Portfolio Steering Manager

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Location: Guildford/hybrid (at least once per week in office)Salary: Dep on exp + car allowance + bonus + benefits

Role Description

We currently have a great opportunity to work in our Mid-Market Portfolio Steering team as a Portfolio Steering Manager.

The Mid-Market Portfolio Steering team sits within the Commercial Underwriting department and closely works with the Underwriting Account teams, Underwriting branches, Pricing, Data, Claims and Actuarial teams to provide recommendations and decisions to support the profitable management of the Mid-Market lines of business. The portfolios managed by the Mid-Market team include Motor, Motor Trade, P&C and Engineering.

This role would be perfect for a senior team member or manager working within the commercial insurance business looking to be involved in portfolio management and key steering initiatives.

You will lead the Portfolio Management and Portfolio Steering activity on one or more of the commercial accounts, along with overseeing cross LOB projects and wider portfolio steering initiatives. You will deliver effective and predictive steering and monitoring solutions to enable every stakeholder to make consistent and transparent decisions. You will have significant influence with the underwriting, actuarial, pricing, claims and data teams at all levels, informing stakeholders of emerging trends based on analysis of internal and external data and providing proactive recommendations for strategic change within the portfolios - focusing on sustainable profit drivers and intelligent growth opportunities.

63627 | Underwriting | Management | Allianz UK | Full-Time | Permanent

The key responsibilities of the role include:

• Managing a team of Mid-Market analysts

• Ownership of business insight and steering activity across different commercial portfolios, using appropriate data and reporting to ensure the portfolio mix is aligned with strategy and the appropriate balance of growth to achieve profitability and plan objectives.
• Exploits technical pricing as part of the Underwriting approach for all lines leveraging pricing tools to identify and pursue profitable segments within the portfolio using forward looking metrics, adopting a test and learn approach.
• Create, develop and produce appropriate multi-line business insight, through business specified data reporting. Utilising a team of analysts to undertake analysis and produce insight on emerging market trends that leads to proactive business recommendations to support Claims, Pricing and Underwriting decisions
• Responsibility for decision making across the Mid-Market portfolios, in conjunction with the Head of Portfolio and other portfolio managers and key stakeholders, to ensure that underwriting and pricing strategy is reflected correctly in internal and external systems and reporting.
• Collaboration with internal functional areas and external stakeholders to drive specified product strategy, allowing provision for a quality and responsive service, exploiting and capitalising on opportunities from within the Mid-Market sector that contributes significantly to the commercial evaluation of new opportunities and propositions.
• Work alongside the pricing & underwriting teams to shape, develop and embed new and existing pricing & portfolio methodologies into the portfolio rhythm and the wider commercial business.

About You

• Significant experience working within a general insurer environment with strong financial awareness and a robust understanding of how to successfully manage top and bottom line performance of a portfolio
• Strong experience in presenting complex data to non-technical audiences
• Strong commercial awareness and knowledge of the UK Insurance market
• Proven ability to understand key underwriting concepts and principles
• Able to demonstrate a high level of numerical, analytical and logical reasoning skills.
• Supervisory / management / team leadership experience.
• Able to establish and maintain credible internal and external relationships with key stakeholders
• Persuasive verbal and written communication skills, and an ability to proactively influence others
• Ability to assess and review analysis & reports with a high attention to detail and with wider general insurance market insight
• Makes consistently sound decisions in own area of expertise or responsibility and refers when appropriate
• Able to use initiative and approach challenges innovatively
• Excellent Microsoft Office skills, particularly Excel
• Strong knowledge or understanding of SQL or equivalent programming languages, with experience using SAS Enterprise Guide preferable.
• Experience with visualisation tools such as MicroStrategy, Power BI or Qlik Sense
• Completion of ACII qualification
• Data qualification or previous experience with complex data manipulation preferable.

What we will offer you

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you.We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

• Annual bonus
• Contributory pension
• Life cover
• Private medical cover
• Car allowance
• Group income protection
• 30 days holiday + bank holidays
• Flexible buy/sell holiday options
• A discount up to 50% on a range of insurance products including car, home and pet

Our Ways of Working

Do you need some flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen.

Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Our Purpose and Values

We secure your future

Be Brave | With Heart | Everyone Counts | Inspiring TrustOur purpose and values are more than just words on a website - they are the why and how of Allianz. They influence everything we do and guide us how to do it.Created by our people, for our people, they shape our culture, bring us together, and inspire us to be the best. Building on inclusive culture for us all to succeed.

Diversity & InclusionAt Allianz, we value diversity and inclusion and back this up with our accreditations, Allianz is EDGE certified for gender inclusion, members of the Women in Finance Charter, a Disability Confident employer, Stonewall Diversity Champion members, signatories of Business in the Community's Race at Work Charter, and an Armed Forces Covenant gold standard employer.

We recognise the strength of neurodiversity in the workplace, and the far-reaching benefits of embracing a spectrum of thinking styles and innovative capabilities. We proudly welcome applications from neurodivergent and disabled candidates, and can offer tailored adjustments to remove barriers and set you up for success in your career. At Allianz, we encourage our people to advocate for what they need, we listen, and we act - this could include providing assistive technology, ergonomic specialist equipment, mentoring and coaching, or flexibility in the way you work, among a wide range other adjustments.

Join us - Let's Care for Tomorrow.