Underwriting Process Leader - Marine

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Cluster: Allianz Professional
 

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.

We are looking for an Underwriting Process Leader – Marine. If you have an actuarial background with an insurance company – that would be a plus! This position will work a hybrid schedule based in our New York office.

Your Team  

Allianz Commercial (AzC) is one of the largest marine insurers in the world and is a leader in inland marine insurance and related property coverage across North America and various worldwide locations. With a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.

Our Inland Marine and Related Property Insurance solutions cover over 100 classes of business, covering all aspects of moving or movable property. Whether it's a building under construction or a shipment of an original Picasso, our inland marine insurance underwriters provide flexible and creative solutions for the most challenging of inland marine exposures.

The Impact You Will Have  

Reporting to the Regional Head of Inland Marine NA, this position will design and lead the execution of process improvement projects with the North American Marine Line of Business (LoB).  Provide underwriting process guidance and support to the Marine LoB.  Act as the Marine process liaison for internal constituents.  Responsible for designing solutions based underwriting process guidelines, job aids, training and coordination as needed.  Deliver training when needed.

Some of your specific responsibilities could include:  

• Design, develop, create, implement and maintain underwriting processes (i.e., Underwriting Workbench) that maximizes efficiency, improves data quality and empowers underwriters with impactful data at the point of sale to increase profit margin.  
• Serve as the Marine Line of Business liaison for operational business partners to maximize integration for highest quality & efficiency. Ensure early engagement with Stakeholders on known hot spots and future demand, and continuously keeping them informed of progress and issues in alignment. Ensure continued cooperation towards successful completion and benefits realization. Positively influence key position holders across locations and functions.
• Represent N.A. Marine Underwriting’s contribution to Allianz IT systems and processes.   Drive involvement of functional areas in process coordination including e.g.  CUO, Operations, including off-shore services, Actuarial, State Filings and Distribution.  Roll out and deliver training as needed on new processes and promulgate results as needed to leadership and business partners. Actively support LoB-specific projects and task forces.
• Identify and provide resources, tools and guidance to facilitate underwriting within the governance framework. Work with leadership and other business partners to help facilitate both internal & external compliance requirements.
• Proactively support completion of policy administration and credit control processes.  Represent Marine Underwriting in any internal process audits and any response to external market conduct exams.

What You’ll Bring to the Role –  

• A minimum 7 years’ significant experience in Underwriting management and/or organization and/or processes management. Understanding of relevant technical and financial analysis of industrial underwriting cases or equivalent.
• Successful track record of leadership of direct teams or complex matrix environments.
• Experience of working internationally or with diverse cultures with strong ability for cross border adaption.
• A bachelor’s degree in Actuarial studies, Business Administration, Mathematics, Statistics, Finance, or Risk Management and Insurance.
• Advanced knowledge in Excel and Database applications.
• Ability to assess risk inherent exposures and (natural) hazards relevant to Marine and Property.
• Business skills: break complex subjects into manageable pieces; determine status quo, business requirements, target and course of action.
• Program Management as well as Methodological & Conceptual Skills: from individual task management to ability to manage large complex projects.
• Consulting skills: relationship management, customer satisfaction, understand customer needs, build CBA & Business Case, facilitation, consult business.
• Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
• Strategic Planning: Ability to develop, implement and communicate strategies to address important trends or changes in the business.
• Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally.  Ability to "sell" an improvised or prepared audience winning story.

The annualized base pay range for this role is $130,988 to $224,550. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by several 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.

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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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