Underwriting Risk, Governance and Regulation Consultant

Bournemouth, ENG, GB, BH1 2NF London, ENG, GB, SE1 9LQ Birmingham, GB, B37 7ET

Area of Expertise:

Underwriting

Unit:

Allianz UK

Employing Entity:

Allianz Management Services Ltd

Job Type:

Full-Time

Remote Job:

Hybrid working

Employment Type:

Permanent

ID:

70066 Non-Executive Underwriting Risk, Governance and Regulation Consultant

Role Description

We have a new opportunity for a Underwriting Risk, Governance and Regulation Consultant to join our Pricing and Underwriting team.

The purpose of this role is to ensure that there is effective and efficient governance of policies and procedures in place within Underwriting, that is well understood and respected by all employees, and that Underwriting are complying with all regulatory and Group requirements.

You'll participate in the Global P&C Academy accreditation, enhancing your skills in underwriting, risk engineering, pricing, and claims management while exchanging best practices across the Allianz Group. Furthermore, for pricing-based roles, Allianz Insurance offers a generous study package to enable the actuarial qualification to be obtained through the Institute and Faculty of Actuaries in the UK.

Our team values continuous learning, you can enjoy free access to top training platforms like DataCamp, Databricks Academy, and LinkedIn Learning. Additionally, we host Lunch and Learn sessions on key business topics hosted by experts across the team and monthly insight sessions, including the Data Science Forum and analyst forum, to refine your technical skills.

Salary Information

Pay: Circa £32,000 per year.

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

Your role will vary day to day, but here is a bit of what you can expect:

• Understands and helps interpret the requirements of regulators and Group, ensuring that all activity is carried out in a compliant way.
• Provides appropriate and specialist advice on topics within areas of expertise.
• Maintains a network of contacts on relevant subjects within the UK Company, the wider Allianz group and the UK general insurance market.
• Provides the relevant reporting/support (as required) for the:
• Monthly Pricing and Underwriting Forum
• Quarterly Pricing and Underwriting Committee.
• Risk and Conduct Forum

We don't expect you to know everything from day one, but the following will enable you to hit the ground running:

• Experience of General Insurance Underwriting
• Understanding of relevant UK regulatory requirements
• Understanding of the risk management cycle
• Inquisitive mind
• Good verbal and written communication skills with ability to influence and motivate Underwriting teams

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

• Flexible buy/sell holiday options
• Annual performance related bonus
• Contributory pension scheme
• A discount up to 50% on a range of insurance products including car, home and pet

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.

Diversity & Inclusion

At Allianz, we prioritize diversity and inclusion, 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.

For any inquiries or to submit your application, please contact: Matthew Mckevitt

If you are an at-risk candidate facing potential redeployment, please include this information in your CV.

We reserve the right to close the ad early if we reach enough applications.