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Graduate program 2026 - chief underwriting office

London
Allianz Commercial
Underwriter
Posted: 25 October
Offer description

We are looking for a Graduate in the Chief Underwriting Office to join our Allianz Commercial Graduate Program, based in London.


Your Team

The Chief Underwriting Office team works globally supporting and driving business strategy in collaboration with local teams. Collectively they manage 10 different insurance products, referred to as lines of business, ensuring our risk and exposure levels are maintained at a profitable level. This means working with local teams, external partners in the market, and most importantly our clients. This team also has oversight of the Global Pricing, Portfolio Management, Accumulation Steering and Product Development and Transformation teams.

Each product team is responsible for ensuring we deliver strong results, whilst also understanding the context of the bigger picture, e.g. ESG commitments, industry change and the latest innovation internally and externally.


The Impact You Will Have

Based in London and reporting to the Chief Underwriting Officer, you’ll closely collaborate with key stakeholders, including Global Line of Business Heads and Board Member Offices, gaining exposure to strategy‑setting, authority adherence, and cultivating the global underwriting culture. You’ll have the opportunity to work directly with teams from around the world, maintaining core operating principles whilst discovering innovative solutions to emerging risks and under‑developed market opportunities.


Day‑to‑day Activities Will Include

* Market and portfolio analysis
* Supporting innovation efforts and global engagement activities
* Gaining a detailed understanding of underwriting and insurance
* Learning how portfolios and their strategies are managed and steered through the cycle at a global level


What You’ll Bring To The Role

* Recent completion of a bachelor’s university degree
* Ability to adapt and work effectively in different situations and remain calm under pressure in a fast‑paced environment
* Excellent communication and interpersonal skills
* Pro‑active and positive attitude towards teamwork, ability to assist others and take ownership of responsibilities
* Curious and creative mindset, keen to learn and drive personal development
* Understanding of business confidentiality
* Ability to absorb information effectively from various sources, analyse data in detail, draw conclusions and present solutions
* Comfortable with MS/Excel, Word, and PowerPoint, with an interest in new technologies and AI tools that improve efficiency
* Fluent English language skills


What’s in it for you?

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, recognising the value of a balance between in‑person collaboration and remote working.

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

From career development and digital learning programmes to international career mobility, we offer lifelong learning for employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Supporting flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), and assisting people returning from career breaks.

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, the industry and our clients.


People With Disabilities

If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com.

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