Allianz Commercial ยท 14 hours ago
Deputy Product Development - Liability
Alpharetta, GA
Full-time
Hybrid
Senior Level
$150K/yr - $220K/yrAllianz Commercial is looking for a Deputy Product Development Liability to support the Product Development strategy for North American Liability. The role involves collaborating with various teams to drive innovation and execution of new product offerings and customizing wording for specific accounts.
Insurance
No H1B
Responsibilities
Developing, implementing and modifying products (LoB specific or cross-line) and standard wordings, and coordinate Liability product-specific organizational matters with PCs, Regions, etc
Ensuring global knowledge sharing with regard to special products/enhancements and specific underwriting knowledge for Liability Products
Developing and defining North American Product Strategy in accordance with the underwriting strategy as defined by the Regional Liability Head and as supported by the Global Liability Head
Representing CUO Liability internally and externally to customers, brokers, the industry, and other organizations
Driving involvement of functional areas (e.g., other LoB teams, Claims, Legal and Distribution)
Actively supporting Liability-specific projects and task forces
Providing support for special products
Identifying litigation trends, coverage trends, and market developments including market potentials and clients
Monitoring new (legal) developments, coordinating and steering regional/country issues (e.g., liability and insurance law development)
Making suggestions for Underwriting authorities for special products to Head of Liability and sub-Lob heads
Enhancing and refining underwriting of products during the introduction period (including claims monitoring, sales support and portfolio monitoring)
Qualification
Required
Extensive experience in drafting policy wording and experience in Liability Underwriting
Demonstrable product development track record
Ability to develop, implement and communicate strategies to address important trends or changes in the business
Comprehensive technical knowledge of Liability products, coverages, underwriting practices, pricing processes and sales distribution channels
Assist the Regional Head of Liability to analyze trends and scenario plans with respect to the Product
Design, develop and implement consistent, robust contract wordings
Ability to assess risk inherent exposures and hazards relevant to Liability
Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance in product wordings including specific terms and conditions
Ability to analyze highly complex contracts and underwriting principles, identifying and resolving issues before they transpire
Ability to develop framework from product genesis to completion while communicating with key stakeholders
Ability to develop and meet Key Performance Indicators for Product Development in connection with portfolio
Excellent verbal and writing communications skills with an ability to build and foster relationships internally across the organization
Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making
Bachelor's degree required; JD preferred
External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship
Preferred
JD preferred
Benefits
Annual performance-based cash incentive awards
Generous bonus scheme
Pension
Private healthcare
Generous parental leave benefits
Flexible working
Company
Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jennifer Partyka
Head of Cost Controlling CxO ex COO
Christina Hager
Sr. HR Business Partner
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