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, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. 

We are looking for a Portfolio Solutions Specialist to join our team. This will be a hybrid role based in O’Fallon, MO, Chicago, IL, Alpharetta, GA or New York, NY.

Your Team

Join our dynamic Portfolio Solutions team in North America, where we manage and oversee complex delegated authority portfolios across multiple lines of business. Our team partners closely with underwriting, operations, finance, legal, compliance, and reinsurance stakeholders to support the onboarding, governance, monitoring, and profitability oversight of sophisticated MGA programs.

We are focused on building scalable operational frameworks, delivering executive-level portfolio insights, and supporting the continued growth of complex delegated authority business across North America.

The Impact You Will Have

Reporting to the Regional Head of Portfolio Solutions and Delegated Authority in North America, this role will play a critical role in supporting highly complex, multi-line delegated authority programs.

This position is responsible for supporting onboarding activities, monitoring portfolio performance, managing operational timelines and governance requirements, and assisting with executive-level reporting and profitability oversight.

The ideal candidate brings strong project management capability, delegated authority experience, operational discipline, and an understanding of underwriting operations, portfolio monitoring, and risk mitigation concepts.

Some of your specific responsibilities could include

Complex Program & Portfolio Oversight

Support onboarding and ongoing management of highly complex delegated authority facilities across multiple lines of business
Coordinate timelines, deliverables, and dependencies across internal and external stakeholders
Monitor onboarding progress, operational readiness, and governance requirements for new MGA facilities
Track portfolio activity, performance metrics, and operational milestones across assigned programs

Portfolio Monitoring & Executive Reporting

Support ongoing monitoring of portfolio profitability, premium activity, claims trends, and operational performance
Assist with development of executive-level reporting and portfolio dashboards
Identify emerging concerns, operational gaps, or reporting inconsistencies and escalate appropriately

Stakeholder & Compliance Coordination

Coordinate closely with underwriting, operations, finance, legal, compliance, claims, and external
MGA partners
Drive follow-up actions and maintain accountability across multiple stakeholders
Support collection and tracking of compliance requirements, due diligence items, onboarding materials, and governance documentation

Operational Coordination

Support coordination of bordereaux submissions and operational reporting processes
Partner with operations and data teams to support booking and reporting activities
Help manage evolving operational complexities across multi-line facilities

What You’ll Bring to the Role

5–7+ years of insurance industry experience
Strong understanding of delegated authority structures and MGA/carrier relationships
Understanding of underwriting operations, portfolio monitoring, and risk mitigation concepts
Experience supporting complex, multi-line insurance programs preferred
Strong project management and organizational skills with ability to manage multiple concurrent workstreams
Ability to operate effectively in fast-paced, evolving environments with shifting priorities
Strong communication and stakeholder management skills
Experience coordinating across underwriting, operations, compliance, finance, and external partners
Strong analytical and problem-solving mindset
Excel and reporting experience preferred
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 $78,909 to $119,255 for O’Fallon, MO, $ 107,913 - $132,236 for Chicago & Alpharetta and $101,364 - $153,200 for New York. 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.

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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About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million private and corporate customers in nearly 70 countries. We are proud to be the Worldwide Insurance Partner of the Olympic & Paralympic Movements from 2021 until 2032 and to be recognized as one of the industry leaders in the Dow Jones Sustainability Index.

Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us and together, let’s care for tomorrow.

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Industry

Finance & Insurance

Company Size

10,000+ employees

Headquarters

Munich, DE

Year Founded

Unknown

Website

allianz.com

Social Media