Job Description

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 Global Head of Political Violence and Terrorism. 

Your Team

The Political Violence and Terrorism team at Allianz Commercial, is a specialist unit that provides expert risk assessment, underwriting, and insurance solutions for businesses exposed to political violence, terrorism, civil unrest, and war perils globally. The team offers comprehensive coverage including standalone terrorism and sabotage insurance, strikes, riots and civil commotion (SRCC) insurance, and full political violence policies covering war on land, civil war, political subversion, and political intimidation. Operating across more than 200 countries and territories through the Allianz Group network, the team delivers bespoke solutions — including property damage, business interruption, contingent business interruption, denial of access, event cancellation, and third-party terrorism liability — tailored to each client's unique risk footprint rather than a "one size fits all" approach. The team also provides market-leading risk consulting, including analysis of geopolitical trends, social resilience, and emerging threats such as gray-zone sabotage, drone incursions, and lone-wolf terrorism, helping clients safeguard their people, property, and operations in an increasingly volatile world.

The Impact You Will Have

As the Head of Global Political Violence and Hostile Environment Solutions across Large Corp and Mid Corp across all regions you will have responsibility to lead Allianz's PVT offering to the market and provide a clear point of contact and escalation for the Line of Business. You will have ownership of the PVT LOB and P&L responsibility, overseeing strategy across all segments and of the Centre of Competence for all short tail lines relating to PVT globally across Large Corp & Mid Corp.

Some of your specific responsibilities could include: 

Underwriting Strategy & Team Management

• Take major role in setting Global LoB strategy.
• Align strategic objectives with other functions in the OE (Distribution, Actuarial, Claims, Reinsurance, etc.)
• Independently design and present to Global Head the annual strategy for AGCS Stand-alone PVT underwriting, fully aligned with the Global LoB strategy across Large Corp and Mid Corp
• Execute on the strategic targets. Build, develop and retain respective Global PC team in cooperation with Regional LoB Head
• Drive the LoB AGCS UW Academy organisation and other trainings, develop content for them as needed
• Direct and/or Matrix management of Regional PVT LoB heads (depending on local structures) and other team members across AGCS and OEs, as assigned by Global Head of Property

Steering and Controlling

• Full ownership of respective Global PC including respective planning, budgeting and monitoring in close coordination with Regional LoB Heads and CUO Global Business Analysis, (i.e. Portfolio Steering & Pricing). Oversee the P&L of the Global Cyber PVT ensuring profitability is maintained over the cycle. Identify and monitor PC specific claims developments and trends
• Design and execute on feedback loop between Claims, Risk Consulting and Global Underwriting strategy. Support the PC specific corporate underwriting: business appetite definition, authority proposal, implementation of UW framework, ensure adherence to UW framework in close cooperation with CUO Global Business Analysis (i.e. Global Process Coordination)

Representation and Client relationship management

• Identification of trends, market developments, market claims, market potentials and clients in close coordination with Regional PVT Head and respective PC Leaders of other LoBs
• Provide acquisition support (including direct client, broker negotiations, PC specific presentations at broker events)
• Building and maintaining relationship with global leadership of PVT function at major broking partners

UW Approach and Compliance

• PC specific corporate underwriting: business appetite definition, authority approvals, implementation of UW framework, ensure adherence to UW framework in close cooperation with CUO Global Business Analysis (i.e. Global Process Coordination).
• CUO LoB referral responsibility for respective PC. Oversight over LoB's Business
• Review process in cooperation with Global Process Coordination.
• Facilitating regional exchange between regions with regards to the respective PC as well as build, facilitate and multiple PC specific knowledge in all regions.

Coordination and Collaboration

• Drive and facilitate PC specific internal and external communication in close cooperation with all relevant parties.
• Facilitation of regular regional exchange between the Regions with regards to the respective PC; build, facilitate and multiply PC specific knowledge within all Regions.
• Drive and facilitate collaborative efforts with other LoBs in AGCS and across OEs to identify potential cooperation projects and aligned business targets and execute on them.
• Advise, consult and collaborate in Allianz Group Cyber projects, including external engagements, partnerships, marketing, investments, public policy consultation, regulatory enquiries, etc.

Product Development

• Drive from underwriting side the PC specific pricing, tools, processes and organisational matters. Drive product development/product enhancements for PC including cross LoB products, identify market/clients needs and trends.
• Ensure global product roll-out for PC. Awareness and responsive to market events and emerging trends within the LoB.

What You’ll Bring to the Role

• A deep knowledge of PVT and Hostile Environment insurance products across global markets
• Expert understanding of global LoB insurance markets and competitor landscape. Expert understanding of legal and regulatory framework.
• Well recognized relationship building with brokers at peer group level and well established within local market.
• Significant experience in leadership and development of direct teams internationally and within complex global matrix environments.
• Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
• Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story. Ability to persuade and motivate others to act, without executive authority.
• Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
• Ability to lead and manage a team of underwriters. Includes the ability to delegate tasks, steer team direction/goals, etc.
• A deep knowledge of artificial intelligence (AI) and machine learning (ML), with the ability to leverage AI-drive insights to shape strategic decisions and drive innovation across the organization

For Germany, the base salary range for this position is between 98.000 EUR - 130.000 EUR. The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role,
• the applicant's own profile including education/qualifications, expertise, specialization, skills and experience.

The annualized amount represents a market range and will also be determined by the location of the role. In the situation where you do not meet all the job requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, we offer an attractive performance-based variable component based on location specific regulations, and you may be eligible for additional benefits.

The annualized base pay range for this role is $207,926 - $ 314,22 for New York, NY and 179,704 - $ 271,570 for Chicago, IL or Alpharetta, GA . The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

103051 | Underwriting | Management | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

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.

Let’s care for our society and our planet

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.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here

Learn more about Allianz Commercial by clicking here

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of race, 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.

Join us. Let's care for tomorrow.

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

Recruitment Agencies:

Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm.Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

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