Head of Product Development, Financial Lines

Allianz Global Corporate & Specialty

The product development unit systematically supports product development for all Financial Lines products worldwide. The Product Development unit has the task to: draft, review and sign off new AGCS FL wordings , update existing AGCS FL wordings, review and negotiate broker FL wordings, review and sign off competitor FL wordings, draft marketing material and provide underwriter training, draft bespoke policies and endorsements, monitor legal developments to provide solutions, support the Financial Lines business and AGCS' profile as a solution provider by ensuring a flow of new product launches, steer and control the process of product development in Financial Lines.

In this role you will…~crlf~##Develop wording of local wordings in the UK and Ireland~crlf~##Maintain wording /endorsement library~crlf~##Develop bespoke client and broker wordings for facilities and one off accounts~crlf~##Develop and tailor policy endorsements as required~crlf~##Develop new products to support Financial Lines diversity and business growth aspirations~crlf~##Monitor and research legal developments to transfer results into wordings and guidelines~crlf~##Present new products externally to the market and internally to AGCS underwriting as necessary~crlf~##Monitor and organize product development processes~crlf~##Review of single tailor-made solutions to ensure legal consistency~crlf~##Produce supporting marketing information for external use in relation to new and existing products~crlf~

##You will be legally qualified in England & Wales – at least 3+ years’ PQE~crlf~##You will be able to independently design, develop and implement consistent and robust local and bespoke wordings~crlf~##You will be able to research, keeping abreast of legal developments as a basis for wordings and guidelines~crlf~##You will have experience of robust monitoring of processes and legal requirements and carry out reviews~crlf~##You will Present new products and deliver supporting materials for external use~crlf~##You will have developed expertise in Financial Lines products and product development~crlf~##You will have high level legal skills and deep understanding of wordings and clauses~crlf~##You will be able to express ideas and messages clearly, both written and verbally, and to "sell" an improvised or prepared audience winning story~crlf~##You will be able to persuade and motivate others to act, without executive authority~crlf~##You will have a good understanding of legal and regulatory framework~crlf~

AGCS is dedicated to offering its employees an environment open for learning and development and hosts its own Underwriting Academy to drive continued excellence in underwriting and to better understand and serve our clients’ needs.~crlf~ ~crlf~At Allianz Global Corporate & Specialty (AGCS) we offer the opportunity to work in a dynamic environment with global challenges at the world’s leading P&C insurer. ~crlf~ ~crlf~Did you know Allianz insures more than half of the Fortune Global 500® companies, or that AGCS insures major movie productions, cyber security threats, and that we are the leading specialist in satellite and space insurance?~crlf~ ~crlf~We have offices in 29 countries and with our extensive Allianz and partner network we help customers in more than 160 countries worldwide. ~crlf~ ~crlf~At AGCS UK we are not only impressive for our clients, but also for our employees as we offer the following generous benefits:~crlf~ ~crlf~-Flexible buy/sell holiday options~crlf~-Bupa private medical insurance~crlf~-Generous pension contributions~crlf~-Enhanced paid maternity, paternity, shared parental leave~crlf~-Sabbaticals~crlf~-Flexible working options~crlf~-Subsidized on-site massages~crlf~-Employee stock purchase plan for Allianz shares~crlf~-Education / study sponsorship~crlf~-Global mobility within AGCS and the wider Allianz Group ~crlf~ ~crlf~…and many more individual flexible benefits to choose from. We pride ourselves on our approach to wellbeing and provide regular seminars, activities, and events devoted towards the overall health of our employees.~crlf~ ~crlf~We are looking for talented individuals who are passionate about what they do – come and find out why AGCS is the place for you!

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. Join us. Let’s care for tomorrow.~crlf~~crlf~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.

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.~crlf~Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.~crlf~For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.~crlf~~crlf~

 
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