line with distribution segmentation strategy
•Conduct underwriting inspections, account control and quality review activity where required
•Produce and deliver technical training, mentoring and coaching to underwriting teams
•Partner with Head Office and training teams to design and deliver technical capability frameworks
•Collaborate with Sales, Distribution, Pricing, Claims and Operations to support delivery and performance
•Represent Allianz in internal and external forums, engaging with key stakeholders
•Lead, motivate and develop a team of underwriters to deliver strong results and high engagement
Essential Skills
•Strong technical underwriting expertise, including policy wordings, clauses and non-standard cover
•Ability to assess risk, pricing and terms, applying risk management principles effectively
•Understanding of claims drivers and application of mitigation strategies
•Strong knowledge of underwriting governance, legislation and regulatory frameworks
•Ability to interpret statistical and performance data to identify trends and opportunities
•Understanding of reinsurance principles, including treaty and facultative arrangements
•Strong commercial acumen and understanding of portfolio and account management principles
•Proven leadership capability, with experience managing or developing underwriting teams
•Excellent communication and stakeholder engagement skills
•Ability to balance technical excellence with business performance and growth objectives
Desirable Skills
•ACII qualification or equivalent industry experience
•Completion of underwriting academy modules or similar professional development
•Knowledge of project or change delivery within underwriting environments
•Experience contributing to product development or segmentation activity
•Strong track record of delivering against challenging objectives
•Responsible Artificial Intelligence usage
What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:
•Flexible buy/sell holiday options
•Hybrid working
•Annual performance related bonus
•Contributory pension scheme
•Development days
•A discount up to 50% on a range of insurance products including car, home and pet
•Retail discounts
•Volunteering days
Our Ways of Working
Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Integrity, Fairness, Inclusion & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Accessible Application for All
As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.
Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Aoife Magee
Closing date: 08.07.2026
We reserve the right to close the advert early if we reach enough applications.
Join us - Let’s Care for Tomorrow.
#LI-Hybrid
