At a Glance
- Tasks: Lead portfolio risk assessment and underwriting for diverse business lines.
- Company: Join Allianz Commercial, a diverse and inclusive employer.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Work with cutting-edge AI tools to enhance decision-making and efficiency.
- Why this job: Make a real impact in a collaborative team focused on profitable growth.
- Qualifications: 5-10+ years in underwriting or portfolio management with strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. We are looking for a Portfolio Solutions Risk Lead to join our Team. This will be a hybrid role based in O'Fallon, Chicago, Alpharetta, or New York.
Your Team
Be part of our Portfolio Solutions team in North America, where we focus on evaluating, structuring, and managing delegated authority and program business across multiple lines of business. Our team thrives on collaboration, analytical excellence, and disciplined portfolio underwriting to drive profitable growth.
The Impact You Will Have
Reporting to the Regional Head of Portfolio Solutions and Delegated Authority in North America, the Portfolio Solutions Underwriter will play a key role in supporting profitable growth through disciplined underwriting, analytical assessment, and effective collaboration across underwriting, actuarial, distribution, claims, finance, and operations teams. This role requires a strong portfolio mindset with the ability to evaluate multi-line business, assess performance trends, and support strategic underwriting decisions across complex delegated authority portfolios.
Some of your specific responsibilities could include:
- Portfolio Underwriting and Risk Assessment
- Evaluate delegated authority portfolios across multiple lines of business, including property, casualty, and specialty
- Analyze exposure data, historical performance, and loss trends to assess portfolio quality and performance
- Assess underwriting strategy, controls, and consistency within each program
- Evaluate business at both individual program and broader portfolio levels
- Deal Evaluation and Structuring
- Support evaluation and structuring of delegated authority and program business opportunities
- Assess participation strategies, underwriting considerations, and portfolio fit
- Partner with actuarial and modeling teams to evaluate pricing adequacy and expected performance
- Provide underwriting recommendations aligned with risk appetite and profitability objectives
- Stakeholder Engagement
- Work with brokers, program administrators, MGAs, and underwriting teams to assess opportunities
- Participate in deal discussions and negotiations
- Collaborate across underwriting, actuarial, finance, claims, operations, and governance teams
What You'll Bring to the Role
- 5-10+ years of underwriting, delegated authority, program, or portfolio management experience across multiple lines of business
- Strong analytical and portfolio management skills with the ability to evaluate business performance and volatility trends
- Experience working with delegated authority structures, program business, or complex multi-line portfolios
- Strong underwriting judgment and commercial acumen
- Ability to influence and collaborate with internal and external stakeholders
- Ability to utilize AI tools to support day-to-day tasks, improve efficiency, and contribute to data-driven decision-making.
The annualized base pay range for this role is $97,739 to $147,652 for O'Fallon, MO, $107,913 - $163,096 for Chicago.
Portfolio Solutions Risk Lead employer: Allianz Commercial
Allianz Commercial is an exceptional employer that champions inclusivity and diversity, making it a welcoming workplace for all, including members of the LGBTQ+ community. With a strong focus on collaboration and analytical excellence, employees are encouraged to grow their skills in a supportive environment while contributing to meaningful projects that drive profitable growth. The hybrid work model across vibrant locations like O'Fallon, Chicago, Alpharetta, and New York offers flexibility and a dynamic work culture, ensuring that every team member can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Solutions Risk Lead
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and portfolio management experience. We want to see how you can bring value to their team, so share specific examples of your past successes!
✨Be Ready for the Interview
Prepare for those interviews by researching the company and understanding their portfolio solutions. We recommend practising common interview questions and having a few questions of your own ready to show your interest and engagement.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and take the initiative to connect with us directly.
We think you need these skills to ace Portfolio Solutions Risk Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Portfolio Solutions Risk Lead role. Highlight your experience in underwriting and portfolio management, and don’t forget to showcase your analytical skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that align with the job description. Remember, we love collaboration and analytical excellence!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use quantifiable achievements to show how you've successfully evaluated portfolios or influenced stakeholders in the past. This will help us see your potential impact on our team.
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’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Allianz Commercial
✨Know Your Portfolio Inside Out
Before the interview, dive deep into your own portfolio experience. Be ready to discuss specific examples of how you've evaluated and managed multi-line business portfolios. This will show your analytical skills and understanding of the role.
✨Brush Up on Delegated Authority Structures
Make sure you understand the ins and outs of delegated authority and program business. Prepare to discuss how you've previously assessed participation strategies and underwriting considerations, as this is crucial for the Portfolio Solutions Risk Lead position.
✨Showcase Your Collaboration Skills
This role requires a lot of teamwork, so be prepared to share examples of how you've successfully collaborated with various stakeholders like brokers, actuaries, and finance teams. Highlighting your ability to influence and engage others will set you apart.
✨Get Familiar with AI Tools
Since the job mentions using AI tools for efficiency, it’s a good idea to brush up on any relevant technologies you've used. Be ready to discuss how these tools have helped you in decision-making and improving processes in your previous roles.
