Join to apply for the Apprenticeship program 2026 - Underwriting Apprentice role at Allianz Commercial.

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.

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.

Responsibilities

• Work with the Underwriters to ensure that all activities align with the Line of Business (LoB) governance framework, including Underwriting Authorities, guidelines, rules and principles.
• Participate 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‑ordinate with onshore and offshore operations teams to manage premium bookings, ensuring all details are accurately recorded and processed and queries resolved.
• Help with audit tasks, supporting the teams to review and ensuring compliance with underwriting processes.
• Gain 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 programmes.
• 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 prioritise 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; 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.

Benefits

We offer a hybrid working model, with flexibility for in‑person collaboration and remote work. We also provide a compensation and benefits package including a bonus scheme and pension, and support for flexible working, health and wellbeing, generous parental leave and international career mobility.

Legal & Equality

We therefore welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

People With Disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com.

Recruitment Agencies: Allianz Commercial has an in‑house recruitment team and does not accept unsolicited resumes from agencies. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.