Product Development Expert - Construction Property - North America

Overview

Product Development Expert – Construction Property – North America, based in New York, Chicago, Alpharetta, Houston or Toronto.

What You'll Do

Reporting to the Chief Technical Officer, North America, the Product Development Expert – Construction Property – North America will be responsible for supporting the efforts and execution of the Product Development strategy for the North American Constructions Property practice as led by the Managing Director, Technical Underwriter, NA in collaboration with Hub Lead Construction, NA and as supported by the Global 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 Construction sector. Additionally, you will liaise with a panel of value-added service providers for Allianz Construction policyholders and support consideration and selection of new service providers or service offerings.

• Developing, implementing, and modifying products (Line of Business specific or cross-line), standard wordings and coordinate product-specific organizational matters of LoB with PCs, Regions etc., ensuring global knowledge sharing with regard to special products / enhancements and specific underwriting knowledge for LoB products.
• Developing and defining North American Product and Services Strategy in accordance with the underwriting strategy as defined by the Regional LoB Head as supported by the Global LoB Head.
• Representing the Construction LoB internally and externally to customers, brokers, service providers, the industry, and other organizations.
• Driving involvement of functional areas including other LoB teams, Claims, Legal and Market Management.
• Actively supporting LoB specific projects and task forces.
• Providing support for special products.
• Identifying litigation trends, coverage trends and market developments, including market potentials and clients.
• Monitoring new (legal) developments, coordinating and steering regional / country issues (e.g., liability and insurance law development).
• Making suggestions for underwriting authorities for special products to the Managing Director and Hub Construction Lead.
• Enhancing and refining underwriting of products during the introduction period (including claims monitoring, sales support and portfolio monitoring).

What You'll Bring To The Role

What's in it for you?

Allianz is an equal opportunity employer. Diversity of thinking is an important part of our culture. If you need any adjustments to be made during the application and selection process, please email Allianz Commercialglobalcareers@allianz.com.

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