At a Glance
- Tasks: Lead a global team to ensure underwriting excellence and compliance.
- Company: Join Allianz Commercial, a leader in tailored insurance solutions.
- Benefits: Enjoy a hybrid working model, competitive pay, and lifelong learning opportunities.
- Why this job: Make a significant impact in the commercial insurance industry while driving innovation.
- Qualifications: 10+ years of underwriting experience and strong leadership skills required.
- Other info: Inclusive environment with flexible working arrangements and a focus on employee wellbeing.
The predicted salary is between 72000 - 108000 ÂŁ per year.
We are looking for a Global Head of Underwriting Integrity and Solutions, based in Munich (Germany) or London (UK).
Your Team
The Global Underwriting Integrity and Solutions team is committed to underwriting excellence, ensuring compliance, and mitigating risks. Through collaboration, expertise, and continuous learning, we drive positive change, streamline underwriting processes, and uphold the highest standards of underwriting governance.
Allianz Commercial is a trusted partner for a wide range of tailored commercial and specialty insurance solutions designed to protect MidCorp, Specialty and LargeCorp businesses. Formerly known as “AGCS” in the market, this new franchise is Allianz Group’s integrated global model for serving the Commercial Property & Casualty insurance segment.
The Impact You Will Have
Reporting directly to the Chief Underwriting Officer (Board Member), you will define, implement and ensure a robust governance framework, guaranteeing adherence to established standards, and maintaining control over end‑to‑end processes. Leading a global team, you will drive excellence and efficiency in this key area of our business within CUO, representing and supporting all Global LOBs. This role ensures that a holistic and effective underwriting governance framework is in place and adhered to globally throughout Allianz Commercial in close alignment with Allianz Group.
This includes the integration of MidCorp and Large Corp Governance to allow for a holistic steering and management of commercial business in Allianz Commercial. Additionally, this role is in charge of the Underwriting Academy which provides technical trainings to all Underwriters across Allianz Commercial. Given the significance of our ongoing transformation and the seniority of the stakeholders involved, this role requires seniority and expertise in underwriting processes. You will contribute to the successful integration of the underwriting governance structure in a friendly, professional, and collaborative manner.
Responsibilities
- Leading, motivating, and growing a diverse team of experts; federating internal stakeholders towards a common goal.
- Ensuring effective underwriting governance and risk management within Allianz Commercial, for example ensuring compliance with internal policies, industry regulations and legal requirements while implementing robust underwriting risk‑management practices.
- Developing and implementing underwriting policies and guidelines that align with the organisation’s goals and risk appetite, continuously reviewing and updating policies to reflect changes in regulation, industry best practices and emerging risk.
- Representing and supporting CUO (including all Global LOBs) within all internal and external underwriting governance and compliance‑related tasks and topics, including delegated authority business.
- Enabling the integration of MidCorp and LargeCorp Governance to allow for a holistic steering and management of commercial business in Allianz Commercial.
- Optimising portfolio performance, enhancing process efficiency, and providing leadership in developing underwriting policies and strategies.
- Leading the Underwriting Academy to provide relevant training to the full underwriting community, enabling the global underwriting strategy and technical excellence.
Qualifications
- Extensive global and commercial underwriting experience (10+ years) in a large insurance company, including 5+ years as a transactional underwriter.
- Profound understanding of underwriting governance, especially for complex international portfolios.
- Advanced technical underwriting skills to break down complex problems, determine optimal solutions, and drive implementation.
- Exceptional analytical and problem‑solving skills, with data‑driven decision‑making and intermediate proficiency in AI.
- Strong relationship‑building skills with stakeholders across the Group and industry, fostering collaboration and driving results.
- Close collaboration with CUO and other CxO functions globally and regionally.
- Commendable experience in bringing people together cross‑functionally to achieve and implement results.
- Proactive in initiating and driving change, fostering a culture of continuous improvement and innovation.
- Passionate about leading change during significant growth and transformation, despite uncertainty and ambiguity.
- Expertise in conflict management, arbitrage, and independent decision‑making.
- Strong fact‑based decisiveness to swiftly and effectively resolve issues.
- A deep knowledge of artificial intelligence (AI) and machine learning (ML), with the ability to leverage AI‑driven insights to shape strategic decisions and drive innovation across the organisation.
Benefits
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognises the value of striking a balance between in‑person collaboration and remote working. Please feel free to discuss flexible working arrangements with us. We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. From career development and digital learning programmes to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We’ve got your back. With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
People With Disabilities
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com.
Equal Opportunity
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Global Head of Underwriting Integrity and Solutions employer: Allianz Commercial
Contact Detail:
Allianz Commercial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Head of Underwriting Integrity and Solutions
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Allianz or similar companies. A friendly chat can open doors and give you insights that might just help you land that Global Head of Underwriting Integrity and Solutions role.
✨Tip Number 2
Prepare for interviews by diving deep into Allianz's values and recent projects. Show us that you’re not just another candidate; demonstrate how your experience aligns with our commitment to underwriting excellence and compliance. Tailor your responses to reflect our goals!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, shoot a quick thank-you email to express your appreciation. It’s a simple gesture that keeps you on our radar and shows your enthusiasm for the position.
✨Tip Number 4
Check out our website for any upcoming events or webinars related to underwriting and insurance. Engaging in these activities not only boosts your knowledge but also helps you connect with key players in the industry. Plus, it shows us you’re proactive!
We think you need these skills to ace Global Head of Underwriting Integrity and Solutions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Global Head of Underwriting Integrity and Solutions. Highlight your extensive underwriting experience and any leadership roles you've held. We want to see how your skills align with our commitment to underwriting excellence!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting governance and how you can drive positive change at Allianz Commercial. We love seeing genuine enthusiasm for the role!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples to demonstrate how you've improved processes or led teams in previous roles. We’re all about results, so let us know how you’ve made an impact!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Allianz Commercial
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially regarding governance and risk management. Be prepared to discuss how you've implemented policies in the past and how they align with organisational goals.
✨Showcase Your Leadership Skills
As a Global Head, you'll need to lead a diverse team. Think of examples where you've motivated and grown teams, and be ready to share how you foster collaboration among stakeholders to achieve common goals.
✨Be Data-Driven
Given the emphasis on analytical skills, come prepared with examples of how you've used data to drive decision-making. Highlight any experience you have with AI and machine learning, as this will be crucial for shaping strategic decisions.
✨Prepare for Change Management Questions
Expect questions about how you've initiated and driven change in previous roles. Be ready to discuss your approach to conflict management and how you've navigated uncertainty while leading transformation efforts.