Junior Underwriter, Property

Junior Underwriter (Property)

Location: London

We are looking for a Junior Underwriter in the Property team. The role primarily focuses on assisting with the underwriting of large corporate property risks. You will work as part of the wider UK Property team, supporting both new business and renewals.

Your Team

Our Underwriting team is responsible for reviewing and approving insurance risks within their area of expertise. Each team member has the authority to make decisions and works closely with other departments to ensure policies are processed correctly and on time. The team builds strong relationships with brokers, acting as trusted partners and helping them find the best solutions for their clients. It’s a collaborative, fast-moving team where you’ll be supported to grow, take ownership of your work, and make a real impact.

The Impact You Will Have

As a key member of the team, you will take ownership of the underwriting process within your area of expertise, using your authority to make sound, independent decisions. Your work will contribute to the profitability and efficiency of the business by ensuring that policies are reviewed, priced, and issued accurately and on time. You will collaborate with other departments to support smooth operations and maintain high service standards. By building and maintaining strong relationships with brokers, you will play a vital role in strengthening our market presence and delivering tailored solutions to meet client needs.

Key Responsibilities

• Support all underwriting activities within the Property line of business.
• Assist in achieving profitability targets for new and renewal business.
• Contribute to contract certainty for all accounts at inception, ensuring precision in underwriting processes and procedures.
• Contribute to the development and execution of the regional underwriting strategy.
• Collaborate with Risk Consulting, Claims, Distribution and Operations teams to enhance the overall underwriting process.
• Prepare management reporting and analytics and ensure high levels of data quality.
• Foster positive relationships with key clients, brokers, and internal and external stakeholders.

What You’ll Bring to the Role

You will bring prior experience in corporate insurance in the London market, ideally in Property Underwriting. In addition, you will have:

• A good understanding of the Property insurance market and competitor landscape.
• Understanding of the policy administration life cycle, including information collection, policy issuance, premium bookings, and credit control.
• Commercial acumen and enjoyment of building and maintaining relationships with external contacts such as brokers and clients.
• Awareness of the legal and regulatory environment.
• Strong communication skills and the ability to collaborate effectively as part of a team.
• A sense of initiative and a willingness to develop technicity.
• Skilled use of data analytics for preparing reports and presentations.
• Expert proficiency in Excel (e.g., pivot tables, VLOOKUP), Power BI, and Microsoft Office, and a willingness to learn and explore how AI can enhance your role and the broader organization.

Role Details

• Reference: 104007
• Discipline: Underwriting
• Level: Professional
• Company: Allianz Commercial
• Employment Type: Full-Time
• Contract Type: Permanent