Senior Underwriter - Product Solutions
New Yesterday
Role Description
We’re excited to offer a fantastic opportunity to join our team as a Senior Underwriter in our Product Solutions team. The purpose of this role is to implement product strategy and support product development to align with business goals and customer needs. This includes contributing to policy wordings and supplementary documents to ensure contract integrity, risk mitigation, and compliance with regulatory and Group standards. This role actively contributes to Allianz UK's transformation project, influencing the design and evolution of new and existing products and their supporting documentation. The role supports innovation and collaborates with various business functions to deliver strategic objectives. This role requires deep underwriting expertise and the ability to translate technical insight into impactful product solutions. This is a hybrid role, requiring a minimum of 2 days per month in Allianz offices, with at least one of those days in Guildford. Additional travel may be required on an ad hoc basis.
Salary Information
Pay: Circa £50,000. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You
- Support product development, design, and governance across multiple lines of business.
- Provide expert input into policy wordings and documentation to ensure clarity, compliance, and customer value.
- Collaborate with underwriting, claims, sustainability, and distribution teams to shape product strategy.
- Contribute to transformation initiatives, including the design of future products and documentation.
- Maintain awareness of market trends, competitor approaches, and provider processes to inform product delivery.
- Deliver technical training and guidance to underwriters, supporting their development and capability.
- Ensure compliance with regulatory and Group standards, including Consumer Duty requirements.
Essential Skills
- Background in insurance underwriting and/or product development, with expertise in technical documentation.
- Ability to make informed decisions that drive underwriting success and operational efficiency.
- Proven ability to support projects.
- Experience in drafting and maintaining policy wordings using underwriting knowledge.
- Excellent communication and influencing skills across stakeholders.
- Ability to collaborate across functions including claims, legal, and distribution.
- Ability to communicate ideas clearly and concisely, both verbally and in writing.
Desirable Skills
- Chartered Insurance Institute (CII) qualifications, or equivalent.
What We Will Offer You
- Flexible buy/sell holiday options.
- Hybrid working.
- Annual performance related bonus.
- Contributory pension scheme.
- Development days.
- 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.
Integrity, Fairness, Inclusion & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is 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.
Contact
Hr-recruitment@allianz.co.uk
For any inquiries or to submit your application, please contact: Matthew McKevitt
Closing date: 28/11/2025
We reserve the right to close the advert early if we reach enough applications.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
- Finance and Sales
Industries
Financial Services and Insurance
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- Location:
- Guildford, England, United Kingdom
- Salary:
- £100,000 - £125,000
- Job Type:
- FullTime
- Category:
- Finance