Regional Head Product Development,Financial Lines

Allianz Global Corporate & Specialty

##Key developer and approver for new proprietary product/contract wordings and/or all substantial tailoring of standardized AGCS forms to meet requirements of industry sectors, key clients or brokers, including complex negotiation of contract terms and conditions, company participation and pricing~crlf~##Lead of team of product development professionals in the pursuit of developing new business while developing their skills and career path ~crlf~##Work across business Lines, forming relationships to ensure regional knowledge sharing with regard to special products / enhancements, specific UW knowledge for LoB products ~crlf~##Maintain strong internal relationships with Legal, Regulatory Compliance, Claims and other LoBs handling similar or related products or customers to facilitate product development and support a One Allianz market face to customers and brokers~crlf~##Ownership of LoB Compliance with regional regulatory requirements with respect to product development, including forms, rating and NA Usage Rules~crlf~##Maintain strong market relationships necessary to anticipate and respond to changes in requirements for key industry sectors, clients or brokers~crlf~##NA regional thought-leader in coordination with LoB heads and expert advisory point for junior, senior and other expert underwriters~crlf~##Leads the development, implementation and filings of policy forms and compliance for Financial Lines in NA for all LoBs and OEs, including legal research, wording~crlf~##Development, training, customer and broker meetings and acting as liaison with Claims/Legal and Underwriting~crlf~##Develop/define regional LoB Strategy for product development in accordance with global product development and regional LoB head~crlf~##Changes in global legal and tax requirements for local policy issuance~crlf~##Local regulatory developments~crlf~##Effective management within the global matrix~crlf~##Cross LoB collaboration in delivering blended products

Underwriting Strategy~crlf~##Develop, define regional product development strategy in accordance with Global Product Development and Regional LoB Head and act as "champion" for any matters relating to it~crlf~##Assist with executing underwriting strategy~crlf~##Input to existing strategy and/or in develop of new strategy~crlf~##Assist as subject matter expert for each LoB where appropriate along with Head of LoB and contribute to strategic decisions~crlf~##Develop entirely new products/solutions for clients~crlf~##Manage policy wording referrals from underwriters for complex business as appropriate~crlf~Underwrite Profitable Business ~crlf~##Assist in underwriting and advising large/critical new and renewal accounts with LoB head and referral underwriters to meet top and bottom line targets (regional and/or global)~crlf~##Assist in negotiate of terms and conditions with brokers and customers~crlf~##Proactively manage capacity~crlf~##Assist in managing capacity in various Financial Lines sub-LoBs along with regional LoB head~crlf~Underwriting Approach and Compliance~crlf~##Underwrite in line with LoB governance framework e.g. underwriting authorities, global MSU, underwriting guidelines, rules and principles~crlf~##Assist in negotiating reinsurance concepts~crlf~##Assist NA LoB head to propose optimal portfolio structure and anticipate portfolio development trends~crlf~##Underwrite special / new products during the introduction period (including claims mentoring, sales support, etc.)~crlf~Market Specifics~crlf~##Provide regional support for special products and product/endorsement development~crlf~##Identify regional trends / market developments incl. market potentials~crlf~##Monitor new legal) developments, coordinate and steer regional / country issues (e.g. securities, D&O and insurance law development). ~crlf~##Proactively liaise with brokers on product/coverage enhancements/market initiatives~crlf~Relationship Management~crlf~##Positively represent AGCS externally to the market~crlf~##Proactively drive involvement of functional areas in underwriting process, including e.g. MMC, ARC, Claims, Operations~crlf~##Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)~crlf~##Represents NA Financial Lines internally and externally to customers, brokers, the industry and other organizations~crlf~##Drive involvement of functional areas including e.g. other LoB teams and regional / local Market Management~crlf~##Actively support regional LoB specific projects and task forces~crlf~Leading People and Knowledge Transfer~crlf~##Lead a team of product development professionals assisting in the pursuit of developing new business while developing their skills and career path~crlf~##Work across business lines, forming relationships to ensure regional knowledge sharing with regard to special products / enhancements, specific underwriting knowledge for LoB products~crlf~~crlf~

##Bachelor Degree: Preferably Degree in Business Administration, Economics, Law or comparable discipline~crlf~##Certification: Preferably completion of professional insurance qualification (e.g. CII)~crlf~##Significant experience in underwriting profitable business in LoB~crlf~##Expert understanding of LoB products and portfolio~crlf~##Well recognized established relationships with brokers at peer group level and well established within market~crlf~##Significant experience working in a complex global matrix organization leading a team of professionals~crlf~##Expert understanding of legal and regulatory framework~crlf~##Comprehensive technical knowledge of LoB products, coverages, underwriting practices, pricing processes and sales distribution channels~crlf~##Risk Assessment and Management: ability to assess risk inherent exposures and (natural) hazards relevant to LoB~crlf~##Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs~crlf~##Contract Drafting and Interpretation: design, develop and implement consistent, robust wordings~crlf~##Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation~crlf~##Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire~crlf~##Strategic Planning: Ability to develop, implement and communicate strategies to address important trends or changes in business~crlf~~crlf~

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.

Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).

Worldwide, AGCS operates in 30 countries with own units and in over 210 countries and territories through the Allianz Group network and partners. In 2016, it employed around 5,000 people and provided insurance solutions to more than three quarters of the 'Fortune Global 500' companies, writing a total of €7.6 billion gross premium worldwide.~crlf~~crlf~AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.~crlf~~crlf~More information about careers at Allianz Global Corporate Specialty can be found at www.agcs.allianz.com/careers~crlf~~crlf~


You have found the perfect job? It’s time to work on your application. We have some tips for you!

Ready to apply? Train your interview situation upfront through Google Assistant. The platform provides you with information about Allianz useful for your interview preparation, such as:

  • details on the application process
  • Allianz facts & figures
  • information on our corporate culture

How does it work? Let Google Assistant on your smartphone or on your Google Home device know: “Hey Google, I want to talk to Allianz Careers.”

Register/ login to our application system and you will receive a confirmation email with your login data shortly. Fill out the application form. You can upload your data via Xing. Find more information about our password rules in our FAQ.

 Please note that the system cannot process ZIP files, protected PDF formats or attachments larger than 7 MB. You can upload your files in the following formats:

  • PDF
  • MS Office formats (Word, PowerPoint, Excel)
  • Graphics Interchange Format (.gif)
  • Joint Photographic Experts Group format (.jpeg)
  • Joint Photographic Group format (.jpeg)
  • Portable Network Graphics (.png)

Find more information in our FAQ.

 

Login to our application system and check your personal start page to see the status of your application. You can release your profile so that our recruiters can find you in the system and contact you. Find more information in our FAQ.

Could not find the right job? We can help you with that. Sign up for job alerts! You will automatically receive a personalized job alert when a job that fits your experience and interests becomes available.

When you get invited for a first interview, make sure to check our website to learn more about Allianz as an employer, our culture and values and get some insights to prepare yourself for the interview.

If you experience technical problems with our application system, check our FAQ for more information . Problem still not resolved? Please send an email with your request and a full screenshot of the error message to careers@allianz.com.
We offer an inclusive environment where everyone can be successful
Working flexibly from different locations – whatever works best for you
We recognize strong performance with attractive rewards
We help you to prepare and plan for your future
Join our truly global team and discover international career opportunities
Development programs, Underwriting & Claims Academy for your career enhancement
7 steps of the application process at Allianz.

From planes and drones to the world’s largest railway tunnel to hurricanes – when it comes to protecting businesses we’ve got the major risks fully covered.

Explore