Hybrid Construction Underwriter - Growth & Risk Specialist

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

Benefits offered by this job

Flexible buy/sell holiday options

Hybrid working

Annual performance related bonus

Contributory pension scheme

Development days

Discount up to 50% on insurance range

Retail discounts

Volunteering days

Job summary

Allianz Commercial invites applications for a Construction Underwriter in London, with a hybrid model requiring attendance at least 2 days per week. You will underwrite new construction risks, extend existing accounts, price risk, and nurture broker relationships to drive profitable growth.

The role demands experience in construction underwriting, strong communication, and a proactive approach to market opportunities within Allianz’s underwriting framework.

Qualifications

• Proven experience in construction underwriting, including casualty/liability covers.
• Ability to underwrite both new and renewal business effectively.
• Confident communicator with brokers and negotiation skills.
• Analytical mindset for assessing complex risks and market conditions.
• Commercial awareness focused on profitable growth and retention.
• Self-motivated team player with mentoring ability.

Responsibilities

• Underwrite new business construction risks to meet growth and profitability targets
• Manage extensions, ensuring strong retention and positive customer outcomes
• Assess and price risk in line with Allianz appetite and underwriting strategy
• Build and maintain strong broker and client relationships through regular engagement
• Negotiate terms, conditions, and pricing with brokers to secure sustainable business
• Proactively identify and develop new business opportunities within the market
• Contribute to regional underwriting strategy and key business initiatives
• Collaborate with internal stakeholders including Claims, Operations, and Risk teams
• Represent Allianz positively in the market, attending broker and client meetings

Skills

Construction underwriting

Underwrite new business

Broker negotiation

Analytical mindset

Commercial awareness

Mentor others

Job description

Allianz Commercial invites applications for a Construction Underwriter in London, with a hybrid model requiring attendance at least 2 days per week. You will underwrite new construction risks, extend existing accounts, price risk, and nurture broker relationships to drive profitable growth.

The role demands experience in construction underwriting, strong communication, and a proactive approach to market opportunities within Allianz’s underwriting framework.