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

Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.  

We are looking for a Senior Reinsurance Expert (m/f/d), based in Munich or London.

Your Team 
You will be part of a globally successful team spread across the globe. This is an excellent opportunity to join a team with a strong reputation and a commitment to excellence. 
The Senior Reinsurance Expert will be responsible for guiding and influencing key stakeholders, shaping the reinsurance strategy, and ensuring the overall success of reinsurance activities within Allianz Commercial.

The Impact You Will Have 

Reporting to the Head of Treaty Reinsurance, you will play a critical role in shaping the reinsurance strategy and driving its implementation as well as lead and oversee the management and coordination of reinsurance purchasing within Allianz Commercial for Long Tail lines. 
You will serve as the primary reinsurance liaison, guiding them through the renewal process. You will be instrumental in developing metrics and processes to evaluate each treaty placed by Allianz Commercial. 

The Allianz Commercial Treaty Department forms a part of the wider Chief Group Reinsurance Office Team with the Chief Group Reinsurance Officer at Allianz Re.  

Some of your specific responsibilities could include:

• Leading regular meetings with the liaisons of the lines of business Liability and Financial Lines to discuss open topics and next steps as well as coordinating and attending regular meetings with reinsurers and brokers throughout the year. 
• Managing the renewal process in time and scope including all correspondence with external partners (reinsurers and brokers) on topics related to the responsible lines of business, including treaties, cash flow, claims, and more.     
• Collecting all relevant information from various departments (CUO, Claims, Planning, etc.) to prepare the renewal submission for the responsible lines of business. 
• Maintaining and updating the treaty master list/database. 
• Ensuring the timely and correct setup and updating of overview sheets, double-checking, and monitoring system entries (Global Genius). 
• Regularly participating in Quarterly Claims Reserve meetings. 

What You’ll Bring to the Role

• A university degree in Mathematics, Finance, Business Administration, Law, or another area that involves a strong focus on quantitative analysis. 
• Ideally a relevant professional insurance qualification. 
• Significant experience in a reinsurance position, demonstrating a deep understanding of reinsurance practices. 
• Expert knowledge of reinsurance instruments, underlying business, and actuarial/risk capital requirements. 
• A technical and practical background in one industrial insurance Line of Business (LoB), along with a general understanding of all major LoBs and a robust understanding of actuarial principles and practices. 
• Proven experience working in an international environment. 
• Advanced contract drafting and interpretation skills. 
• The ability to manage the reinsurance portfolio, analyse trends, and develop scenario plans. 
• Strong skills in evaluating the risk-reward effects of reinsurance, such as its impact on the P&L and capital position of the company. 
• Excellent communication and presentation skills, with the ability to positively influence key strategic stakeholders. 
• Strong analytical skills. 

43770 | Reinsurance | 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 is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.  

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. 

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial 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.

People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com.

Recruitment Agencies: 
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial 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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