Allianz - New York, NY

posted 3 months ago

Full-time - Mid Level
Remote - New York, NY
Insurance Carriers and Related Activities

About the position

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks within the Allianz Group. Our extensive range of coverage includes aircraft, international business, and offshore wind parks, ensuring that we protect businesses against a variety of risks. The Alternative Risk Transfer (ART) line of business is dedicated to creating innovative, tailored structured insurance, captive reinsurance, and other non-traditional risk management solutions for a diverse array of corporate and financial clients globally. We specialize in helping our customers mitigate their most complex risks through bespoke multi-year and multi-line agreements, leveraging our expertise in alternative risk transfer and the global capabilities of the Allianz Group. In this role, you will report to the Regional Head ART - Americas and be responsible for implementing a global strategy for an ART sub-Line of Business (sub-LoB). Your responsibilities will include market management and underwriting results, developing cross-sell opportunities within Allianz Commercial, and creating innovative and complex solutions in a dynamic marketplace. You will execute the global ART strategy for sub-LoB underwriting and business development to drive profitable growth, identify market opportunities, and take responsibility for sub-LoB underwriting results. Additionally, you will lead new product development opportunities in ART, acting as an interface with Allianz group products to leverage the strong Allianz brand. You will also be tasked with positively representing ART internally within Allianz Commercial and externally to the market, building long-term relationships with key clients and broker contacts. Sharing comprehensive client and industry segment insights with the business will be crucial, as will developing, implementing, and broadcasting operational measurements, KPIs, and SLAs to measure, steer, and improve business globally and locally.

Responsibilities

  • Executing global ART strategy for sub-LoB Underwriting and Business Development to drive profitable growth.
  • Identifying market opportunities, including potential target markets, segments, and clients, and taking responsibility for sub-LoB underwriting results.
  • Leading new product development opportunities in ART and acting as an interface with Allianz group products.
  • Positively representing ART internally within Allianz Commercial and externally to the market, building long-term relationships with key client and broker contacts.
  • Sharing comprehensive client and industry segment insights with the business.
  • Developing, implementing, and broadcasting operational measurements, KPIs, and SLAs to measure, steer, and improve business globally and locally.

Requirements

  • 5+ years of transactional expertise in negotiating, structuring, and executing complex insurance and other financial transactions, including 3+ years of experience in a specialty area.
  • Ability to define segmentation, client differentiation strategies, and a clear value proposition.
  • Ability to implement tools and methodologies to develop market, competitor, and client insight and implement best practices in channel management.
  • Ability to develop innovative solutions in a fast-changing environment and communicate strategies to address market trends or changes in the business environment.
  • Excellent written and verbal communication skills, with an ability to develop and positively influence key strategic position holders across locations and functions.
  • Degree/professional designation in one or more of the following areas: Actuarial, Insurance, Underwriting, Finance, or Legal.

Benefits

  • Generous bonus scheme
  • 401K
  • Private healthcare
  • Generous parental leave benefits
  • Career development and digital learning programs
  • International career mobility
  • Flexible working arrangements
  • Support for health and wellbeing
  • Opportunities for engagement in shaping a sustainable future.
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