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Global Head PI (m/f/d)

Job Level:  Management
Location: 

Unterföhring, DE, 85774

Due Date:  as soon as possible
Area of Expertise:  Reinsurance
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Home office
Employment Type:  Permanent
ID:  3267

Internal Applicant Information

 

Job cluster: Executive
               
For further information please contact:
Ms. Veronika Fleischmann
Tel: +49 89 3800 3043
                
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/Role 

 

Are you interested in joining our adventure by becoming our new Global Head of Professional Indemnity (PI) in Financial Lines?
Reporting directly to the Global Financial Lines Head, you will drive the PI strategy globally.

 

Key responsibilities

 

In this role you will…

 

•    Oversee the P&L of the Global PI Portfolio ensuring profitability is maintained over the cycle.
•    Have ownership respective planning, budgeting and monitoring in close coordination with Regional LoB Heads and CUO Global Business Analysis, (i.e. Portfolio Steering & Pricing)
•    Identify and monitor PC specific claims, developments and trends, market claims & potentials in close coordination with Regional LoB Head 
•    Provide acquisition support (including direct client, broker negotiations, PC specific presentations at broker events)
•    Support the PC specific corporate underwriting: business appetite definition, authority proposal, implementation of UW framework, ensure adherence to UW framework in close cooperation with CUO Global Business Analysis (i.e. Global Process Coordination)
•    Drive and facilitate PC specific internal and external communication in close cooperation with all relevant parties
•    Facilitate regional exchange between the Regions with regards to the respective PC as well as build, facilitate and multiply PC specific knowledge within all Regions
•    Make suggestions with regards to PC specific pricing, tools, processes and organizational matters
•    Drive product development/product enhancements for PC including cross LoB products
•    Ensure a successful global product roll-out for PC
•    Continuously focus on enhancing pricing tools (with Pricing team), portfolio steering (with portfolio team) and always ensuring Technical Excellence is at the heart of the line of business.
•    Focus on AGCS being a thought leader in PI

 

To be successful in this role:

 

You will have…

 

•    A Preferably Degree in Business Administration, Engineer, Economics, or comparable discipline as well as completion of professional insurance qualification (e.g. CII)
•    Experience in underwriting of international PI business ideally having led a regional or global portfolio
•    Experience in the UK or US Professional Liability market
•    Proven portfolio management skills
•    The ability draft contract and interpretation: design, develop and implement consistent, robust wordings
•    Demonstrable success in analysing current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance
•    The ability to develop, implement and communicate strategies to address important trends or changes in the business
•    The ability to negotiate best position for AGCS and client, often in contentious situations, managing conflicting priorities of various parties
•    Proven success in leading a team within a matrix organization as well as experience in working internationally with strong ability for cross border adaption
•    Fluent English skills with additional languages a plus

 

The benefits of joining 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  
•    Continuous learning: 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: 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.

 

Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.

 

Let’s care for tomorrow.