Senior Underwriter, Liability

Allianz; City Of London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A global insurance provider in London seeks a Senior Underwriter Liability to underwrite new and renewal business. The successful candidate will have 5+ years in Liability underwriting, strong broker relationships, and exceptional negotiation skills, contributing to the company's overall strategy and client relationships in a hybrid working environment.

Benefits

Generous bonus scheme

Pension

Flexible working arrangements

Private healthcare

Qualifications

• At least 5 years’ experience underwriting profitable business in the Liability segment of large corporate international insurance.
• Recognised relationships with brokers at peer group level.

Responsibilities

• Underwrite new and renewal accounts to meet top and bottom line targets.
• Negotiate participation, pricing and terms & conditions with brokers.
• Develop and maintain strong relationships with key brokers, clients and other relevant stakeholders.

Skills

Underwriting

Negotiation

Risk assessment

Communication skills

Understanding of Liability insurance

Education

CII qualified or working towards it

Job description

We are looking for a Senior Underwriter Liability, based in London.

Our Team

Allianz Commercial specialises in providing comprehensive and customised insurance services and solutions for clients across the whole Liability industry. As industrial specialists with a long‑standing tradition of supporting clients in respect of their Liability risks placed in the London market and elsewhere in the world, we serve on both a lead and follow basis.

Allianz Commercial's highly experienced underwriters have a proven track record of finding flexible solutions to the challenges brokers and their clients face. With expert global Liability insurance teams backed by Allianz Commercial's market‑leading capacity, we underwrite risks in over 200 countries and territories and can deploy significant capacity on a global scale.

The Impact You Will Have

Reporting to the Regional Team Leader General Liability, Regional Unit London, you will underwrite profitable new and renewal business to meet the Liability targets and in accordance with underwriting guidelines and authority. You will negotiate terms and conditions, take ownership of key clients, and develop and maintain strong relationships with our broking and client partners in coordination with our distribution/client relationship team.

Specific Responsibilities

• Underwrite new and renewal accounts to meet top and bottom line targets.
• Negotiate participation, pricing and terms & conditions with brokers.
• Proactively manage exposure and capacity.
• Support acquisition of new business and retention of existing business.
• Contribute to the development and execution of the regional Underwriting strategy for Liability.
• Proactively liaise with Market Management & Distribution on market management initiatives.
• Positively represent Allianz Commercial externally to the market.
• Develop and maintain strong relationships with key brokers, clients and other relevant stakeholders.

What You'll Bring to the Role

• At least 5 years’ experience underwriting profitable business in the Liability segment of large corporate international insurance.
• Recognised relationships with brokers at peer group level and well established within the market.
• Specialised understanding of regional / local Liability insurance markets and multi‑national programmes.
• Ability to assess risk inherent exposures and natural hazards relevant to the line of business.
• Ability to analyse current performance against benchmarks, applying market, business and customer needs.
• Ability to design, develop and implement consistent, robust wordings.
• Excellent understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
• Excellent communication skills and ability to influence and motivate others to act, without executive authority.
• Ability to integrate AI‑driven insights into work to optimise outcomes and support broader organisational goals.
• Ideally CII qualified, or working towards it.

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 recognises the value of striking a balance between in‑person collaboration and remote working. Flexible working arrangements can be discussed 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) that includes a generous bonus scheme and pension.

Let's care for your opportunities to progress

From career development and digital learning programmes 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

We support flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), and help 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 centre 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 and 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 lies ahead.

Learn more about careers at 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. The foundation for this is our inclusive workplace, where people and performance both matter, fostering 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.

Employees 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 and does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid if a candidate presented by a recruiter without an agreement is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could result in the disqualification of the candidate and/or the termination of our contract and/or the refusal of fees.