New Business Construction Underwriter

Allianz Management Services Ltd; Southampton; Hybrid; GBP 45,000 - 55,000; Full time

Benefits offered by this job

Flexible working options

Annual performance related bonus

Contributory pension scheme

Discount on insurance products

Job summary

Allianz Management Services Ltd is seeking a New Business Construction Underwriter in the UK. The role sits in a hybrid model based in Southampton or Chelmsford, with 2-3 days in the office and broker engagement as a core activity.

You will underwrite construction risks for new business, assess risk, price appropriately, and nurture broker/client relationships while contributing to regional strategy. The position offers a competitive salary circa £50,000 plus a total rewards package, flexible

Qualifications

• Underwrite construction risks across new business to meet growth and profitability targets.
• 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.

Responsibilities

• Underwrite construction risks across new business to meet growth targets.
• Assess and price risk in line with 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 Claims, Operations, and Risk teams.
• Represent Allianz positively in the market at broker/client meetings.

Skills

Underwrite construction risks

Pricing risk

Broker relationships

Negotiation

Analytical mindset

Commercial awareness

Team collaboration

Job description

New Business Construction Underwriter Allianz Management Services Ltd Southampton, ENG, GB

New Business Construction Underwriter

Role Description

This is an exciting opportunity to join our expert-led Allianz Commercial team as a New Business Construction Underwriter, playing a key role in delivering profitable growth.

You will support the development of a world-class, multi-niche Insurance & Engineering offering, contributing to ambitious regional growth targets.

Location: This role is based in either our Southampton or Chelmsford offices, please note that this is a hybrid working role with the expectation that you attend the office 2-3 days per week, as well as meeting with brokers.

Salary Information

Pay: Circa £50,000 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

• Underwrite construction risks across new business to meet growth and profitability targets
• 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
• Experience in construction underwriting, including casualty/liability covers
• Strong ability to underwrite new business effectively
• Confident communicator, comfortable engaging with brokers and negotiating outcomes
• Analytical mindset with the ability to assess complex risks and market conditions
• Commercial awareness with a focus on profitable growth and retention
• Self-motivated team player with the ability to support and mentor others
• Proactive and driven with a strong focus on personal and professional development
• Ability to take initiative and contribute positively within a team environment
• Responsible Artificial Intelligence usage

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

• Flexible buy/sell holiday options
• Annual performance related bonus
• Contributory pension scheme
• A discount up to 50% on a range of insurance products including car, home and pet

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.

Inclusive Support & Accessibility

At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that's assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We're here to support you.

If you have a disability or long-term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.

Contact our Resourcing team to opt into this scheme or for any assistance with during the recruitment process including larger text, hard copies, or spoken applications. [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.

Join us - Lets Care for Tomorrow.

Full-time