Underwriter / Senior Underwriter Marine Hull

Allianz; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading company in the marine insurance sector is seeking an Underwriter or Senior Underwriter Marine Hull in London. The role involves underwriting new and renewal business, building relationships with clients, and contributing to strategy development in a collaborative environment. This position offers a competitive salary and a hybrid working model, supporting career progression and personal well-being.

Benefits

Generous bonus scheme

Flexible working arrangements

Private healthcare

Career development programs

Qualifications

• Significant experience in underwriting profitable business in the Marine market.
• Established relationships with brokers at peer group level.
• Strong understanding of legal and regulatory framework.

Responsibilities

• Underwrite new and renewal business.
• Negotiate pricing and terms with clients.
• Collaborate on ad-hoc projects with cross-functional teams.

Skills

Analytical skills

Relationship building

Negotiation skills

Commercial acumen

Education

Degree in Economics, Law, or similar

Professional insurance qualification (e.g. CII)

Job description

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We are looking for an Underwriter or Senior Underwriter Marine Hull, based in London.

Your Team

Allianz Commercial is one of the largest Marine insurers in the world with a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.

The Impact You Will Have

Joining the Marine team in London and on our Lloyd's box, you will take prime responsibility for underwriting profitable new and renewal business to meet the Marine Hull targets in accordance with underwriting guidelines and underwriting authority. Reporting to the Head of Marine, London you will negotiate pricing and terms and conditions, own accounts/clients, while developing and maintaining strong relationships with producers and clients in partnership with Market Management.

Some of your specific responsibilities could include:

• Support the successful execution of the Marine business plan.
• Underwrite new and renewal business.
• Demonstrate in-depth technical expertise and lead capabilities.
• Negotiate participation, pricing and terms and conditions with clients and brokers.
• Analyse the existing portfolio to ensure long-term profitability.
• Establish and strengthen relationships with key stakeholders.
• Contribute to the development of regional Underwriting strategy for Marine.
• Actively drive involvement of functional areas in Underwriting process, including Distribution, Risk Consulting, Claims, Operations, etc.
• Present in team and divisional meetings.
• Collaborate on ad-hoc projects in a small and friendly team.

What You'll Bring to the Role

• Significant experience in Underwriting profitable business in the Marine market in London.
• Well recognized established relationships with brokers at peer group level and well established within the Marine Hull market.
• Excellent analytical skills with the ability to analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs.
• Commercial acumen and a demonstrated ability to learn and mentor technical Underwriting skills.
• Strong understanding of legal and regulatory framework.
• Excellent communication and ability to create relationships and communicate clearly at all levels and with a wide range of people.
• Ability to influence and motivate others to act, without executive authority.
• Ability to integrate AI-driven insights into your work to optimize outcomes and support broader organizational goals.
• Experience working in a complex global matrix organization.
• Strong team player aligned with Allianz's culture of inclusion.
• Preferably a degree in Economics, Law, or other appropriate discipline.
• Ideally, completion of professional insurance qualification (e.g. CII).

77837 | Underwriting | Professional | 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.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other characteristics protected under applicable local laws and regulations. Diversity of thinking is an important part of our culture.

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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