Home Risk Selection Analyst

Allianz UK; Leeds; Hybrid; GBP 35,000; Full time

Job summary

A leading insurance provider is seeking a Risk Selection Analyst for a hybrid role based in the UK. The successful candidate will manage underwriting rules and analytics for home and travel products, contributing to pricing strategies within a dynamic team. The role offers a salary of approximately £35,000 along with additional training and development opportunities.

Benefits

Flexible buy/sell holiday options

Annual performance-related bonus

Contributory pension scheme

Retail discounts

Qualifications

• True expert and advocate for change and innovation.
• Ability to assess underwriting risks in new segments.
• Sound commercial proposals and competition tracking.

Responsibilities

• Support the management of underwriting rules for home and travel products.
• Analyze opportunities to adjust underwriting footprint.
• Monitor quotability and report on key risk indicators.

Skills

Underwriting risk assessment

Data analytics

Statistical analysis

Commercial awareness

Job description

Role Description

We are looking for a Risk Selection Analyst to join a newly created Home Risk Selection team within the Retail Portfolio Pricing and Underwriting team. This is a hybrid role and can be worked from one of our offices in London, Birmingham, Leeds or Bournemouth.

We’re excited to bring together the disciplines of pricing and portfolio underwriting into one Retail Portfolio Pricing and Underwriting team. We believe that to be the best in the business, it’s critical to blend these skills together. The team will be responsible for direct home and travel products under the Allianz brands. The team will be multi‑skilled in pricing, underwriting and data analytics.

You’ll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing‑based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK.

Our team values continuous learning; you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.

Salary Information

Pay: Circa £35,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

• Support the management of the underwriting rules/footprint for home and travel products.
• Analyse opportunities to expand or contract the underwriting footprint.
• Monitor quotability and report on KRIs relating to footprint.
• Create proposals to change underwriting rules.
• Implement changes to the underwriting rules within Radar Live.
• Identify opportunities to adjust the claims cost prediction models where they are less credible.
• Perform actual versus expected claims monitoring process to detect segments where emerging claims information is significantly different from expectation.
• Carry out “deep dives” into certain niches and recommend changes to the technical cost models based on your analysis and insight.
• Support the development of underwriting capability on home products.

Essential Skills

• True expert and an advocate for change and innovation.
• Demonstrate the Retail Risk Selection team’s value to the business.
• Can use judgement to assess underwriting risks in new or unusual segments.
• Sound commercial proposals.
• Keeps track of the competition.
• Invested in data analytics and statistics.

Expert In At Least One Of

• Underwriting guides and rules, product structures and coverage.
• Pricing.
• Data analytics and statistics.

What We Will Offer You

• 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

Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive – Your work life balance is important to us.

Integrity, Fairness, Inclusion & Trust

At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer. We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success. We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long‑term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role. Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.

Contact

HR recruitment: [e-mail]. For any inquiries or to submit your application, please contact: Matthew Mckevitt. We reserve the right to close the advert early if we reach enough applications. Closing date: 14/11/2025.

85140 | Actuarial | Professional | Non‑Executive | Allianz UK | Full‑Time | Permanent