Portfolio Solutions Team Lead

Job Level:  Professional
Location: 

O'Fallon, MO, US, 63368 Alpharetta, GA, US, 30022 Chicago, IL, US, 60606

Area of Expertise:  Underwriting
Unit:  Allianz Commercial
Employing Entity:  Allianz Global Risks US Insurance Compan
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  105673
Position Cluster:  Non-Executive

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.

AI technology may be used to assess applications for keywords and essential qualifications. However, all AI-filtered candidate information will be reviewed by an Allianz Commercial team member, as our AI processes are subject to human oversight.

 

We are looking for a Portfolio Solutions Team Lead to be located in our office located in O’Fallon, MO, Alpharetta, GA OR Chicago, IL. 

 

Your Team

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.

 

Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.

 

When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!

 

The Impact You Will Have

Reporting to the Head of Portfolio Solutions and Delegated Authority – North America, the Portfolio Solutions Team Leader will serve as a working people leader responsible for building, leading, and developing the analyst bench that keeps the Portfolio Solutions function operating at scale. This role will oversee day-to-day leadership of Portfolio Solutions Analysts, including assigning work, developing capabilities, managing performance, and maintaining a high standard for quality and turnaround.

 

In addition to leading the team, this role will stay personally engaged in execution, including facility onboarding, bordereaux processing and reconciliation, data validation, portfolio profitability monitoring, and cross-functional project delivery. The Team Leader will help ensure new business is onboarded correctly, existing programs are monitored rigorously, and the function’s operating model continues to scale without sacrificing control, quality, or governance.

 

Some of your specific responsibilities could include

  • Lead, coach, and develop a team of Portfolio Solutions Analysts by prioritizing workload, managing performance, building capability, and creating a scalable, well-documented operating model as the function grows.
  • Personally lead onboarding and implementation for select delegated authority programs and facilities, ensuring timelines, dependencies, and operational requirements are clearly managed.
  • Quality-check analyst work related to bordereaux processing, reconciliation, and data validation before it reaches underwriting, finance, or other business stakeholders.
  • Monitor portfolio profitability indicators, including loss ratios, rate adequacy, and exposure accumulation, and escalate deterioration or emerging risk to the Head of Portfolio Solutions.
  • Represent Portfolio Solutions on cross-functional project teams supporting new program onboarding, process improvement, automation, and broader strategic initiatives.
  • Own and maintain documented procedures, controls, and governance standards for onboarding, bordereaux processing, and portfolio monitoring.
  • Identify operational risks, drive process improvement opportunities, and support automation initiatives that improve efficiency, quality, and scalability.
  • Coordinate closely with Underwriting, Claims, Finance, Actuarial, Legal, Compliance, Operations, IT, and PMO to support program execution and issue resolution.
  • Support executive reporting on project status, portfolio performance, operational risk, and key initiatives across the Portfolio Solutions function.

 

What you’ll bring to the role

  • Experience leading, coaching, or mentoring others, with the ability to prioritize work, manage performance, and build repeatable team processes.
  • Strong portfolio management capability, including the ability to monitor performance indicators, identify trends, and escalate emerging risks.
  • Experience with delegated authority, facilities, program business, MGA relationships, or similar insurance portfolio structures preferred.
  • Strong understanding of bordereaux processing, reconciliation, data validation, and operational data management.
  • 3+ years of leadership experience (preferred).
  • Experience supporting onboarding, implementation, or cross-functional project delivery within insurance, underwriting, operations, or portfolio management environments.
  • Ability to collaborate and influence across underwriting, claims, finance, actuarial, legal, compliance, operations, IT, PMO, and senior business stakeholders.
  • Process-oriented mindset with experience improving workflows, documenting procedures, strengthening controls, and identifying automation opportunities.
  • Strong analytical, organizational, and communication skills, with the ability to manage competing priorities in a growing and evolving function.
  • Familiarity with CAT modeling, portfolio monitoring, rate adequacy, exposure accumulation, or related profitability indicators preferred.
  • Ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making.

 

The annualized base pay range for this role is $97,739 - $147,652 for O’Fallon, MO and $107,913 - $163,96 for  for Chicago, IL or Alpharetta, GA . 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.

 

105673 | Underwriting | Professional | 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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