Product Development Expert - Marine - North America

Allianz • Alpharetta, GA

4d • Hybrid

About The Position

We are looking for a Product Development Expert - Marin e - North America , based in New York , Chicago or Alpharetta. Your Team The Chief Technical Office is responsible for working with technical functions including Pricing, Product Management, Underwriting Integrity, Reinsurance, Portfolio and Accumulation Steering including Catastrophe Management, and Risk Consulting to ensure we are building Technical Excellence across our North America region, and in alignment with the overall global approach. The Impact You Will Have Reporting to the Chief Technical Officer, North America, the Product Development Expert - Marine - North America will be responsible for supporting the efforts and execution of the Product Development strategy for the North American Marine practice as led by the Managing Director, Technical Underwriter, NA in collaboration with Hub Lead Marine, NA and as supported by the Global Line of Business (LoB) Head and Global Product Development. You will support the efforts to strategically drive the innovation and execution of refreshed or new product offerings as well as customized wording for specific accounts. You will work collaboratively with Underwriting, Claims and Legal teams to create and define a market leading presence for product innovation in the Marine sector. Additionally, you will liaise with a panel of value-added service providers for Allianz Marine policyholders and support consideration and selection of new service providers or service offerings.

Requirements

• A minimum of 5 years of experience in Marine Underwriting
• A minimum of 5 years of product development experience
• Previous experience d esign ing , develop ing and implement ing consistent, robust contract wordings
• Comprehensive technical knowledge of Marine products, coverages, underwriting practices, pricing processes and sales distribution channels
• A bility to assess risk exposures and hazards relevant to Marine , as well as analyz e Marine trends and scenario plans
• Ability to a nalyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance in product wordings , including specific terms and conditions
• Experience working with international teams and remote colleagues
• Ability to analyze highly complex contracts and underwriting principles , identify ing and resolv ing issues before they transpire
• Ability to develop framework for product genesis to completion, all while communicating with key stakeholders
• Excellent verbal and written communications skills with an ability to communicate with a variety of people across the organization
• Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making
• Bachelor's Degree
• External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship.

Responsibilities

• Develop ing , implement ing , and modify ing products (Line of Business specific or cross-line ), standard wordings and coordinate product-specific organizational matters of LoB with PCs, Regions etc. , e nsur ing global knowledge sharing with regard to special products/enhancements and specific underwriting knowledge for LoB p roduct s.
• Supporting the Marine LoB internally and externally to customers, brokers, service providers, the industry, and other organizations .
• Proactively involve functional areas including other LoB teams, Claims , Legal and Distribution.
• Actively support ing LoB specific projects and task forces .
• Provid ing support for special products .
• Identify ing litigation trends, coverage trends and market developments , incl uding market potentials and clients .
• Monitor ing new (legal) developments, coordinat ing and steer in g regional/country issues (e.g. , liability and insurance law development)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees