This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Summary of Role: 

We are seeking a dynamic and detail-oriented Surety and Guarantee Underwriter to join our team in Canary Wharf, London. This is a multi-faceted role that combines financial credit assessment, documentation accuracy, commercial relationship management, and a strong understanding of both macro and microeconomic factors impacting UK, Irish, and multinational corporates. You will play a key role in driving profitable and sustainable growth in alignment with Allianz Trade Surety & Guarantee strategy. 

Main Tasks:

• Support the management and underwriting of the Surety & Guarantee portfolio in the UK and Ireland.
• Identify opportunities to grow the business, manage existing portfolio accounts, and support broker relationships.
• Analyse individual accounts (transactional, mid-tier, or large/sensitive risks) and propose appropriate underwriting strategies.
• Ensure compliance with KYC, ESG, and underwriting recommendations and approvals.
• Conduct client meetings to assess risks and develop underwriting strategies.
• Represent the Surety team at internal underwriting committees.
• Provide analysis of risk implications for new areas and sector developments.
• Prepare and review internal risk reports and underwriting strategy recommendations.
• Contribute to portfolio reporting and dashboard development.
• Maintain high levels of internal and external customer service.
• Manage and strengthen client and broker relationships.
• Participate in underwriting decisions in line with the Authority Matrix.
• Support the Surety business transformation and growth strategy.

What we are looking for: 

• Strong financial credit assessment skills and attention to detail in documentation.
• A solid understanding of macro/microeconomic factors impacting UK, Irish, and multinational corporates.
• Excellent analytical and problem-solving abilities, with experience in qualitative and quantitative risk analysis.
• Proven experience in client and broker relationship management.
• A proactive and collaborative mindset, with the ability to contribute to business transformation and growth strategies.
• Knowledge of KYC, ESG, and underwriting processes is a plus.

What We Offer:

• Life Assurance: Secure your future with our comprehensive life assurance plan.
• Health Cash Plan: Access to a health cash plan to support your well-being.
• Income Protection: Financial security in case of unforeseen circumstances.
• Hybrid Working: Flexibility to work both remotely and in-office.
• Employee Share Incentive Plan: Opportunity to participate in our share incentive plan.
• Insurance Discounts: Various discounts on insurance through the Allianz Partnership.
• Additional Benefits: And much more to support your personal and professional growth

We are seeking candidates who are naturally curious and have a keen interest in technology and innovation. As we navigate the future, we value individuals who are eager to stay updated with the latest digital trends and advancements. The ideal candidate should demonstrate a proactive approach to learning and adapting to new tools and technologies, especially Artificial Intelligence (AI) powered tools, showcasing a forward-thinking mindset that aligns with our vision for growth and progress.

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Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us. Let's care for tomorrow. 

Allianz Trade is the trademark used to designate a range of services provided by Euler Hermes. We are the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Headquartered in Paris, we are present in more than 50 countries with 5,500 employees. In 2021, our global business transactions represented 931 billion Euro in exposure. 

We at Allianz believe in a strong inclusive culture that encourages people to speak their minds, get involved and question the status quo. We are proud to be an equal opportunity employer and encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability, sexual orientation, or any other characteristics protected under applicable local laws and regulations. Great to have you on board. Let's care for tomorrow.