Underwriting Manager Property Owners or Commerical Combined

Company: Allianz UK
Apply for the Underwriting Manager Property Owners or Commerical Combined
Location: Chelmsford
Job Description:

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 Chelmsford office and 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.

Responsibilities

  • 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

Benefits

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from, 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

We support hybrid work patterns and flexible working hours to balance the needs of our customers with the personal circumstances of our staff. Our aim is to help innovation, creativity and work‑life balance.

Equality & Inclusion

We are an equal‑opportunity employer dedicated to fostering an inclusive workforce. We are proud to be a Disability Confident, Stonewall Diversity Champion, Gender Equality, and other accredited employer.

Accessible Application

We support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, offering assistance such as larger text, hard copies or spoken applications.

Closing Date

08.07.2026

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Posted: July 7th, 2026