Product Contracting Associate
The Product Contract Group's primary role is to draft or revise contract forms and to obtain state regulatory approval for their use. Forms must be compliant with applicable regulations, and be consistent with the company's objectives and practices. The Product Contract Group also leads and participates in reinsurance initiatives and other company projects. ~crlf~~crlf~Members of this team work both independently and as a members or leaders of cross-functional teams. ~crlf~~crlf~A Product Contracting Associate may be responsible for:~crlf~• Filing, obtaining and maintaining state product approvals, including analyzing and applying regulations~crlf~• Managing and drafting innovative contract forms that accurately reflect product specifications, meet all legal and operational requirements, and are consumer friendly~crlf~• Collaborating and obtaining sign-off from internal business partners on state communication strategies and contract language~crlf~• Participating in and leadership on miscellaneous projects
Contract Filing:~crlf~• Lead or manage the filing of new or revised contract forms, including developing efficient and innovative filing strategies. ~crlf~• Ensure that the filings are consistent with the filing strategy and comply with state filing requirements. ~crlf~• Research and analyze state regulations for applicability to contract forms, internal processes, and discussions with state regulators. ~crlf~• Work with state regulators and internal business partners to obtain state filing approvals in a timely manner. ~crlf~~crlf~Contract Drafting:~crlf~• Lead or manage the drafting of new or revised contracts. ~crlf~• Ensure that the drafted contract forms are consistent with product specifications and other forms, are compliant with regulations, and are written in a clear, concise, consumer friendly manner.~crlf~• Research and analyze regulations to ensure contract language meets product specification requirements while being compliant with regulations.~crlf~• Collaborate with business partners to address any concerns and achieve timely sign-off on contract language.~crlf~~crlf~
• 1-2 years’ experience required: Basic knowledge of insurance products, how they work, and the associated rules and regulations.~crlf~o Four-year degree required (or equivalent work experience)~crlf~o Juris Doctor degree required (or equivalent work experience) ~crlf~~crlf~
At Allianz, we foster a workplace where every person feels welcome, connected, and valued.
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. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.
Retiring with financial security. Living life with confidence. At Allianz Life®, every employee knows these are the things that matter. To do what matters means giving employees the tools and opportunities they need to create innovative, industry-leading products, to discover and embrace new trends, and to strengthen the customer experience. As a company, it means creating a culture that is inclusive, where doing the right thing comes naturally, and promoting an environment that develops talent, seeks excellence, encourages smart risks, and recognizes and rewards people for their performance. Doing what matters for employees helps everyone focus on doing what matters most for our customers. Allianz Life. What you do here matters.
Why Allianz Life®? Because we hire people who are dedicated to doing what matters and we give you the quality training, support, and advancement opportunities you need to succeed. As a company known for its financial strength, we offer generous benefits, have a strong commitment to community involvement, a collaborative culture, and a unique level of energy. The result is engaged and more productive employees. From the very first day you join our team, you will know that your contributions are valued. We practice True Balance at our campus by providing a fun work environment, an on-site child development center, a fully staffed fitness center, and a variety of meal options in both our full-service cafe and bistro. And all medical, dental, and retirement benefits are effective the first day you join Allianz Life, so you can focus on what truly matters.~crlf~~crlf~An equal opportunity employer.~crlf~~crlf~
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