Job Description

Let’s care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, AGCS has the major risks covered when it comes to protecting businesses.

We are looking for a Captive Fronting Underwriting Technician to join our Alternative Risk Transfer team based in London

Your Team

The Alternative Risk Transfer (ART) team is part of Allianz Commercial and creates tailored insurance solutions for corporate clients facing risks that go beyond what traditional insurance covers. We work with companies across a wide range of industries — helping them manage complex, often hard-to-place risks through creative, long-term programs. ART is a growing part of the business, and our team works closely together across underwriting, deal services, and claims to deliver for our clients. It's a great environment to continue to build your technical insurance skills and learn something new every day.

The Impact You Will Have

This role sits at the heart of how we manage the servicing and finance aspects of our Global Captive Fronting Underwriting (GCFU) portfolio. You'll work closely with GCFU Program Managers and Subject Matter Experts to make sure pre and post close activities, with special focus to finance related ones to ensure KPIs are met — acting as the key link between several teams including AGCS Multinational, ART's Global Captive Underwriting team, Deal Services, and Finance Operations, with the possibility of progressively gaining exposure to external clients.

No two days look the same. You'll be coordinating across teams and time zones, chasing down discrepancies, resolving queries, and making sure the numbers tell the right story. You'll also work alongside our ART systems experts to improve how GCFU business is captured and reflected in our platforms — meaning you'll have a real say in shaping the tools and processes the team relies on.

If you're someone who's detail-oriented, enjoys problem-solving, and thrives when working across multiple stakeholders, this is a role where your contribution will be visible and genuinely valued.

Some of your specific responsibilities could include:

Monitoring of transactions:

• Ensure all transactions within the assigned area(s) are properly entered into the underwriting systems. Coordinate information flow externally and internally and ensure ongoing internal processes on assigned transactions are followed.
• Create payments requests following Program Manager's and Underwriters' guidance and monitor inwards and outwards payments to meet either standard or specific KPIs.
• Act as liaison point between them, GCU team members and finance.

Client Interaction:

• Work with external clients to ensure we have the same risks / premiums / claims on mutual contracts.
• Support Program Manager, Underwriters to anticipate client's cash flow expectations and support underwriters in providing regular updates to retrocessionaires.

Process and Systems Improvements:

• Work with underwriters, other deal management staff, finance and IT development to develop improvements / enhancements for the underwriting and processing systems.

General:

• Support in implementing KYCs procedures and preparation of standard insurance information and documentation
• Assist in general operations tasks and process development cross functions, contribute on assigned projects

What You’ll Bring to the Role

This role would suit someone with practical experience in an insurance operations, underwriting support, or deal services environment. Ideally you'll have:

• Experience entering, tracking, or reconciling transactions within (re)insurance underwriting or policy administration systems
• Exposure to payment processing and an understanding of premium and claims cash flows
• Confidence working with external clients or brokers in a professional, detail-driven capacity
• A track record of coordinating across multiple internal teams — you're comfortable being the person who joins the dots
• Some involvement in process or systems improvement initiatives, even informally
• Familiarity with KYC or compliance procedures within a regulated financial services environment
• Professional qualifications

107732 | 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.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

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 agcsglobalcareers@allianz.com

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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