Schemes and Delegated Authority Underwriter - Allianz - London

Job description

Role Description

We’re thrilled to offer an exciting opportunity for a dynamic and experienced Schemes and Delegated Authority Underwriter to join our team. This is a hybrid position and will require travel to one of our offices in Lancaster, Maidstone, Manchester, London or Guildford

As our Schemes and Delegated Authority Underwriter you will focus on running and managing delegated authority and scheme arrangements.

You'll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK.

Our team values continuous learning, you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.

Salary Information

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

As the Schemes and Delegated Authority Underwriter, your responsibilities will include:

DA and Scheme Centric Work

Deliver technical underwriting reviews (incl. COR modelling), support broker discussions, and coordinate sign‑off with the DA & Schemes Manager.
Collaborate cross‑functionally to on board new DAs (to build products, wordings, rating approaches, MI suites, system changes and required underwriting/claims materials.
Design and build scheme components (product builds, question sets, systems mapping, underwriting guides, protocols).

Produce and present monthly and annual MI/monitoring packs, including ULR/COR views collaborating with Actuarial and Finance.
Manage ongoing governance: annual reviews, audits, rate reviews, compliance tasks, and retenders.
Act as a technical escalation point working with Distribution to implement continuous process improvements.

Support tenders and new facilities with technical reviews, COR modelling, wordings, and protocol documentation.
Assist Trading Teams with delivering changes to frontline underwriters and ensure central reporting remains up to date.

Essential Skills

We don't expect you to know everything from day one, but the following will enable you to hit the ground running:

Experience in underwriting, product development or relevant technical experience
Interpret MI and analysis effectively, using data to spot risks, opportunities and recommend solutions
Experience with delegated authority or schemes arrangements.
Understand underwriting appetite and governance
Skilled in stakeholder and project management
Clear communication skills reporting and presentation skills
Spot risks and opportunities, recommend solutions

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.

Hr-recruitment@allianz.co.uk

For any inquiries or to submit your application, please contact: Matthew Mckevitt

Closing date 17/02/26

We reserve the right to close the advert early if we reach enough applications.

Offers “Allianz”

Job description