Cargo Underwriting Product Manager

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 a Cargo Underwriting Product Manager to steer our Cargo portfolio.  This role will work a hybrid schedule based in our New York City or Chicago office. 

Your Team  

With one of the largest, most experienced networks of cargo insurance specialists, claims experts and risk consultants in the business, AzC delivers local solutions for marine cargo risks in more than 200 countries and territories.

 

At Allianz we offer coverage for international transit, domestic transit, stock through-put, project cargo (including delay in start-up) and tailored coverages with specialized wording linked to industry segments.

 

The Impact You Will Have  

Reporting to the Head of Global Technical Office/Global Product Leader Cargo, this position will support achieving the underwriting results in defined line of business globally; including providing underwriting direction and support, as well acting as referral manager for Cargo business that exceeds local underwriting authority.

 

Some of your specific responsibilities could include:  

• Researching information on competitive trends, product line trends, producer trends, and external environment, including legal, economic, demographic and distribution trends in accordance with the underwriting strategies and regulatory environment.
• Recommending new and revised products and programs, underwriting standards and procedures, and provide guidance on pricing within the regions.
• Monitoring a consistent underwriting governance framework for the Marine as well as product result and you will develop proposals to maximize profitability, including the review of claims/large losses/trends.
• 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.
• Support the development and implementation of global MSU, UW guidelines, rules & principles, best practice processes & standards.
• Review and support referrals within area of expertise that exceed Product Lead Authority.
• Ensure appropriate training programs are implemented and maintained to develop the level of underwriting expertise needed.
• Support steering of Global Practice Group process, to drive continuous development of UW expertise through practice.
• Proactively manage and steer NatCat exposure (in liaison with CAT Risk