Product Contracting Associate Senior | Onsite

Job Level:  Professional
Location: 

Minneapolis, MN, US, 55416

Area of Expertise:  Actuarial
Unit:  Allianz US Life
Employing Entity:  Allianz Life Insurance Company
Job Type:  Full-Time
Remote Job:  100% on-site
Employment Type:  Permanent
ID:  45487
Position Cluster:  Non-Executive

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

 

You will draft new or modified product contract forms and reinsurance treaties, ensuring complete, accurate, and legally sound agreements. You will participate in project management of contract form and reinsurance initiatives to lead project success, including building relationships with internal and external parties and assisting in negotiations. Assist with the filing process including filing, obtaining, communicating, and maintaining state department of insurance approval of product contract forms and other similar forms. Establish communication with state regulators and internal partners. Review, analyze and apply legislative/regulatory updates. Lead or provide support for miscellaneous projects. Research state regulations supporting product development initiatives. You will report to the Senior Manager of Product Contracting.

 

What you do:

  • Contract Drafting & Reinsurance:

    • You will assist with drafting contract forms and reinsurance documents, including new documents or modifications to existing and other drafting process activities.

  • Legislative Updates & Other Legal Requests:

    • You will ensure the compliance of previously filed forms through analysis of legislative updates, identifying the need for new forms or modifications to existing forms.

    • You will answer requests for information on past filings.

  • Filing & Process Management:

    • You will file and obtain state approvals of forms, including filing preparation and internal and external/regulator coordination and communication.

    • You will guide the team's productivity through proactive process management, including activity tracking and metrics, document retention, and other process-related activities.

 

What you bring:

  • 2-3 years experience required

  • Knowledge of insurance products, how they work, and the rules and regulations associated with them.

  • Juris Doctorate Required

 

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer.


45487 | Actuarial | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

 

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. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

 

Join us. Let's care for tomorrow.


Nearest Major Market: Minneapolis