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Global Underwriting Product Management-Senior Insurance Product Architect (m/f/d), London or Munich

Job Level:  Professional
Location: 

London, GB, EC3V 0HR Unterföhring (bei München), DE, 85774 München, DE, 81737

Due Date:  ASAP
Area of Expertise:  Underwriting
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  8378

Whether it’s airplanes, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.

 

Job Purpose/Role 


Global Product Management is a new function within NEW AGCS to drive consistent Product Development as well as bringing a focused approach to building within Technical Excellence (TEX) enhanced coverage/ wordings best practice across Corporate & Specialty. This function will focus on 3 core dimensions to help deliver improvement across AGCS: the first is helping to drive better consistency via a new AGCS Product Model (via Allianz Product Laboratory), the second is working with the UW, Pricing, Portfolio and Claims functions to drive more data/ analytics and wordings excellence across all AGCS products and the third is helping enable new insurance UW ecosystems and/ or partnerships working in collaboration with the lines of business.

 

In this newly created role, you will guide Allianz Product Laboratory (APL) approach for Large Corporate & help ensure harmonized APL methodology applied to all Product Design, Architecture and Processes working within Global Product Management but also supporting UW in helping to enable this for specific Products. You will also support leadership in APL implementation and maintenance, particularly in cooperation with IT. You will contribute to harmonisation of product elements and to development of global taxonomies. Represent the GPR in APL Community discussions with AZ Group H10/ H4.


Responsibilities

 

In this role you will…


•    Structure the existing products into APL methodology with the consequent implementation of the designed products into APL-system (GOST) and ensuring downstream of the defined concept into all relevant insurance specific systems. Support IT implementation of APL-based products into Platforms. Contribute to harmonization of product elements and to development of global taxonomies.    
•    Ensure the appropriate harmonised data modelling and data management based on the APL methodology with account for LoB and OE specifics. Support reduction of product-related legacy.
•    Establish capabilities and promote the use of APL. Contribute to development of APL tools.
•    Compile, analyse, and interpret product-related information from both internal and external sources.
•    Support CUO LoB(s) for consistent granular product-related data. Strong goal-oriented alignment with UW across all LoBs to facilitate harmonized and modular products for the company. Maintain Digital Product Library and secure sustainable Unified Product Architecture.         
•    Support Global Pricing Actuaries and Claims for consistent pricing and loss allocation per coverage. Support portfolio management with appropriate product-related KPIs.    
•    Analyse products and processes to achieve and improve the ACM compliance and certification of the existing and newly developed products. Ensure development of new products fulfilling ACM principles and philosophy.
•    Participate in strategic LoB-wide, cross-LoB, -function projects and initiatives by providing support and coordinating activities.    

 

To be successful in the role:

 

You will have…


•    Degree in Finance / Law or Business and/or IT background
•    Preferably at least 3 years’ experience in International Underwriting P&C Business
•    Understanding of relevant risk and financial analysis of industrial underwriting cases
•    Ability to analyse highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire, ability to quickly identify guiding principles in complex scenarios

 

Ideally you will also have…

 

•    Experience in analyse and manage product related-data across LoBs    
•    Understanding of IT architecture, data modelling of complex insurance applications incl. APIs with external providers. Model thinking capability    
•    Successful track of working in international complex matrix environments, project experience
•    Ability to express ideas and messages clearly, both written and verbally.  Ability to "sell" an improvised or prepared audience winning story

 

Additional Information

 

AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.

 

The benefits of joining AGCS

 

•    Hybrid working model, which recognizes the value in a balance between remote and office based working, giving you the flexibility to organize the way you work
•    An exciting and versatile job with an opportunity to work alongside skilled and specialised colleagues from all over the world 
•    An environment where innovation and challenging the status quo is encouraged
•    Wellbeing policies/initiatives to support a positive work life balance 
•    A competitive compensation and benefits package including generous bonus scheme  
•    Continuous learning: A large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
•    Diverse and inclusive culture: You will be accepted for who you are and empowered to use your voice to help others find theirs

 

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

 

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

 

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals.Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally. 


In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders. This is an exciting time to join AGCS as we continue on our journey of transformation, regaining market leadership and achieving success together. You can grow your career through meaningful work supporting our customers, while learning from expert colleagues.

 

Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Diversity of minds is an integral part of Allianz’ company culture.

Let’s care for tomorrow.