Underwriting Apprentice- based in London

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, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) has the major risks covered when it comes to protecting businesses.
We are looking for 6 Underwriting Apprentices to join our London-based Underwriting teams.

The Opportunity
Are you ready to embark on an exciting journey with AGCS? Our Apprenticeship Program is the perfect opportunity to start your career in the insurance industry with a global company.
Starting in September 2023, our Underwriting Apprentice program will give you the opportunity to develop a range of skills while spending two years working in one of our Underwriting teams. In addition to on-the-job development, you’ll spend 20% of your time participating on a Level 4 Insurance Specialist apprenticeship program which will enable you to apply for your Diploma in Insurance from the Chartered Insurance Institute. This is an ideal opportunity for anyone looking to embark on a career as an Underwriter and will provide you with the knowledge, skills and behaviors for success.

Your Team
Our Underwriting teams work with companies worldwide to create insurance solutions designed for specific industries and business challenges, supporting customers as diverse as the world's largest consumer brands, tech companies and the global aviation and shipping industry, but also floating wind parks, private pilots or Hollywood film actors.
You will be working within an experienced team such as Marine or Financial Lines, who will help you to learn and grow. We are committed to providing an inclusive and supportive environment where everyone can thrive and bring their unique perspectives and ideas to the table.

Some of your specific responsibilities could include:

• Support underwriting of new and renewal accounts, preparing all documentation and completion of underwriting tools
• Proactively prepare relevant underwriting information including client / market research and claims data
• Handle document management for the team
• Ensure that all systems are updated accurately and in a timely fashion
• Conduct analyses of the portfolio data, to support strategic decisions for the Energy & Construction team
• Assist in the coordination of Natural Catastrophe reporting
• Assist in ensuring contract certainty is achieved on all accounts at time of inception
• Liaise with other functions e.g. Operations, Credit Control and Claims
• Develop and maintain peer relationships with brokers, clients and the Underwriting teams

Eligibility

• This position is designed for, and ideally suited to, school leavers holding 3 A-levels (or equivalent). Those with a higher level of qualification, such as a bachelors degree, are advised to apply to one of our other early careers program or direct entry roles: Allianz Careers
• You must have achieved Level 2 in English and Math (equivalent to GCSE grade 9-4/ A*-C)
• To comply with the apprenticeship eligibility rules, at the start of the apprenticeship, you must be aged 16 or over, living in England and not in full-time education

What You’ll Bring to the Role

• Interest in a career in insurance
• Excellent communication and interpersonal skills
• Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions.
• Ability to grasp and solve complex problems and present solutions to others effectively
• Excellent computer skills, including MS/Excel and Word
• Strong team player
• You embrace agile working to adapt to internal and external customer needs
• Curious and creative mindset and a willingness to learn
• Fluent English language skills

Further Information:

• The role is fixed term for 24 months, but we expect well-performing candidates to be converted into a permanent role before the end of this term.
• We offer a generous study package with approximately 1 day a week dedicated to study
• This apprenticeship will commence in September 2023.

Additional Information:
AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.
27977 | Underwriting | Apprenticeship / Dual Studies | n.a. | Allianz Global Corporate & Specialty | Full-Time | Temporary
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 Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking here.
Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.
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:
AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS 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.
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Job Level: Apprenticeship / Dual Studies Location: London, GB, EC3V 0HR Available until: 11/06/2023 Area of Expertise: Underwriting Unit: Allianz Global Corporate & Specialty Employing Entity: Allianz Global Corporate & Specialty SE Job Type: Full-Time Remote Job: Hybrid working Employment Type: Temporary ID: 27977