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Deal Operations Analyst - O'Fallon or New York

Job Level:  Professional

O'Fallon, MO, US, 63368 New York, NY, US, 10019

Due Date:  As soon as possible
Area of Expertise:  Operations
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Home office due to Covid-19
Employment Type:  Permanent
ID:  6647

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:

The Deal Operations Analyst is responsible for all operational aspects of the assigned book within ART.  This includes the recording of new transactions into our underwriting systems, monitoring the process (issuing invoices, ensuring timely receipt of final documents, premium monitoring, etc.), monitoring the portfolio, monitoring claims, liaising with Finance and Accounting and reconciling the book with our clients. Liaising with the Operations, Finance and Accounting and Claims areas of AGCS, as required, are also integral in this position.



In this role you will…

  • Ensure proper entry of all transactions within the assigned area into the underwriting systems. 
  • Coordinate information flow externally and internally, and ensure ongoing internal processes are followed.
  • Ensure all transaction documentation and underwriting supporting material are completed properly and processes followed.
  • Work with claims to ensure any incoming claims are properly recorded and reviewed and the underwriters have understanding of claims activity.
  • Work with external clients to ensure we have the same risks/premiums/claims on mutual contracts, and premium and claims payments are received/paid.
  • Work with underwriters, other deal management staff and IT development on improvements/enhancements to the underwriting and processing systems.
  • Assist in general operations tasks and process development and contribute to assigned projects.


To be successful in the role:

You will have…

  • Minimum 3-5 years of insurance operations experience;
  • University degree or professional designation;
  • Strong traditional insurance knowledge as well as in depth knowledge of non-traditional business;
  • In depth understanding of insurance operations;
  • Ability to define complex problems and develop solutions to these problems;
  • Strong communication and diplomacy skills;
  • Ability to interact internally and externally with people at various levels of the organization;
  • Ability to express ideas and messages clearly, both written and verbally;
  • Strong analytical skills, with an excellent attention to detail; and
  • Ability to manage many concurrent tasks across multiple transactions and with different internal and external customers.

Here are a few reasons why you should join 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 specialized 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 
  • 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 where 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.

Nearest Major Market: St Louis