Underwriting Graduate Scheme
graduate scheme

Underwriting Graduate Scheme

Allianz Insurance plc
Competitive salary
Birmingham · Chelmsfordand 7 others

Job description

Which risks are worth to be taken for the business? At what price and under what conditions? These are decisions you’ll make, after carefully assessing individual companies and negotiating terms and prices with brokers. Sounds a bit complicated? Don’t worry, our two-year

Underwriting graduate programme is designed to give you all the skills and technical know-how you need to become a successful underwriter and technical specialist of the future. We want you to get the opportunity to develop innovative insurance solutions that fully meet the needs of our customers in this ever changing world.

We have a large and varied customer base in UK, so you could find yourself arranging insurance policies for a hotel in London, a motor fleet in the Midlands or a construction project in Scotland. You’ll gain a huge breadth of experience and will specialise in either corporate business or small and medium enterprises (SME).

For the 2018 intake several locations are available: Lancaster and Maidstone so apply as early as possible.

What you’ll be doing
We’ve developed two types of two-year placements on this scheme for you to choose from, depending on your interests, aspirations and skills - trading underwriting or technical underwriting.

Trading Underwriting - you’ll establish positive relationships with brokers to create new business opportunities develop existing relationships and renew existing policies, taking charge of your own cases and building up your authority levels to handle ever increasing and complex risk.

You’ll need to develop your excellent relationship building skills to establish close and long lasting relationships with your broker contacts. We have trading opportunities in our Maidstone and Lancaster offices; you'll spend a year in each location and work on our small and medium enterprise business area.

Underwriting is at the heart of any insurance company, so developing your skills in this core area during either placement opens the door to a whole range of opportunities - senior underwriter, technical management, pricing, account management - all with the potential to develop into senior leadership roles. Equally you could pursue a career in risk surveying, sales or operations. The opportunities are as varied and broad as the business and your aspirations.

Support, training and progress
Allianz has a strong reputation for supporting students in their studies. You’ll be assigned dedicated study days and the funding you need to successfully complete the Chartered Insurance Institute (CII) Advanced Diploma in Insurance (ACII). In addition to your CII qualification you’ll also complete Allianz’s market-leading underwriting academy. Once you’ve qualified you’ll have the opportunity to attend development programmes with your peers, as well as opportunities to meet and learn from colleagues across the Allianz Group.

You’ll have direct access to our buddying and mentoring schemes, which are a great way to make connections throughout the business and to learn more about our work. In addition, you’ll have opportunities to visit our key stakeholders and we’ll also put you in touch with other Allianz graduates, so that you can share your experiences with your peers and build a network of connections with other business managers of tomorrow.

Person requirements

Valid work permit for permanent work in the UK without restrictions after graduation.

Qualifications and experience requirements

Honours degree in any discipline, achieved or on target for a 2:1 level or above.

Accepted degree subjects



Competitive salary


Birmingham · Chelmsford · Guildford · Lancaster · Leeds · Luton · Maidstone · Manchester · Woking

How to apply

Closing date: Continuous recruitment

This job listing will no longer be available on Prospects from 31/01/2019

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