Regional Middle Market Umbrella & Excess Leader, Northeast

Please note that this position is expected to be part of the pending sale of the Allianz Commercial (MidCorp / Entertainment) business to Arch Insurance (Arch).

By the end of May (or shortly after hiring for those hired by Allianz in the latter part of May or thereafter), Arch is expected to make comparable offers of employment to the employees of the MidCorp / Entertainment business, conditioned upon, and subject to, the closing of the transaction.

The transaction is expected to close following, and subject to, the satisfaction of all applicable closing conditions, including regulatory approval of the transaction.

If an employee receives and accepts Arch's offer of employment, subject to the employee's satisfaction of the conditions to Arch's offer, the employee will commence employment with Arch at, and subject to, the close of the transaction.

At that time, the employee will be covered by Arch's benefit plans and policies.

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 Regional Middle Market Umbrella & Excess Leader, Northeast in New York

Your Team Our team is committed to growing the Middle Market Umbrella & Excess Northeast Region book with a focus on High Excess with a combination of Lead Umbrella.

You will part of a collaborative team of Underwriters, Legal, Risk Consultant, Claims and Operations staff working together to ensure that Middle Market Umbrella & Excess meets its objectives and continues to be recognized as a world-class team.

The Impact You Will Have Reporting to the Regional Head of Middle Market Umbrella & Excess, USA, you will join the team as a Regional Middle Market Umbrella & Excess Senior Leader.

You will be responsible for developing and executing the LoB local strategy and proactively support the development of the LoB strategy, managing the local LoB portfolio to ensure the Allianz Commercial LoB targets are met successfully, building a functional team and delegating underwriting authority within the USA zone.

Some of your specific responsibilities could include :

• Effectively manage and lead the Northeast Zone team to drive production and profitability for Middle Market Umbrella & Excess.
• Has accountability for the risk selection, pricing, retention, growth and profitability (per divisional objectives) decisions made by members of the underwriting team.
• Has accountability for the performance, development and coaching of staff (hiring, firing, performance management, pay increases, etc.

Ensures the department has a sufficient number of trained staff to provide necessary levels of service and achieve department performance results.

• Serves as a technical expert in and ensures staff is able to interpret and explain products, facilities, practices and services.
• Work closely with all internal stakeholders including CUO, Distribution, Claims, Finance and Actuarial to drive continuous improvements in the portfolio ensuring the business is performing as expected as well as taking appropriate remediation action if required.
• Accountable for the development of marketing plans for assigned territory, taking into consideration the strengths and weaknesses of the agents and competitors, divisional objectives and overall market conditions.

This includes developing and maintaining client relationships as well as brokers relationships for both Retail and Wholesale Brokers.

Work with other divisions and lines of businesses to drive production and cross-sell efforts.

What You'll Bring to the Role

• A minimum of 7 years of experience in Excess / Umbrella underwriting;
• Significant experience in leading and directing a team of underwriters, including the ability to delegate tasks, steer team direction / goals, within a complex global matrix environment;
• Ability to build and foster relationships internally across the organization and externally with our broker partners;
• Outstanding technical skills with ability to analyze complex data / information from multiple sources;
• Ability to express ideas and messages clearly, both written and verbally;
• Strong thought leadership skills with the ability to persuade and motivate others to act; and
• Strong solution orientation, with an entrepreneurial spirit.

The annualized base pay range for this role is $162,792 - $265,000. 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.

48228 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 401K.

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.

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Nearest Major Market : Manhattan Nearest Secondary Market : New York City