Senior Manager Underwriting IT Product Management and Governance

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

Job summary

A leading insurance firm based in London is seeking a Senior Manager for Underwriting IT Product Management and Governance. The role involves overseeing strategic development and governance of core IT products, optimizing underwriting decisions, and managing cross-functional teams. Ideal candidates will have a relevant degree and significant experience in project management within the insurance sector. The position encourages a hybrid working model and offers excellent compensation and benefits.

Benefits

Generous bonus scheme

Pension

Private healthcare

Qualifications

• Degree in Mathematics, Statistics, Information Technology, Engineering or related field.
• Deep understanding of insurance industry practices and underwriting workflows.
• Extensive experience in managing complex, cross-functional transformation projects.

Responsibilities

• Assess customer needs and translate business requirements into actionable IT priorities.
• Define and maintain a strategic vision and roadmap for the underwriting IT product portfolio.
• Guide and support cross-functional teams through the delivery of enhancements.

Skills

Stakeholder management

Analytical skills

Project management

Cross-functional collaboration

Risk management

Education

Degree in Mathematics, Statistics, Information Technology, Engineering

Tools

Agile methodologies

Data analysis tools

Job description

We are looking for a Senior Manager Underwriting IT Product Management and Governance, based in London.

Your Team

Our team is committed to driving innovation and excellence across underwriting IT products globally. We oversee the full application lifecycle-from development to governance-ensuring alignment with business needs, regulatory requirements, and strategic goals. By collaborating across functions, regions, and Allianz entities, we deliver high-impact solutions that boost underwriting productivity, efficiency, and value. With a strong focus on continuous improvement, transparency, and global harmonization, we create future-ready systems that support the evolving needs of our customers and business partners.

The Impact You Will Have

In this role, you will have a direct impact on shaping the future of underwriting technology at a global scale. By leading the strategic development and governance of core IT products, you will enable smarter, faster underwriting decisions, enhance operational efficiency, and drive alignment across regions and business units. Your leadership will influence critical system enhancements, optimize application lifecycles, and ensure delivery of high-value solutions that meet customer needs and regulatory standards-ultimately transforming how we deliver underwriting excellence.

Some of your specific responsibilities could include:

• You will strategically assess customer needs and translate business requirements from lines of business and CUO functions into actionable IT priorities that drive underwriting value.

• You will define and maintain a strategic vision and roadmap for the underwriting IT product portfolio, ensuring alignment with business goals, transformation strategies, and decommissioning or consolidation initiatives.

• You will prioritize functional and non-functional requirements in collaboration with key stakeholders to deliver measurable outcomes for underwriters and improve broker experience.

• You will guide and support cross-functional teams, including Business Analysts, Product Owners, and developers through the delivery of enhancements, ensuring timely execution of agreed priorities.

• You will work closely with AZ Technology to lead delivery through each Program Increment (PI), managing timelines, budgets, and quality expectations.

• You will provide cost transparency and financial oversight of the product portfolio, ensuring plan vs. actual tracking and clear P&L accountability across lines of business.

• You will take proactive steps to address financial or delivery deviations, escalating and coordinating with the Global Head when necessary to stay on track.

• You will ensure IT applications meet all Allianz governance, risk, and compliance requirements, including identity and access management controls like AOR and UAR.

• You will identify, assess, and mitigate risks across the application landscape, safeguarding data, continuity, and access in line with AGCS risk appetite.

What You'll Bring to the Role

• Degree in Mathematics, Statistics, Information Technology, Engineering, or any other relevant discipline.

• Deep understanding of insurance industry practices and underwriting workflows, with a proven ability to design and execute business processes.

• Extensive experience in managing complex, cross-functional transformation projects within a global, matrix-managed environment.

• Strong stakeholder management skills with the ability to engage effectively across all levels and geographies.

• In-depth knowledge of risk management, governance frameworks, and application control requirements (e.g. IAM, AOR, UAR).

• Proven programme and project management capabilities, including prioritization, resource planning, and delivery execution under pressure.

• Excellent analytical and problem-solving skills, with a data-driven mindset and experience in developing data models and decision-support processes.

• Strong communication and interpersonal abilities, with demonstrated success working in international and cross-border contexts.

• A strategic, change-oriented mindset with a hands-on, results-driven approach to navigating competing priorities

• A solid understanding of data analysis, automation, and AI tools is required, with an awareness of ethical AI usage.

80760 | Underwriting | Management | Allianz Commercial | Full-Time | Permanent

What's in it for you?

Let's care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

People with disabilities:

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email [e-mail]

Recruitment Agencies:

Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

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