P&C Portfolio Steering Manager

Allianz; Guildford; Hybrid; GBP 75,000; Full time

Job summary

A leading insurance company in Guildford is seeking a P&C Portfolio Steering Manager to manage insurance portfolios and lead a team of analysts. This role includes overseeing portfolio performance and ensuring business strategies are met. The ideal candidate should possess strong financial awareness and substantial experience in the Property/Casualty insurance sector. The position offers a competitive salary and flexible working options.

Benefits

Flexible buy/sell holiday options

Annual performance-related bonus

Contributory pension scheme

Discount on insurance products

Retail discounts

Volunteering days

Qualifications

• Significant experience managing insurance portfolios.
• Understanding of insurance company financial results.
• Able to demonstrate analytical reasoning skills.

Responsibilities

• Manage a team of P&C analysts for financial plans.
• Lead business insight across commercial portfolios.
• Make decisions on portfolio management strategies.

Skills

Managing commercial lines Property/Casualty portfolios

Financial awareness and understanding of insurance

Managing portfolio performance

Underwriting expertise

Knowledge of UK Insurance market

Analytical skills

Management experience

Microsoft Excel

SQL or programming knowledge

Experience with visualization tools

Job description

Role Description

We currently have a great opportunity to work in our Mid-Market Portfolio Steering team as a P&C Portfolio Steering Manager.

The Mid-Market Portfolio Steering team sits within the Commercial Underwriting department and closely works with the Underwriting Account teams, Underwriting branches, Pricing, Data, Claims and Actuarial teams to provide recommendations and decisions to support the profitable management of the Mid-Market lines of business.

The portfolios managed by the Mid-Market team include Commercial Motor, Motor Trade, Property & Casualty (P&C) and Construction, Engineering & Energy (CEE). This focus for this role is to lead and manage portfolios in P&C classes with oversight of CEE.

Salary Information

Pay: Circa £75,000 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

Your role will vary day to day, but here is a bit of what you can expect:

• Managing a team of P&C analysts to manage financial plans and control and optimise portfolio composition.
• Ownership of business insight and steering activity across different commercial portfolios, using appropriate data and reporting to ensure the portfolio mix is aligned with strategy and the appropriate balance of growth to achieve profitability and plan objectives.
• Exploits technical pricing as part of the Underwriting approach for all lines leveraging pricing tools to identify and pursue profitable segments within the portfolio using forward looking metrics, adopting a test and learn approach.
• Create, develop and produce appropriate multi-line business insight, through business specified data reporting. Utilising a team of analysts to undertake analysis and produce insight on emerging market trends that leads to proactive business recommendations to support Claims, Pricing and Underwriting decisions
• Responsibility for decision making across the Mid-Market portfolios, in conjunction with the Head of Portfolio Steering and other portfolio managers and key stakeholders, to ensure that underwriting and pricing strategy is reflected correctly in internal and external systems and reporting.

Essential Skills

We don't expect you to know everything from day one, but the following will enable you to hit the ground running:

• Significant experience managing commercial lines Property/Casualty insurance portfolios or accounts underwriting or portfolio management roles
• Strong financial awareness and understanding of insurance company financial results & plans.
• Experience in and understanding of how to successfully manage top and bottom line performance of insurance portfolios, developing options and actions to deliver plans.
• Property or Casualty domain underwriting or portfolio management expertise; e.g. exposure/nat cat management, combined/multi-product management experience...etc
• Strong commercial awareness and knowledge of the UK Insurance market
• Proven ability to understand key underwriting concepts and principles
• Able to demonstrate a high level of numerical, analytical and logical reasoning skills.
• Supervisory / management / team leadership experience.
• Excellent Microsoft Office skills, particularly Excel
• Knowledge or understanding of SQL or equivalent programming languages, with experience using SAS Enterprise Guide preferable.
• Experience with visualisation tools such as MicroStrategy, Power BI or Qlik Sense

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
• 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.

Diversity & Inclusion

At Allianz, we prioritize diversity and inclusion, 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.

[e-mail]

For any inquiries or to submit your application, please contact: Charlotte Whalley

If you are an at-risk candidate facing potential redeployment, please include this information in your CV.

We reserve the right to close the advert early if we reach enough applications.

Closing date 31/10/25

#LI-Hybrid

83968 | Underwriting | Professional | Non-Executive | Allianz UK | Full-Time | Permanent