We are looking for an Underwriting Manager, General Aviation, based in London.

The Impact You Will Have

Lead and manage a team to underwrite profitable new and renewal business, meeting Line of Business (LoB) targets at regional and/or global level. Accountable for the negotiation of participation, pricing, and terms and conditions for clients, with ultimate ownership and responsibility for key accounts within the team. Develop and maintain strong relationships with brokers, clients, and key stakeholders while driving the training, development, and performance of the underwriting team.

Some of your specific responsibilities could include:

Team Management & Leadership

Manage and lead a team of Underwriters
Delegate tasks effectively to achieve overall team results and LoB objectives
Manage and supervise team client accounts, acting as the point of referral and/or escalation for complex issues
Manage cost centre budget within plan
Drive the training, development, and career progression of team members

Underwriting Strategy & Leadership

Contribute to the development and execution of the regional underwriting strategy for the relevant LoB
Manage referrals from underwriters and spokes, re-underwriting complex business as appropriate
Where applicable, take responsibility for a particular sub-LoB or specialist area within the regional team, acting as a "champion" for all related matters

Underwrite Profitable Business

Underwrite large new and renewal accounts to meet top-line and bottom-line targets (regional and/or global)
Negotiate participation, pricing, and terms and conditions with brokers; proactively manage capacity
Underwrite and evaluate Natural Catastrophe Accumulation, demonstrating a strong understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs)
Underwrite International Insurance Programmes (for relevant LoBs)
Maintain deep specialisation in a particular area of expertise

Underwriting Approach & Compliance

Underwrite in accordance with the LoB governance framework, including Underwriting Authorities, Global Minimum Standards of Underwriting (MSU), Underwriting Guidelines, Rules, and Principles
Ensure contract certainty is achieved on all accounts at the point of inception
Ensure consistent utilisation of global pricing tools
Ensure placing and binding of Facultative Reinsurance prior to policy inception

Market Management

Proactively support the acquisition of new business and retention of existing business, including client and broker negotiations where necessary
Proactively liaise on market management initiatives and campaigns

Relationship Management

Positively represent AGCS externally to the market, upholding the company's reputation and brand
Proactively drive the involvement of functional areas in the underwriting process, including Distribution, Allianz Risk Consulting (ARC), Claims, and Operations
Develop and maintain strong relationships with key brokers, clients, and other relevant stakeholders (e.g. risk managers, cedants)

What You’ll Bring to the Role

Proven, strong experience in underwriting of profitable Aviation business
Expert knowledge of and well established in the General Aviation market
Proven successful leadership skills; Ability to lead and motivate a team
Expertise in risk assessment and a firm understanding of policy administration life cycle
Strong commercial and strategic awareness
Excellent communication and negotiation skills
Able to work in an international matrix organization
Good interpersonal skills, both internally and externally
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.

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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Underwriting Manager - General Aviation