Role Description
We are looking for a Risk Selection Manager to join a newly created Home Risk Selection team within the Retail Portfolio Pricing and Underwriting team. This is a hybrid role and can be worked from one of our offices in London, Birmingham, Leeds or Bournemouth.
We’re excited to bring together the disciplines of pricing and portfolio underwriting into one Retail Portfolio Pricing and Underwriting team. We believe that to be the best in the business, it’s critical to blend these skills together. The team will be responsible for home and travel products under the Allianz brands. The team will be multi-skilled in pricing, underwriting and data analytics.
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 £70,000 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
In this role you will:
- Manage the underwriting rules/footprint for home and travel products.
- Analyse opportunities to expand or contract the underwriting footprint.
- Monitor quotability and report on KRIs relating to footprint.
- Present proposals to change underwriting rules.
- Implement changes to the underwriting rules within Radar Live.
- Identify opportunities to adjust the claims cost prediction models where they are less credible.
- Performing actual versus expected claims monitoring process to detect segments where emerging claims information is significantly different from expectation.
- Carrying out “deep dives” into certain niches and recommending changes to the technical cost models based on your analysis and insight.
- Develop underwriting capability on home products.
Essential Skills
We don't expect you to know everything from day one, but the following will enable you to hit the ground running:
- True expert and an advocate for change and innovation.
- Champion the Retail Risk Selection team’s value to the business.
- Expert on Underwriting guides and rules.
- Expert on product structures and coverage.
- Can use judgement to assess underwriting risks in new or unusual segments.
- Sound commercial decision making.
- Keeps track of the competition.
- Invested in data analytics and statistics.
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
- Hybrid working
- Annual performance related bonus
- Contributory pension scheme
- Development days
- A 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.
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.
Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
[email protected]
For any inquiries or to submit your application, please contact:
Matthew Mckevitt
We reserve the right to close the advert early if we reach enough applications.
Closing date 29/07/25
Join us - Let’s Care for Tomorrow.