Delegated Authority Underwriting Portfolio Solutions Manager

Allianz Commercial; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Allianz Commercial in London is seeking an experienced Delegated Authority Underwriting Portfolio Solutions Manager to join our team. You will oversee delegated authorities and portfolio solutions, driving governance, performance and growth across our partner relationships while ensuring robust oversight.

Reporting to the Regional Head, you will implement streamlined governance, support underwriters, and collaborate with Claims, Finance, Actuarial and Compliance.

Qualifications

• 5+ years of experience in the Delegated or Portfolio Solutions market.
• Background in Delegated Underwriting, Delegated Operations, Technical Operations, or similar.
• Understanding of Bordereaux Management Systems.
• Understanding of Xchanging preferred.
• Problem-solving, multi-tasking, and analytical abilities.
• Comfortable working remotely.
• Basic understanding of AI and its business applications.

Responsibilities

• Lead oversight and management of active and new Portfolio Solution active accounts.
• Build and implement streamlined processes to accommodate increasing workload and growth of the portfolio.
• Oversee implementation of facility reporting system, Distribind Borderaux management tools, ensuring the business has visibility on account performance.
• Collaborate closely with the Head on Key Strategic Account Partnerships to ensure seamless and effective management of facilities.
• Establish and maintain relationships with key stakeholders, including Underwriters, Claims, Compliance, Finance, Actuarial, and operations.
• Act as an educator and primary support for underwriters on all technical, facility management, controls, and processes.
• Manage and review the deal structures, consulting and agreeing on non-commercial terms and monitor and manage in line with functional rules.
• Coordinate the onboarding of new MGA and facilities, as well as renewal contracts.
• Demonstrate strong data management skills and capabilities for data interrogation.

Skills

Delegated underwriting

Portfolio solutions

Data analysis

Remote work

AI basics

Tools

Bordereaux management systems

Xchanging

Job description

We are seeking an experienced Delegated Authority Underwriting Portfolio Solutions Manager to join our team.

The Team

The Delegated Authority & Portfolio Solutions team at AGCS manages and oversees our relationships with coverholders, Managing General Agents (MGAs), and other distribution partners who underwrite specialist insurance products on our behalf within agreed authorities. The team is responsible for driving the performance, governance, and growth of our delegated authority book across multiple lines of business - ensuring robust oversight, monitoring portfolio performance, and positioning AGCS as a leader in this fast-growing segment of the commercial and specialty insurance market.

The Impact You Will Have

Reporting to the Regional Head of Delegated Authority and Portfolio Solutions, you will contribute managing the book of delegated underwriting authorities and portfolios by executing the strategy to support underwriting and managing service offerings. You will support the management of the team and implement robust yet streamlined governance frameworks for arrangements whilst managing wide-ranging queries from the business, technical underwriting and operational processes.

Some Of Your Specific Responsibilities Could Include

• Lead oversight and management of active and new Portfolio Solution active accounts.
• Build and implement streamlined processes and procedures to accommodate increasing workload and growth of the portfolio.
• Oversee implementation of facility reporting system, Distribind Borderaux management tools, ensuring the business has visibility on account performance.
• Collaborate closely with the Head on Key Strategic Account Partnerships to ensure seamless and effective management of facilities.
• Establish and maintain relationships with key stakeholders, including Underwriters, Claims, Compliance, Finance, Actuarial, and operations.
• Act as an educator and primary support for underwriters on all technical, facility management, controls, and processes.
• Manage and review the deal structures, consulting and agreeing on non-commercial terms and monitor and manage in line with functional rules.
• Coordinate the onboarding of new MGA and facilities, as well as renewal contracts.
• Demonstrate strong data management skills and capabilities for data interrogation.

What You'll Bring To The Role

• Preferably 5 or more years of experience in the Delegated or Portfolio Solutions market.
• Preferred background includes roles in Delegated Underwriting, Delegated Operations, Technical Operations, or similar.
• Preferably, an understanding of and capability to use Bordereaux Management Systems.
• Understanding of Xchanging preferred.
• Proven problem-solving, multi-tasking, and analytical abilities.
• Comfortable working both independently and in a remote environment.
• Excellent time management skills, ability to prioritize and multitask while maintaining focus on detail and quality of deliverables.
• A basic understanding of artificial intelligence (AI) and its potential applications in business is essential.

105868 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for you?

Lets 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.

Lets 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.

Lets 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.

Lets 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.

Lets 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.

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.

Lets care for tomorrow.