Delegated Authority Governance Officer
- London, United Kingdom
Posted 6 days ago
About the role
We are looking for an Delegated Authority Governance Officer to be based in London.
The Team
The Delegated Authority Governance team sits within Underwriting Integrity Solutions (UWIS) at AGCS and is responsible for all governance relating to Delegated Underwriting Authority Facilities across the business globally. The team owns and maintains the UW Facility Functional Rule, oversees the Internal Annual Facilities Review and Program Review process, and manages all contract agreement templates in collaboration with Legal Compliance. Key responsibilities include ensuring the presentation of significant Facilities to the Underwriting Committee and Board of Management for approval, reporting on the Facility Inventory, tracking and remediating breaches of authority, overseeing sub-delegation arrangements, and acting as the central point of management for all Subject Matter clauses and addenda to Delegated Underwriting Authority contracts. The team works cross-functionally with Lines of Business, Portfolio Solutions, Distribution, Claims, Outsourcing, Risk Management, and Compliance to ensure robust controls and governance are in place throughout the full lifecycle of every Facility — from onboarding and active underwriting through to renewal and exit.
The Impact You Will Have
Take the lead on executing the due diligence required under the AGCS Underwriting Delegated Authority Functional Rule — ensuring every delegated authority relationship is rigorously assessed, actively supervised, and audit-ready, both internally and externally. You'll be the go-to expert for reviewing binding authority documentation, making sure everything aligns seamlessly with AGCS' risk and compliance frameworks — no gaps, no grey areas. As the voice of Delegated Authority Business, you'll represent the function across a range of internal and external committees and working groups, building influence and driving alignment at every level. Collaboration is at the heart of this role. You'll work hand-in-hand with Underwriting, Claims, Compliance, and other key stakeholders to ensure AGCS governance processes aren't just understood — they're embedded and second nature across the business.
And when it comes to keeping everything running smoothly, you'll harness the power of OneView to maintain meticulous, comprehensive records of all Facility Contracts and Facility Partners — ensuring full transparency and traceability at all times.
Some of your specific responsibilities could include:
What’s in it for you?
Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
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, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
#LI-LP1
#LI-Hybrid
The Team
The Delegated Authority Governance team sits within Underwriting Integrity Solutions (UWIS) at AGCS and is responsible for all governance relating to Delegated Underwriting Authority Facilities across the business globally. The team owns and maintains the UW Facility Functional Rule, oversees the Internal Annual Facilities Review and Program Review process, and manages all contract agreement templates in collaboration with Legal Compliance. Key responsibilities include ensuring the presentation of significant Facilities to the Underwriting Committee and Board of Management for approval, reporting on the Facility Inventory, tracking and remediating breaches of authority, overseeing sub-delegation arrangements, and acting as the central point of management for all Subject Matter clauses and addenda to Delegated Underwriting Authority contracts. The team works cross-functionally with Lines of Business, Portfolio Solutions, Distribution, Claims, Outsourcing, Risk Management, and Compliance to ensure robust controls and governance are in place throughout the full lifecycle of every Facility — from onboarding and active underwriting through to renewal and exit.
The Impact You Will Have
Take the lead on executing the due diligence required under the AGCS Underwriting Delegated Authority Functional Rule — ensuring every delegated authority relationship is rigorously assessed, actively supervised, and audit-ready, both internally and externally. You'll be the go-to expert for reviewing binding authority documentation, making sure everything aligns seamlessly with AGCS' risk and compliance frameworks — no gaps, no grey areas. As the voice of Delegated Authority Business, you'll represent the function across a range of internal and external committees and working groups, building influence and driving alignment at every level. Collaboration is at the heart of this role. You'll work hand-in-hand with Underwriting, Claims, Compliance, and other key stakeholders to ensure AGCS governance processes aren't just understood — they're embedded and second nature across the business.
And when it comes to keeping everything running smoothly, you'll harness the power of OneView to maintain meticulous, comprehensive records of all Facility Contracts and Facility Partners — ensuring full transparency and traceability at all times.
Some of your specific responsibilities could include:
- Developing a deep understanding of the strategic arrangements and ensuring the governance aligns with our overall model.
- Ensure that the AGCS UW Delegated Authority Functional Rule required due diligence is executed, monitor the BAU supervision and internal and external audit processes for delegated authority relationships. This includes the review of binding authority documentation and ensuring compliance with AGCS’ risk and compliance frameworks.
- Represent Delegated AUTHORITY BUSINESS on various internal and external Committee and Groups. Advising internal stakeholders of any appropriate actions which are required and ensure these are addressed.
- Work with Underwriting, Claims, Compliance, and other key stakeholders to ensure all AGCS governance processes are fully understood and adopted, escalating queries when required to.
- Utilise OneView to maintain a comprehensive list of all current 100%,lead and follow Facility Contracts and Facility Partners, and ensure records are properly recorded on other SME systems.
- Utilize OneView to maintain records of all due diligence and audit activity and follow up requirements, including on other relevant SME systems.
- Record breaches and track mitigating action, escalating appropriately both locally and to the AGCS Head of Governance Delegated Authority Business.
- Contribute to the review and design of Facility policies and procedures and contribute to cross-team projects on behalf of Facility Management.
- Analyse Facility Partner MI and report findings and trends back through the required channels.
- Provide reporting updates for various audiences, primarily for any AGCS Governance Fora.
- Represent the Delegated Authority Governance at both internal and external meetings where required, e.g. divisional underwriting meetings, market meetings etc.
- Adherence to all relevant regulatory requirements forms part of the role, and the demonstration of behaviours as set out in relevant Functional Rules, Standards and Policies, as they relate to the role, placing customers at the centre of business and behaving with integrity.
- Previous experience working in a Delegated Authority Governance.
- The ability to work under limited supervision and escalate queries as required.
- Experience in assessing/supervising due diligence for delegated authority arrangements.
- Experience in reviewing and interpreting audit reports and dealing with associated recommendations
- Working knowledge of relevant regulatory developments in the field
- Experience in stakeholder management and working with different departments to ensure adherence to processes and procedures.
- MS Office including Excel
- Distribind and OneView experience helpful.
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.
What’s in it for you?
Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
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, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
#LI-LP1
#LI-Hybrid