Senior Retrocession Manager (m/f/d) at Allianz SE Reinsurance Munich

<p> </p> <p> </p> <p>Job Purpose/ Role<br/> Allianz Re acts as Allianz Group's portfolio manager. Retrocession is a powerful tool to steer the magnitude and composition of our global portfolio. The Retrocession Team within Allianz Re aligns the Group's risk appetite, defines and implements the Group reinsurance strategy. We use retrocession to manage exposures within the Group risk appetite and optimize the risk reward relationship. </p> <p> </p> <p>You are a senior expert in the Retrocession team who will drive the evolution of Allianz Group’s outgoing reinsurance landscape in order to enable Allianz Re to act as the portfolio manager within the Allianz Group. You will report to the Global Head of Retrocession.</p> <p> </p> <p>Key responsibilities</p> <ul> <li>You will be developing and structuring as well as reviewing and adjusting Allianz Group's reinsurance protections in order to match with the risk appetite. </li> <li>You will be responsible for the placement of reinsurance protections with our reinsurance and retrocession partners.</li> <li>You will develop target reinsurance pricing for outwards covers and negotiate target prices with global brokers and reinsurers.</li> <li>You will be taking a lead role in building and fostering relationships to reinsurers, investors and reinsurance brokers. </li> <li>You will be vital in preparing the Group Retrocession Committee including pre-alignment with Group Risk.</li> <li>Close collabroration with Allianz Re Underwriting and Client Management, Allianz Operating Entities and Allianz SE Group Centers is essential.</li> <li>You will co-ordinate and facilitate the annual meetings with the global reinsurance brokers of Allianz.</li> <li>You will be briefing the Allianz SE Board members as well as Allianz Re Functional Board members in advance of international reinsurance meetings (e.g. Monte Carlo, Baden-Baden).</li> <li>You will manage data and conduct analyses on Group reinsurance cessions to externals and remuneration of global brokers.</li> <li>You will be resolving conflicts, escalating where necessary and managing resistance.</li> </ul> <p> </p> <p>Qualifications</p> <ul> <li>University degree in business administration, economics or similar.</li> <li>Minimum 10 years of relevant professional experience in reinsurance underwriting, client management and/or broking.</li> <li>Ideal candidate should have both underwriting experience as well as experience in outgoing reinsurance.</li> <li>English fluency; good knowledge of German and additional knowledge of French and Spanish is a plus</li> </ul> <p> </p> <p>Experience &amp; Key skills</p> <ul> <li>Strong management skills and able to collaborate across a global organization, across functions and cultures.</li> <li>Enthusiastic, creative, curious to look for solutions and capable to take the lead when necessary. </li> <li>In-depth experience in the re-/insurance industry domain</li> <li>Proficiency in reinsurance technique incl. in-depth knowledge of reinsurance wordings</li> <li>Project management skills including change management</li> <li>Strong communication, facilitation and presentation skills</li> <li>Strategic orientation and high level of analytical skills</li> <li>Consulting and diplomatic skills e.g. relationship management</li> <li>Performance oriented, self-motivated individual with pro-active problem solving skills</li> <li>Capability to interact with key decision makers, also on Executive Board level, and to influence them.</li> </ul> <p> </p> <p>39516 | Reinsurance | Management | Allianz Reinsurance | Full-Time | Permanent</p> <p> </p> <p>Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. </p> <p><br/> We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.</p> <p><br/> We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.</p> <p><br/> Join us. Let's care for tomorrow.</p> <p><br/> <em>Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.</em></p>