Senior Property CAT Risk Analyst - Property

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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 a Senior Property CAT Risk Analyst to help our underwriters with transactions, translate and understand complex CAT models, client facing, accumulation steering .  This is a hybrid position that requires some in-office working days and can be based in one of the following offices: Chicago, Illinois; New York City; or Alpharetta, Georgia.  

Your Team  

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.

 

Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.

 

When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!

 

The Impact You Will Have  

Reporting to the Regional Head of Property, this position will identify and quantify major accumulation risks (modelled and non-modelled nat cat risks) to assist in the establishment of the appropriate risk mitigation and control mechanisms for Property. The Senior Analyst role requires application of solid catastrophe modelling techniques, principles and understanding to meet team objectives and the ability to guide others in these activities. The Senior Analyst will work closely with the Product Leaders in the Region to enhance the Nat Cat Underwriting Strategy and Controls and has responsibility to develop tools which aid the Underwriting process so that Underwriters can identify the exposure for the individual risk and assess how a risk contributes to the overall portfolio and capacity steering, incl. risk visualization. Ensure tools tie in with the Authority grid and Functional Rule to support adherence. Close cooperation with the AzC Nat Cat Management team and CFO risk management to ensure Property is aligned with the overall Nat Cat and accumulation control strategy and that Property values are correctly reported and reflected. Support pricing and model development to ensure risks and values are appropriately reflected.

 

Some of your specific responsibilities could include:  

• Develop Nat Cat Underwriting tools and reports specific for Property to enable portfolio steering and to support t