Head of Global Underwriting Process & Coordination
München, DE, 81737 Alpharetta, GA, US, 30022 Chicago, IL, US, 60606 New York, NY, US, 10005 Unterföhring (bei München), DE, 85774 London, GB, EC2N 3AR
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 Head of Global Underwriting Process & Coordination for our Property Team. This will be a hybrid role that can be based in London or Munich (Preferred) OR New York, Chicago, OR Alpharetta.
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 Allianz Commercial Property network.
Our experience speaks for itself, insuring the majority of Allianz Commercial Property Fortune 500 companies, managing over 1000 Allianz Commercial 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
As the Head of Global Underwriting Process & Coordination for Property, you will play a pivotal role in driving the effectiveness and efficiency of our global Line of Business processes. You will coordinate across sub-Lines of Business and Regions, ensuring alignment of underwriting frameworks, governance, and communication. You will act as the key representative on process and transformation initiatives impacting the product line, ensuring that product and regional needs are met while supporting change management and training coordination efforts.
You will navigate a complex global matrix environment during a period of significant transformation, making your leadership essential to our continued success.
Some of your specific responsibilities could include:
- UW Framework: Develop sound reporting processes to steer and further develop the Underwriting framework. Coordinate LOB Underwriting Committee and GUC submissions.
- UW Governance: Analyze Line Of Business (LOB) underwriting practices, implement and maintain the LOB Underwriting framework, and ensure adherence in close cooperation with Regional Heads, CUO Governance & Coordination, and all relevant parties. Develop and implement business review plans in conjunction with the Regions.
- Sub-LoB & Regional Coordination: Ensure alignment and communication within Chief Underwriting Office – Corporate (CUO-C) and effective, efficient communication within the international LOB community.
- Coordination with UW-Related Functions: Drive cooperation with Allianz Risk Consulting (ARC), implement Claims lessons learned, develop International Insurance Solutions for Property in conjunction with Network Management, and collaborate closely with the CUO UW Transformation team and various programs (e.g., BMP).
- Business Liaison Officer / LOB Process Representative: Drive development and implementation of LOB-specific projects. Act as the key point of contact for LOB process-related activities and projects, liaising across other LOBs to ensure collaboration and consistency.
- SOP / Process Alignment: Ensure all processes are effective, efficient, and fully documented in relevant SOPs, Process Maps, and aligned with relevant Functional Rules.
- AGCS UW Academy: Support Property sector-specific development with content and training material preparation.
What You’ll Bring to the Role
Technical Skills:
- UW Governance and Framework – ability to assess current UW frameworks, propose efficiency enhancements, and implement qualitative reporting structures
- Process Efficiency / Reengineering – ability to assess processes according to efficiency factors and implement lean structures
- Project Management – ability to drive and work in international projects
- Contract Interpretation – ability to assess wordings and derive conclusions for UW Corporate Framework
General Skills:
- Strong analytical skills with the ability to analyze highly complex data from multiple sources
- Strategic planning – ability to develop, implement, and communicate strategies addressing important business trends
- Excellent communication and presentation skills – ability to express ideas clearly and deliver audience-winning stories
- Negotiation and conflict management – ability to negotiate best positions while managing conflicting priorities
Experience Required:
- Minimum 5–7 years of significant experience in Underwriting management, organization, and/or processes management
- Minimum 5–7 years with strong understanding of relevant technical and financial analysis of industrial underwriting cases
- Minimum 7–10 years with a successful track record of leadership in direct teams or complex matrix environments
- Minimum 7–10 years of experience working internationally with strong cross-border adaptability
- Minimum 7–10 years of experience in Project Management/IT and process reengineering
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial
Education:
- Bachelors / Master's Degree in Business Administration, Economics, Finance, or comparable discipline (preferred)
Languages:
- English – Fluent (able to negotiate)
- Second language desired – Working knowledge
Key Competencies:
- Results Orientation
- Entrepreneurial Orientation
- Strategic Orientation
- Market Insight
- Driving Change & Innovation
- Customer Focus
- Driving Diversity
- Fostering Relationships
- Leading People
- Developing Capability
The annualized base pay range for this role is $125,417 - $189,483 for Chicago or Alpharetta or $144,583 - $218,467 for New York. 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.
102037 | 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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