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Engineering Insurance Graduate Scheme

Posted 25 Mar 2024
Work experience
0 to 2 years
Full-time / part-time
Full-time
Job function
Degree level
Required language
English (Fluent)

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The Scheme

Responsibility? You bet. Right from the start, you’ll be involved in interesting challenging projects which make a real difference to our successful engineering insurance and inspection business. You’ll specialise to become an underwriter.

What is an underwriter? Which risks are worth to be taken for the business? At what price and under what conditions? These are decisions you’ll make, after carefully assessing individual companies and negotiating terms and prices with brokers. Sounds a bit complicated? Don’t worry, our two-year Engineering Underwriting programme is designed to give you all the skills and technical know-how you need to become a successful underwriter and technical specialist of the future. We want you to get the opportunity to develop into a sector expert underwriter that works alongside our experts, helping to develop our underwriting and pricing strategy across a variety of lines of business, such as the construction, engineering and power sectors. As a specialist engineering insurer we have a large and varied customer base, so you could be assessing risks for construction projects, or machinery equipment or even looking at emerging risks such as cyber or renewable energy. Underwriting is at the heart of any insurance company, so developing your skills in this core area during either placement opens the door to a whole range of opportunities - Senior Underwriter, Technical Management, Pricing, Account Management - all with the potential to develop into senior leadership roles. The opportunities are as varied and broad as the business and your aspirations!

Selection Criteria

  • Honours degree in Mechanical or Civil Engineering, achieved or on target for a 2:1 level or above.
  • Valid work permit for permanent work in the UK without restrictions after graduation.
  • Flexibility to spend time in our engineering offices across UK

Founded in 1890 in Berlin, Allianz Group is a global leader and employer in insurance and financial services in more than 70 countries worldwide. With Allianz SE as headquarters, our many different insurance and financial service companies are present on all continents. Further high quality services are offered globally by Allianz Asset Management (Allianz Global Investors & PIMCO), Allianz Global…


Founded in 1890 in Berlin, Allianz Group is a global leader and employer in insurance and financial services in more than 70 countries worldwide. With Allianz SE as headquarters, our many different insurance and financial service companies are present on all continents. Further high quality services are offered globally by Allianz Asset Management (Allianz Global Investors & PIMCO), Allianz Global Corporate & Specialty (corporate and specialty risks), Allianz Technology, Euler Hermes (credit insurance) and Allianz Partners (assistance services).

Allianz is the HOME for those who DARE – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 85 million private and corporate customers and more than 142,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow.

Are you a daring mind who wants to make a difference ? We are looking for those who dare to challenge the status quo and pioneer our industry with us. If you dare, join us at Allianz Group.

Finance & Banking
London
10 employees