Program Manager Global Captive Fronting, Alternative Risk Transfer

 

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 Program Manager Global Captive Fronting, Alternative Risk Transfer, based in O’Fallon, Chicago or New York

  

Your Team  

Allianz Commercial takes a unique, partnership approach to delivering Captive solutions.  Through Alternative Risk Transfer (ART), we work closely with clients and brokers to create tailored unbundled fronting solutions.  From coordinated standalone local placements to fully integrated International Insurance Programs, we adopt a modular approach to program design to ensure our Captive clients are fully covered wherever their business takes them.  Together, we deliver global service excellence, contract certainty and peace of mind in the most flexible, cost effective and efficient way – backed by the established strength and stability of the Allianz Group. 

 

The Impact You Will Have   
Reporting to the ART Head of Global Captive Fronting CEE and Service Delivery Manager, you will be responsible for the management of a portfolio of Global Captive Fronting accounts. You will act as the Subject Matter Expert for Captive fronted business and the key relationship point of contact for clients and brokers on designated accounts. You will provide technical advice with respect to Captive Fronted program structures and design to the Allianz Commercial Product Lines. You will develop new business initiatives in conjunction with Distribution Management, growing the portfolio in terms of accounts and fee income and will market the ART Captive Fronting value proposition.   
 

Some of your specific responsibilities could include: 

• Developing new business in conjunction with distribution management and LOBs. 

• Adhering to corporate compliance standards and requirements for credit risk, legal documentation, credit enhancements, deal sign off procedures, and sanctions compliance and licensing requirements. 

• Promoting and marketing the ART value proposition for fronting and structured underwriting to the market and internally within the Allianz Commercial and Allianz Group. 

• Building strong relationships with key client and broker contacts, as well as developing relationships with Allianz Commercial LOBs and the Multinational Unit. 

• Managing a portfolio of Global Captive Multinational Structured Fronting accounts, including overall responsibility for the management of the credit exposures, governance and compliance of the portfolio.  

• Delivering the agreed upon service standards, fee negotiation, account profitability and client relationship management. 

• Establishing close alignment with Allianz Commercial Multinational, ART Finance and other functions of Allianz Commercial. 

• Work closely with the Service Delivery Manager to innovate global processes. 

 

What You’ll Bring to the Role 

• A minimum of 5 years of transactional expertise in negotiating, structuring and executing complex Fronting and Multinational programs; 

• Strong Client relationship management expe