We are looking for a Product Development Expert - Marine - North America, based in New York, Chicago or Alpharetta.
Your Team The Chief Technical Office is responsible for working with technical functions including Pricing, Product Management, Underwriting Integrity, Reinsurance, Portfolio and Accumulation Steering including Catastrophe Management, and Risk Consulting to ensure we are building Technical Excellence across our North America region, and in alignment with the overall global approach.
The Impact You Will Have Reporting to the Chief Technical Officer, North America, the Product Development Expert - Marine - North America will be responsible for supporting the efforts and execution of the Product Development strategy for the North American Marine practice as led by the Managing Director, Technical Underwriter, NA in collaboration with Hub Lead Marine, NA and as supported by the Global Line of Business (LoB) Head and Global Product Development. You will support the efforts to strategically drive the innovation and execution of refreshed or new product offerings as well as customized wording for specific accounts. You will work collaboratively with Underwriting, Claims and Legal teams to create and define a market leading presence for product innovation in the Marine sector. Additionally, you will liaise with a panel of value-added service providers for Allianz Marine policyholders and support consideration and selection of new service providers or service offerings.
Some of your specific responsibilities could include: - Developing, implementing, and modifying products (Line of Business specific or cross-line), standard wordings and coordinate product-specific organizational matters of LoB with PCs, Regions etc., ensuring global knowledge sharing with regard to special products/enhancements and specific underwriting knowledge for LoB products.
- Supporting the Marine LoB internally and externally to customers, brokers, service providers, the industry, and other organizations.
- Proactively involve functional areas including other LoB teams, Claims, Legal and Distribution.
- Actively supporting LoB specific projects and task forces.
- Providing support for special products.
- Identifying litigation trends, coverage trends and market developments, including market potentials and clients.
- Monitoring new (legal) developments, coordinating and steering regional/country issues (e.g., liability and insurance law development).
What You'll Bring to the Role - A minimum of 5 years of experience in Marine Underwriting;
- A minimum of 5 years of product development experience;
- Previous experience designing, developing and implementing consistent, robust contract wordings;
- Comprehensive technical knowledge of Marine products, coverages, underwriting practices, pricing processes and sales distribution channels;
- Ability to assess risk exposures and hazards relevant to Marine, as well as analyze Marine trends and scenario plans;
- Ability to analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance in product wordings, including specific terms and conditions;
- Experience working with international teams and remote colleagues;
- Ability to analyze highly complex contracts and underwriting principles, identifying and resolving issues before they transpire;
- Ability to develop framework for product genesis to completion, all while communicating with key stakeholders;
- Excellent verbal and written communications skills with an ability to communicate with a variety of people across the organization;
- Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making; and
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 $160,000 to $190,000. 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.
88846 | Product Management | 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
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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