Delegated Authority Underwriting Portfolio Solutions Manager

Allianz Global Corporate & Specialty Se; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

Competitive bonus

Pension

Private healthcare

Job summary

Allianz Commercial in London is seeking an experienced Delegated Authority Underwriting Portfolio Solutions Manager to lead governance and growth of our delegated authority book across multiple lines of business.

You will manage relationships with coverholders, MGAs, and distribution partners, oversee facilities, and implement robust processes while supporting underwriting strategy.

Qualifications

• Minimum 5 years in delegated or portfolio solutions market.
• Experience in delegated underwriting or delegated operations.
• Familiarity with Bordereaux management systems.
• Understanding of Xchanging preferred.
• Strong problem-solving and analytical abilities.
• Comfortable working remotely.

Responsibilities

• Lead oversight and management of active and new Portfolio Solution accounts.
• Develop streamlined processes to handle workload and portfolio growth.
• Oversee facility reporting, ensuring visibility on performance.
• Collaborate with senior stakeholders for key strategic partnerships.
• Maintain relationships with underwriters, claims, compliance, finance, and ops.
• Support underwriters with technical, controls, and process expertise.
• Review deal structures and monitor compliance with terms.
• Coordinate onboarding of new MGAs and facilities; renew contracts.

Skills

Negotiation

Relationship management

Risk assessment

Underwriting

Portfolio management

Tools

Bordereaux Management Systems

Xchanging

Job description

Delegated Authority Underwriting Portfolio Solutions Manager

Let’s care for tomorrow.

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

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?

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.

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 [e-mail]

Delegated Authority Underwriting Portfolio Solutions Manager • London, GB