Product Development Expert - Marine - North America
AllianzAbout the role
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, 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 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:
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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.
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Supporting the Marine LoB internally and externally to customers, brokers, service providers, the industry, and other organizations.
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Proactively involve functional areas including other LoB teams, Claims, Legal and Distribution.
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Actively supporting LoB specific projects and task forces.
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Providing support for special products.
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Identifying litigation trends, coverage trends and market developments, including market potentials and clients.
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Monitoring new (legal) developments, coordinating and steering regional/country issues (e.g.,
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