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Trainee Underwriter

Posted 9 March by Allianz Insurance Featured Ended

Trainee Underwriter

At Allianz UK, we're passionate about helping our customers and employees move on and up in life and business.

We nurture and invest in talent to ensure that great people build great careers with us. We provide comprehensive training to all of our new employees, providing them with the tools to perform to the best of their ability.

A variety of career opportunities enable our staff to fulfil their potential and we provide an award-winning range of training, recently recognised by Investors in People (IIP) with a Gold level accreditation. Other prestigious industry awards we have won include General Insurer of the Decade at the British Insurance Awards 2014.

An excellent opportunity has arisen for a Trainee Underwriter to join our highly profitable and expanding Small Business Commercial Insurance Team, based in Maidstone, where our aim is to build and maintain strong broker relationships. As a key member of the team you will be working closely with our UK broker network and other Allianz branches in a fast-paced telephony environment, aimed at delivering superior customer service and underwriting. You will play a key role in ensuring that Allianz achieves its ambition to be the market's number one leading Commercial Insurer.

If you are successful in securing the role, you will first learn to underwrite Allianz products and develop your trading and soft skills over the course of an 8 week training programme. After this time, your development will then continue at your own pace with further specialist training that will help you to progress; giving you the authority to handle more complex work and make wider trading decisions. If you choose to, you may attend our CII accredited Underwriting Academy.

Key Responsibilities:

Managing relationships with team-assigned brokers from our vast UK broker network
Assessment of an insurance proposal, collating and analysis of background information including (where appropriate) specialist reports, in order to effectively asses the risk proposed
Calculation of potential risk and confirmation of premium payable to the broker
Delivering new business targets or retaining our existing business-contributing to weekly, monthly and yearly performance of the Small Business Team
Underwriting Allianz insurance products and developing your trading and soft skills
Specifying and/or clarifying bespoke policy conditions with brokers
Respond to broker feedback by feeding back to your Team Leader on a regular basis

Skills & Experience:

* Previous experience of working within retail, financial services or customer service industries is desirable but we will also consider entry level candidates with a minimum of GCSE Maths and English Grade C or above or equivalent
* Confidence in using Microsoft Word, Excel and Outlook
* Understanding of a compliant and target driven environment
* Written, verbal and telephony communication skills are essential
* Ability to multi-task, work hard and use own initiative

What we can do for you:

* Competitive salary £16500 -£17325 plus annual performance bonus
* Attractive pension scheme (up to 10%)
* 22 days holiday with a buy and sell option
* Staff discounts with over 100 providers and high street stores
* Career development and progression opportunities


The operating hours are Monday to Friday 8.30am - 5.00pm.

If this sounds like an opportunity you would like to pursue, please have a look at our Careers page to apply for the role: /careers

Allianz, we welcome applications from everyone, regardless of your background or needs. If you need assistance with making your application please contact us.
For external applicants only -
Please be aware that we will require satisfactory pre-employment evidence to include DBS, Financial Probity and Fraud checks, before you can commence employment with us.

Required skills

  • retail
  • customer service
  • financial services. insurance

Reference: 34644135

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