Head of Marine Austria and Central Europe
Wien, AT, 1100
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.
Allianz Commercial is one of the largest marine insurers in the world, with unmatched depth and breadth of marine capabilities in the industry. We offer a broad portfolio of highly customizable products and have an exceptional appetite for complex marine accounts that demand innovative solutions.
We are looking for a Head of Marine Austria and Central Europe, based in Vienna.
The Impact You Will Have
Reporting to the Regional Managing Director Central Europe and the Head of Commercial Underwriting at Allianz Austria, you will be responsible for developing and executing the Marine underwriting strategy for Austria and Central Europe, aligning with global and regional objectives and supporting the strategy of the global Underwriting Line of Business.
This position focuses on market and relationship management, acquiring new business, retaining existing clients, and coordinating with local Distribution teams to execute strategic plans. Steering and controlling the Marine portfolio to achieve financial targets is essential, requiring proactive planning and collaboration with functional areas to review performance. As a leader, you will provide functional and technical leadership to both the Allianz Austria Marine Underwriting team as well as the Central Europe Marine Underwriting community. You will foster a collaborative environment and delegate work appropriately to ensure high performance.
Some of your specific responsibilities could include:
- Provide functional and technical leadership to both the Allianz Austria Marine Underwriting team as well as the wider Central Europe Marine Underwriting community.
- Develop and execute the Underwriting strategy for Austria Marine and Central Europe.
- Support the development of the global Underwriting LoB strategy, in line with CUO Marine.
- Train, develop, and coach experienced staff (including Senior Underwriters) in Austria and Central Europe.
- Manage complex referrals from underwriters in Austria and Central Europe, underwrite new and renewal accounts to meet financial targets, and negotiate terms with brokers while maintaining underwriting discipline and adherence to corporate guidelines and regulatory frameworks.
- Proactively support the acquisition of new business and retention of existing business (including client and broker negotiations).
- Coordinate with local Distribution to drive successful execution of the strategic plan and communicate the LoB strategy externally.
- Positively represent Allianz internally within the Allianz Group, and externally to the market.
- Proactively drive involvement of functional areas in the Underwriting process, including but not limited to Distribution, ARC, Claims, and Operations.
- Steer and control the Austria Marine and Central Europe Marine portfolio to drive achievement of financial targets (e.g. full combined ratio).
- Proactively liaise with functional areas to review performance of the end-to-end underwriting life cycle.
What You’ll Bring to the Role
- A degree in Economics, Law, or another appropriate discipline is preferred. Ideally, completion of a professional insurance qualification (e.g., CII).
- Significant experience in a leadership role in Marine Underwriting, with the ability to delegate tasks and steer team direction/goals.
- Expert understanding of regional/local Marine insurance markets and the competitor landscape.
- Well recognized relationship building with brokers at peer group level and well established within local market.
- Strong ability to assess risk, inherent exposures, and natural hazards relevant to the Marine LoB.
- Robust understanding of the policy administration life cycle, information collection, policy issuance, premium bookings, credit control, and cancellation.
- Expert understanding of the legal and regulatory framework.
- Excellent analytical skills with the ability to analyze current performance against benchmarks, considering how the market operates and functions, as well as the business and customer needs.
- Excellent communication and presentation skills, with the ability to influence others.
- Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.
- Fluency in both German and English.
Further Information:
- Starting date: immediately I Working hours: 38.5 hours per week | Location: Vienna
- Annual gross salary: from EUR 95,000 - depending on qualifications there is a willingness to overpay.
93371 | Underwriting | 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 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 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. 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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