Real Estate Mid Market Assistant Underwriter

Role Overview

This is an exciting opportunity for an Assistant Underwriter to join our successful Real Estate Team. This opportunity is ideal for either a new entrant or those with experience in the insurance industry who are keen to gain and develop their technical expertise.

You will play an active role in contributing towards the delivery of Key Performance Indicators (KPIs) across your team, underwriting business and building strong relationships with both internal and external customers.

The quality of our Underwriters is pivotal to Allianz’s success; no risk is the same, so you’ll need to use your strong analytical and communication skills, as well as technical knowledge, to influence our brokers and develop strong trading relationships.

At Allianz UK, your growth is our priority. From global training through the P&C Academy to CII study support, we equip you with the tools to thrive. You’ll unlock premium access to platforms like Data Camp, Databricks Academy, and Linked In Learning, plus gain insider knowledge through expert-led insight sessions that sharpen both your technical edge and commercial impact.

This is a hybrid role that will involve working from home combined with a minimum of 2‑3 days per week in our London office.

Pay:
Circa £31,000 – £35,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

Your role will vary day to day, but here is a bit of what you can expect:

• Providing excellent service to our customers.
• Handling general customer queries via telephone, live chat or e‑mail within agreed service standards.
• Underwriting new business, renewals and mid‑term adjustments.
• Supporting Senior Underwriters and Underwriters on their cases as well as handling own cases, all within own authority level.
• Negotiating within authority, referring where appropriate to maximize customer retention.
• Anticipating likely objections and building effective responses.
• Collaborating strongly with other departments to achieve the company's goals in respect of service delivery.

• Passionate about your own development.
• Evidence of personal and professional development and commitment to further development is essential.
• Good numerical, written and verbal communication skills, including telephony, are essential.
• Confidence handling, analysing and interpreting data.
• Enjoy interacting with others, building strong internal and external relationships and having excellent communication skills.
• Practical knowledge of MS Office and MS Outlook.

• Real Estate or Commercial Underwriting experience.
• Responsible Artificial Intelligence usage.

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from.

• Flexible buy/sell holiday options.
• Hybrid working.
• Annual performance‑related bonus.
• Contributory pension scheme.
• Development days.
• A discount up to 50 % on a range of insurance products including car, home and pet.
• Retail discounts.
• Volunteering days.

At Allianz, we are committed to fostering an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We encourage candidates to speak with us about any adjustments they may need.

We’re here to support you.

If you have a disability or long‑term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.