Apprenticeship program 2026 - Underwriting Apprentice at Allianz Global Corporate & Specialty SE

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

31 Jan, 26

Salary

0.0

Posted On

02 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Communication Skills, Interpersonal Skills, Analytical Skills, Problem-Solving Skills, Learning Agility, Collaboration, Diplomacy, MS Suite Proficiency, Interest in AI, Customer Service, Risk Assessment, Underwriting, Compliance, Data-Driven Decision Making, Time Management, Relationship Building

Industry

Financial Services

Description

The Opportunity Our Apprenticeship Program is the perfect opportunity to start your career with a global company in the dynamic and thriving insurance industry. Starting in September 2026, our Apprentice program will give you the opportunity to develop a range of skills while spending three and a half years working in our Underwriting teams. In addition to on-the-job development, you’ll spend 20% of your time participating in a Level 6 Senior Insurance Professional Apprenticeship which will also enable you to achieve the Advanced Diploma in Insurance (ACII) from the Chartered Insurance Institute. If you're looking to embark on a career within Corporate Insurance and keen to work in a supportive, expert-driven environment, our team is the place to be! We are looking for 4 Apprentices to join our London-based Underwriting teams for a 3.5 year contract. You will undertake rotations in the Construction, Financial Lines, Liability and Property LargeCorp Underwriting teams, who are all based in our central London offices. Please note that we anticipate a high volume of applications and so we encourage you to apply sooner rather than later. Please read the “Eligibility” paragraph carefully and answer any application questions with clarity. Our Underwriting Teams Our Underwriters are committed to assessing risks and underwriting profitable new and renewal business. We combine specialist expertise with a positive, collaborative culture to maintain our reputation as leaders in managing some of the largest and most complex risks in the global market. With a strong focus on delivering exceptional service, we work closely with customers, brokers and other stakeholders, ensuring that all decisions align with the company’s functional rules and underwriting appetite. Some of your specific responsibilities during the apprenticeship could include: Working with the Underwriters to ensure that all activities align with the Line of Business (LoB) governance framework, including Underwriting Authorities, guidelines, rules and principles Participating in key underwriting tasks, such as managing business pipeline, conducting initial risk assessments, using pricing and other tools to evaluate potential policies and working with brokers to support customer servicing Co-ordinating with onshore and offshore operations teams to manage premium bookings, ensuring all details are accurately recorded and processed and queries resolved Helping with audit tasks, supporting the teams to review and ensuring compliance with underwriting processes Gaining hands-on experience in various functional areas of the underwriting process and communications with brokers and customers, providing valuable support across the team 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 bachelor’s degree, are advised to apply to one of our other early careers programs You must have achieved Grade 6-9 GCSE (or equivalent) in Maths and English To comply with the apprenticeship eligibility rules, at the start of the apprenticeship, you must be aged 18 or over, living in England, not in full-time education and have the right to work in the UK. What You’ll Bring to the Role Interest in a career in insurance and willingness to commit to a 3.5-year apprenticeship Strong communication and interpersonal skills; a natural relationship builder Ability to handle multiple tasks and prioritize responsibilities Analytical and problem-solving skills, ability to propose well-thought-out solutions to complex challenges Curiosity and learning agility with a strong desire for continuous learning and a commitment to personal and professional growth A collaborative and diplomatic approach to working across cultures and functions At ease with the MS suite, you have an interest in new technologies and AI tools and how they can improve data driven decision making and efficiency in day-to-day tasks Fluent English language skills A basic understanding of artificial intelligence (AI) and its potential applications in business is essential. 84698 | Underwriting | Apprenticeship / Dual Studies | n.a. | Allianz Commercial | Part-Time | Temporary

Responsibilities

Apprentices will work with Underwriters to ensure alignment with governance frameworks and participate in key underwriting tasks. They will gain hands-on experience in various functional areas of the underwriting process and support customer servicing.