Portfolio Steering Manager

Allianz; East Horsley; Hybrid; GBP 70,000; Full time

Job summary

Allianz is seeking a Portfolio Steering Manager for its Mid-Market team, responsible for managing commercial insurance portfolios. The role involves significant leadership and analytical responsibilities, alongside a strong focus on collaboration with various internal teams to optimize portfolio compositions and perform financial stewardship. A competitive salary and flexible benefits are offered, reflecting the dynamic and strategic nature of this position.

Benefits

Flexible buy/sell holiday options

Annual performance-related bonus

Hybrid working

Contributory pension scheme

Discount on insurance products

Retail discounts

Volunteering days

Qualifications

• Significant experience in underwriting or portfolio management required.
• Strong supervisory and team management experience needed.
• Excellent communication skills, especially in presenting data.

Responsibilities

• Manage a team of analysts for financial planning and portfolio management.
• Ensure alignment of portfolio mix with business strategy.
• Support underwriting and pricing decisions with data-driven insights.

Skills

Analytical skills

Financial awareness

Commercial awareness

Data presentation

Team leadership

Education

Experience in commercial lines insurance

Understanding of UK Insurance market

Tools

Microsoft Excel

SQL

SAS Enterprise Guide

MicroStrategy

Power BI

Qlik Sense

Job description

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Role Description

We currently have a great opportunity to work in our Mid-Market Portfolio Steering team as a 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 Motor, Motor Trade, P&C and Construction, Engineering & Energy. This role will lead and manage a subset of these portfolios according to experience and expertise.

Salary Information

Pay: Circa £70,000 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

As the Portfolio Steering Manager, you will be responsible for:

• Managing a team of Mid-Market 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 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

To be successful in this role, you will have:

• Significant experience working within a commercial lines insurance environment, preferably in 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 a portfolio
• Strong experience in presenting complex data to non-technical audiences
• 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: Matthew Mckevitt

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

Closing date 30/06/25

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