Business Development Associate

Job Level:  Professional
Location: 

New York, NY, US, 10005

Area of Expertise:  Sales & Distribution
Unit:  Allianz Commercial
Employing Entity:  Allianz Global Risks US Insurance Compan
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  55620
Position Cluster:  Non-Executive

Let’s care for tomorrow.
Your ambitions.  Your dreams.  Your tomorrow

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group.  Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, AzC has the major risks covered when it comes to protecting businesses.

 

Your Team
Allianz Commercial (AzC) employs the brightest, most passionate people in the insurance industry. We’d love for you to join our growing team! We invest in our people through training and professional development while supporting you along the way—all so you can meet your career goals. To us, the most important measure of our success is yours.

 

The Impact You Will Have 
We are seeking a Business Development Associate (BA) who will be responsible for conducting key analyses and providing actionable insights for the NA Distribution’s business development activities.  The BA will be assigned to support designated zones, though is expected to collaborate across the Distribution organization in analyzing new business, upcoming renewals, broker performance, etc., and constructing zone and LOB-specific pipelines (e.g., criteria-based prioritization).  The BA will also be responsible for producing management reports, both for the NA Region and Global.  This role requires a blend of analytical skills, baseline industry knowledge, and strategic thinking to drive business initiatives and enhance the efficacy of Distribution activity.                                                      
 

Some of your specific responsibilities could include:

  • Analyze new and renewal business opportunities as well as assist in the planning and execution of business development strategies
  • Assess broker performance and market trends
  • Identify patterns and insights that can inform strategic decisions and drive revenue growth    
  • Work with Sales Operations & Planning to create and manage a single pipeline platform covering all zones and LOBs
  • Prioritize opportunities based on specific criteria to ensure focus on the most promising and strategically aligned prospects                                
  • Engage with various teams within the Distribution organization to ensure a unified approach to Originate > Execute > Retain business
  • Share data and insights across teams to support cohesive strategies and initiatives        
  • In collaboration with Sales Operations & Planning and LOBs, produce detailed reports for regional and global management, summarizing key findings and business performance metrics
  • Develop best practices for Distribution analysis and reporting:  Approaches, methodologies, tools, etc.                                 
     

What You’ll Bring to the Role

  • 3-5 years experience in analyzing large datasets to extract meaningful insights
  • 3-5 years experience in using quantitative methods to identify trends, patterns, and correlations that inform business decisions
  • 3-5 years experience in problem solving and stakeholder engagement, planning, coordination, and progress monitoring
  • 3-5 years experience in using analytical tools such as Microsoft Excel, SQL, and data visualization software like Tableau or Power BI
  • 1-3 years experience in Commercial insurance industry
  • Ability to create comprehensive and visually appealing reports that communicate complex data in an understandable manner
  • Familiarity with business intelligence platforms to create reports and dashboards    
  • Bachelor’s Degree in Business Administration

 

The annualized base pay range for this role is $91,827 - $157,491.  The annual base salary range represents nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.


55620 | Sales & Distribution | Professional | Allianz Commercial | Full-Time | Permanent

 

What’s in it for you?

 

Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.

 

Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

 

Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

 

Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach.  We’ve got your back.

 

Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

 

Care to join us?

Allianz Commercial (AzC) is a global corporate insurance carrier and part 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.  Learn more about us by clicking here.

 

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic.  Diversity of thinking is an important part of our company culture.

 

Recruitment Agencies: 
AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.

 

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Nearest Major Market: Manhattan
Nearest Secondary Market: New York City