Underwriting Practice Leader - Marine

If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteria   

Cluster:  Allianz Professional

  

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.

 

We are looking for an Underwriting Practice Leader for our Marine line of business. This position will be remote and we would prefer candidates reside in New York or in one of the Northeast United States.

Your Team  

The Global Technical Office Team houses Allianz Commercial (AzC) chief underwriting office, comprised of an ocean cargo, inland marine, and hull line of business. We’re one of the market leaders for marine insurance. Would you like to join a highly successful team that has grown the marine business in the current market and produced strong financial results?

 

The Impact You Will Have  

Reporting to the Global Product Leader – Cargo, the Underwriting Practice Leader is responsible for the underwriting results in defined line of business for the Region; including setting underwriting authority, managing underwriters in a matrix environment, providing underwriting direction and support, as well acting as referral manager for business that exceeds local underwriting authority.

 

Some of your specific responsibilities could include:  

• Research information on competitive trends, product line trends, producer trends and external environment, including legal, economic, demographic and distribution trends. Recommend new and revised products and programs, underwriting standards and procedures, and provide guidance on pricing within the regions. Monitor product result and develops proposals to maximize profitability, including the review of claims/large losses/trends.
• Monitor a consistent underwriting governance framework for the LoB. Drive implementation of underwriting guidelines, rules and principles, conditions, pricing tools and best practice processes and standards. Complete business reviews to ensure quality of execution of local underwriting.
• Review and support referrals within area of expertise that exceed regional underwriting authority. Identify, develop and implement underwriting policy, procedural and program changes in accordance with the underwriting strategies and regulatory environment. Ensure appropriate training programs are implemented and maintained to develop the level of underwriting expertise needed.
• Proactively manage and steer NatCat exposure (in liaison with CAT Risk Management and NCCSD). Compilation of AzC global portfolio data for reinsurance purchase and exposure modelling. Proactively manage underwriting treaty portfolio (in liaison with Reinsurance).
• Qualitative analysis, management of LoB portfolio incl. profitability analysis (e. g. trades, distri