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Allianz Engineering - Engineering Insurance Graduate Scheme

Industry Sector:
Engineering / Insurance
South East England

Engineering Insurance Graduate Scheme

About the scheme

At Allianz, we give our engineering insurance graduates unrivalled exposure and experience. They work at the very heart of our business - where we evaluate risks so we can choose if, how, when and at what premium we’ll insure. Over the two years, you’ll be fully supported to take on real work and responsibilities as you work alongside our expert underwriters to develop innovative insurance solutions that fully meet the needs of our customers in this ever changing world. As a specialist engineering insurer we have a large and varied customer base, so you could be arranging insurance policies for construction projects, computers, machinery breakdown or looking at emerging risks like cyber or renewables.

What you’ll be doing

You’ll gain a huge breadth of experience and will spend time moving around our business areas, such as:

  • Engineering Account team - where you can get involved in a variety of activities including pricing and portfolio management
  • Engineering Standards - where you can work with our specialist engineers supporting our large inspection business
  • Claims - where you can use your technical knowledge to help support our customers and claims handlers in assessing and settling claims


You’ll work alongside our technical specialists within different business areas, helping to develop our underwriting and pricing strategy across a variety of lines of business, such as the construction, engineering and power sectors. You’ll work on new product design to make sure we meet the changing needs of our customers and be involved in working with some of our trading partners to help ensure Allianz delivers excellent customer service and maintains strong business relationships. You’ll use your excellent analytical and mathematical skills to evaluate risks to support the development of these key strategies, helping to ensure we continue to grow our business profitably. Based in Liphook, you’ll need flexibility to spend time in our branch offices where required.

Underwriting is at the heart of any insurance company, so developing your skills in this core area opens the door to a whole range of opportunities. These could include Senior Underwriter, Technical Management, Pricing or Account Management – all with the potential to develop into senior leadership roles. Equally you could pursue a career in Risk Surveying, Sales or Operations. The opportunities are as varied and broad as the business and your aspirations!

Support, training and progress

Allianz has a strong reputation for supporting students in their studies. You’ll be assigned dedicated study days and the funding you need to successfully complete the Chartered Insurance Institute (CII) Advanced Diploma in Insurance (ACII). In addition to your CII qualification you’ll also complete Allianz’s market-leading Underwriting Academy. Once you’ve qualified you’ll have the opportunity to attend development programmes with your peers, as well as opportunities to meet and learn from colleagues across the Allianz Group. You’ll have direct access to our buddying and mentoring schemes, which are a great way to make connections throughout the business and to learn more about our work. In addition, you’ll have opportunities to visit our key stakeholders and we’ll also put you in touch with other Allianz graduates, so that you can share your experiences with your peers and build a network of connections with other business managers of tomorrow.


  • An honours degree in Mechanical or Civil Engineering, achieved or on target for a 1st or 2:1 level
  • Valid work permit for permanent work in the UK
  • Min 300 UCAS points (excluding AS Levels and General Studies) or equivalent
  • Flexibility around our UK locations

Open for applications:

The scheme is now open for applications. Please apply by 24 February. We advise you to apply as soon as possible, as we progress applications as we receive them and may make offers before the deadline.

Allianz Engineering is one of the leading engineering insurance and inspection providers in the UK.
Working for all types and sizes of customers from large multi-nationals to local owner operators we provide a range of engineering insurance covers and inspection services to businesses.
Examinations are an important part of meeting statutory, regulatory and operational requirements and Allianz Engineering is committed to the delivery of an inspection service which is second to none.
One of the key roles within Allianz Engineering is that of the Engineer Surveyor. Our Engineer Surveyors are at the forefront of our business, visiting client sites to thoroughly examine and assess a wide range of plant, equipment and installations. They need to be able to identify problems and have an acute awareness of workplace hazards and the safety requirements of the items being examined.
We have over 550 Engineer Surveyors strategically placed throughout the UK and Republic of Ireland, and this number is expected to increase in line with business growth. For this reason it is essential we identify high calibre individuals to join our Engineer Surveyor teams across the country. For successful candidates, we can offer a rewarding career with development opportunities and first class training.

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