If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteria   

Cluster:  Allianz Professional

  

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 Policy Wording Specialist for our property insurance line of business.  This is a hybrid position based in the New York city office.  

Your Team  

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.

 

Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists. When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!

 

The Impact You Will Have  

Reporting to the Regional Head of Property, North America, this position will lead Policy and Reinsurance Certificate wording development in North America for our Corporate Property Line of Business with direct responsibility for:

The review and maintenance of proprietary property forms and the scripting of endorsement languages Maintaining wording libraries Supporting the implementation of technology driven policy review frameworks Coordinating with internal training resources for underwriting training specific to policy wording topics

 

Some of your specific responsibilities could include:  

Policy Form Support Review, maintain and update Allianz proprietary forms and endorsements as necessary Support UW teams in the analysis of competitor wording Perform manuscript policy form reviews and/or interpret/write new wordings in conjunction with Underwriting, Claims, and Legal. Regulatory Compliance & Filings: Working with regulatory compliance, ensure forms are updated and filed (as needed) on a timely basis to align with state regulations Keep abreast of regulatory changes that impact Property products Liaise with underwriting teams to ensure understanding and implementation of all regulatory matters as they evolve and change. Train and educate as necessary. Forms Management Systems Maintain forms libraries for all Property products Act as the Property liaison for operations and IT with respect to form rules and implementation into underwriting platforms and tools

 

What You’ll Bring to the Role –  

A minimum 3 years’ experience in Commercial Property Insurance forms.  Preferably with experience writing and/or refreshing Property Policy forms for large commercial carriers.  Strong understanding of Property Policy forms and market wordings and ability to draft endorsement language is a must. Legal background is helpful but not required.  Candidate could also have experience as a high/expert level property underwriter with experience in policy wording Working understanding of property regulatory landscape, in particular DOI compliance and filings A Bachelor’s Degree from a University or Liberal Arts College. Advanced knowledge of Excel, SharePoint, Office 365, and Word applications. Preferred: experience using AI software

 

The annualized base pay range for this role is $112,943 to $193,617. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by several 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 (AzC) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.  Learn more about us by clicking here.  

  

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic.  Diversity of thinking is an important part of our company culture.  

  

Recruitment Agencies:   
AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC does not accept unsolicited resumes from agency or search firm recruiters.  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.  

  

 #LI-NG1 #LI-Hybrid