Regional Head of ART LoB Claims, North America & Bermuda

Job Level:  Management
Location: 

New York, NY, US, 10005

Area of Expertise:  Customer Services & Claims
Unit:  Allianz Commercial
Employing Entity:  Allianz Global Risks US Insurance Compan
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  88840
Position Cluster:  Allianz Executive

 

Let’s care for tomorrow. 

Your ambitions.  Your dreams.  Your tomorrow 

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

 

We are looking for a Regional Head of ART LoB Claims, North America & Bermuda, based in New York 

 

Your Team  

The Alternative Risk Transfer (ART) line of business of Allianz Commercial creates innovative tailored structured insurance, captive reinsurance, and other non-traditional risk management solutions for a wide range of corporate and financial clients globally. We specialize in helping our customers mitigate their most complex risks with bespoke multi-year and multi-line agreements covering a broad range of risks, leveraging our expertise in alternative risk transfer and the global capabilities of the Allianz Group.  

 

The Impact You Will Have  

We are in search of a Regional Head of ART LoB Claims, North America & Bermuda, as part of our Global Claims Team within the Alternative Risk Transfer line of business. In this role, you will develop and execute the LoB Claims regional strategy, while proactively supporting the development of the global LoB strategy. You will manage a diverse portfolio of international insurance and reinsurance claims, including both CAT and Non-CAT, as well as multi-line and multi-year structured transactions. Your responsibilities will include conducting investigations, resolving claims, and collaborating with other claims departments across various lines of business in North America, ensuring comprehensive coverage evaluations, oversight and efficient account administration. Furthermore, you will oversee all local Claims staff and operations in North America, including Run-off claims and staff in Bermuda, ensuring compliance with local/regional AGCS Claims guidelines. 

 

Some of Your Specific Responsibilities Could Include: 

  • Leading and managing the local Claims team in North America and Bermuda, ensuring the organizational structure and processes effectively serve both internal and external customers. 

  • Managing cost center budgets within the planned allocations. 

  • Supporting the development of the global Claims LoB strategy and ensuring its effective implementation at the regional level. 

  • Ensuring efficient, effective, and adequate reserving levels, adhering to Allianz Commercial reserving standards. 

  • Supervising and monitoring large losses, leading negotiations when applicable, and providing support to guarantee effective claims handling, while ensuring close collaboration with other claims departments across various lines of business in North America and with the ART LoB Claims Global Practice Group as necessary. 

  • Driving excellence in claims handling services provided to brokers, clients, and internal stakeholders. 

  • Implementing best practice regional and local operational claims handling processes, aligned with global standards, and ensuring the local Claims function is appropriately structured. 

  • Ensuring claims are handled within authority limits and in accordance with Allianz Commercial Claims Standards procedures and guidelines. 

  • Developing, implementing, and disseminating Claims KPIs to guide business operations at the regional and local levels. 

  • Participating in client meetings to showcase Allianz Commercial’s claims handling capabilities and proactively liaising with Distribution on market management initiatives. 

  • Representing Allianz Commercial positively within the Allianz Group and externally to the market. 

  • Promoting close cooperation and collaboration with other functions, including Underwriting, Risk Control, CRO, Operations, Deal Services, Finance and Actuarial. 

  • Driving effective vendor management with external partners, such as lawyers and loss adjusters. 

  • Ensuring proactive management and oversight of legacy portfolios as part of the Bermuda run-off team, focusing on the effective handling, resolution, and servicing of existing agreements from the capital solutions operation.

 

What You’ll Bring to the Role: 

  • A minimum of 7 years of experience in ART Claims management or a similar role that entailed significant experience in managing a diverse portfolio of international insurance and/or reinsurance claims. 

  • Proven ability to build relationships with brokers at a peer group level, with expert understanding of regional/local LoB insurance markets and competitor landscape; 

  • Significant experience leading teams internationally and within complex global matrix environments; 

  • Comprehensive understanding of relevant products, wordings, terms and conditions, coverages, and the legal and regulatory framework; 

  • In-depth knowledge of the claims handling process from notification to settlement and recovery. 

  • Knowledge of reserving principles and practices, along with a robust understanding of coinsurance and reinsurance applications; 

  • Understanding of relevant legal processes and procedures, litigation management, and litigation avoidance techniques (e.g., mediation); 

  • Strong skills in negotiation, conflict management, and influencing decisions in complex situations; 

  • Excellent verbal and written communication skills; 

  • Ability to analyze highly complex data, from multiple sources, in detail and identify and resolve issues before they transpire; 

  • Change management skills with an ability to transition individuals, teams, and the whole organization from a current state to a desired future state;  

  • Proficiency in utilizing AI tools to support day-to-day tasks, enhance efficiency, and contribute to data-driven decision-making; and 

  • Bachelor’s degree. 

 

External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship. 

The annualized base pay range for this role is $250,000 – $300,000. The annual base salary range represents a 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. 

 

88840 | Customer Services & Claims | Management | 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 center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

 

Learn more about careers at Allianz Commercial by clicking here.

 

Learn more about Allianz Commercial by clicking here.

 

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

 

We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

 

Join us. Let's care for tomorrow. 

 

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.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. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

 

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Nearest Major Market: Manhattan
Nearest Secondary Market: New York City