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Product & Underwriting Governance Specialist (m/f/d)

Job Level:  Professional

Saint-Ouen, 93, FR, 93400 München, DE, 80335

Due Date:  asap
Area of Expertise:  Underwriting
Unit:  Allianz Partners
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  4028

Job Purpose/ Role
Allianz Partners (AzP) is the leading company for B2B2C offerings within Allianz, with a wide variety of insurance and service solutions in the areas of Mobility & Assistance, Travel, and International Health. 


The Product & Underwriting Governance team is part of the Cross Line of Business (LoB) team within Allianz Partners. The main responsibility is to define rules & cornerstones for the Product & Underwriting population located around the world while fostering Cross-LoB solutions, collaboration, and alignment. 


Reporting to the Head of Product & Underwriting Governance, in this role you will be pivotal in shaping and executing AzP and LoB strategy, which is currently undergoing a company-wide transformation program. 


Product & Underwriting Governance team translates various requirements (including Allianz group, AzP CEO, as well as external (legal and regulatory) requirements) into tangible rules and recommendations for AzP. Particular focus in the coming years will be shift to a an analytical portfolio management view, while harmonizing processes in the different LoB’s and bringing various internal stakeholder onboard. 


As the Product & Governance team is currently being extended, there are lot of opportunities to suggest and introduce efficiency or quality improving measures. If you are a pro-active person, keen on shaping the future of Product & Underwriting in the world’s largest insurance company & setting the cornerstones for the future, then we are looking forward to receiving your application!


Key responsibilities

  • Support the further development of Product & Underwriting Control & Governance Framework while interacting with various international, internal stakeholders (e.g. Legal, Audit, Risk, Actuarial, corporate Allianz SE headquarter experts) 
  • Interact with and challenge a technically experienced Product & Underwriting team & ensuring necessary levels of quality & performance in various areas (e.g. Underwriting file reviews, Case underwriting, productivity measurement)
  • Develop and automate mechanisms that allow tracking of reporting requirements and governance controls 
  • Prepare management briefings, analyses, and presentations relating to various Cross-LoB topics (e.g. Underwriting committee, Quarterly business reviews)
  • Be the contact person for governance-related enquiries and support solutions in an end-to-end manner 


Key requirements / skills / experience 

  • 5+ years of practical experience within Insurance industry, ideally within Product & Underwriting, regulatory knowledge advantageous
  • Bachelor’s degree or higher, ideally within Business Administration, Finance, or a related field
  • Fluent business English (verbal and in writing) & experience working independently in a global, digital environment with strong IT user skills (in particular Microsoft Excel, PowerPoint, Access)
  • Strong analytical skills with attention to detail and the ability to translate abstract requirements into practical guidance that meets business needs, Consulting experience advantageous
  • True team-player with enthusiasm, drive, hands-on attitude and the goal of making things possible


What we offer
Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.

We are there to empower and encourage you with your personal and professional development ensuring  that you take control by offering a large variety of courses and targeted development programs.


All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. 

Our products are embedded seamlessly into our partners’ businesses or sold directly to customers, and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care. Present in 75 countries, our 21,100 employees speak 70 languages, handle over 71 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.

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.

Great to have you on board. Let's care for tomorrow.