Regional Product Leader - Financial Lines
Company: Disability Solutions
Location: New York
Posted on: April 24, 2024
Job Description:
Let's care for tomorrow. Your ambitions. Your dreams. Your
tomorrow At Allianz Commercial (AzC), we are the global leader for
insuring corporate and specialty risks in the Allianz Group.
Whether it's aircraft, satellites, the world's biggest ships and
tallest building, cyber-attacks or climate change impacts, AzC has
the major risks covered when it comes to protecting businesses. We
are currently looking for a Private & Not For Profit Regional
Product Leader based in New York. This is a hybrid role. Your Team
Allianz Commercial (AzC) employs the brightest, most passionate
people in the insurance industry. We'd love for you to join our
growing team! We invest in our people through training and
professional development while supporting you along the way-all so
you can meet your career goals. To us, the most important measure
of our success is yours. The Impact You Will Have The Regional
Product Leader for MLC is responsible for the underwriting results
with the Private and Not For Profit LOB for the Region; including
setting underwriting authority, managing underwriters in a matrix
environment, providing underwriting direction and support, as well
acting as referral manager for business that exceeds local
underwriting authority. Some of your specific responsibilities
could include:
- Responsible for development of underwriting strategy for
Financial Lines business.
- Monitor a consistent underwriting governance framework for the
LoB (Line of Business)
- Drive implementation of underwriting guidelines, rules and
principles, conditions, pricing tools and best practice processes
and standards
- Complete business reviews to ensure quality of execution of
local underwriting
- Review and support referrals within area of expertise that
exceed regional underwriting authority.
- Identify, develop and implement underwriting policy, procedural
and program changes in accordance with the underwriting strategies
and regulatory environment.
- Ensure appropriate training programs are implemented and
maintained to develop the level of underwriting expertise
needed.
- Proactively manage and steer NatCat exposure (in liaison with
CAT Risk Mgmt and NCCSD)
- Compile global portfolio data for reinsurance purchase and
exposure modelling.
- Proactively manage underwriting treaty portfolio (in liaison
with Reinsurance)
- Qualitative analysis, management of LoB portfolio incl.
profitability analysis (e. g. trades, distribution channels etc.)
and KPI reporting
- Lead and manage Underwriting team and manage cost center budget
within plan. What You'll Bring to the Role
- 7-10 years experience in Underwriting profitable business in
LoB. Specialized expert understanding of multiple sub-LoB products
and portfolio
- 7-10 years experience in demonstrating established
relationships with brokers at peer group level and well established
within market
- 7-10 years experience in specialized understanding of regional
/ local LoB insurance markets and competitor landscape, including
global elements
- 5-7 years experience in understanding of legal and regulatory
framework
- 5-7 years experience working in complex, global matrix
organization
- Preferably a degree in Economics, Law, or other appropriate
discipline
- Completion of professional insurance qualification (e.g. CII)
The annualized base pay range for this role is $161,175 - $276,300.
The annual base salary range represents nationwide market range.
The actual salary for this position may be above and will be
determined by a number of factors, including the scope, complexity
and location of the role; the skills, education, training,
credentials and experience of the candidate. The base pay is just
one component of the AzC total compensation package. As part of our
comprehensive compensation and highly rated benefits programs,
employees are also eligible for annual performance-based cash
incentive awards. 44508 - Underwriting - Management - Non-Executive
- 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 (AzC) is a
global corporate insurance carrier and part 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. Learn more about us by clicking . 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. Recruitment Agencies: AzC has an
in-house recruitment team, which focuses on sourcing great
candidates directly. AzC 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. #LI-DNP #LI-Hybrid Nearest
Major Market: Manhattan Nearest Secondary Market: New York
City
Keywords: Disability Solutions, Bayonne , Regional Product Leader - Financial Lines, Accounting, Auditing , New York, New Jersey
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