Portfolio Manager Workers Accidents Insurance(WAC)

Allianz; Brussel Hoofdstad; On-site; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Allianz P&C Academy training

Fringe benefits package

International exposure

Job summary

Allianz Belgium invites applications for a Portfolio Manager specialized in Workers Accidents (WAC) within the Benelux Steering department in Brussels. You will lead the WAC portfolio, set underwriting guidelines, and collaborate with underwriting and reinsurance teams, while engaging with multiple internal and external stakeholders.

You will contribute to technical product and pricing development, monitor macroeconomic trends, and leverage Allianz training to grow professionally in an

Qualifications

• Master in economics/business orientation.
• Proven track record in underwriting in Workers' Accidents or portfolio steering.
• Some project management experience leading large initiatives.
• Fluent in English; Dutch and/or French is a nice asset.

Responsibilities

• Lead, steer, monitor and control the WAC portfolio to achieve profitable growth.
• Develop underwriting strategy and guidelines for WAC; collaborate with underwriting.
• Manage exceptional underwriting referrals with SME/MidCorp underwriters.
• Define and execute technical product and pricing development for the WAC proposition.
• Track macroeconomic developments and translate to portfolio management.
• Engage with multiple Allianz Belgium departments and external groups.

Skills

Project management

Portfolio steering

Relationship management

English fluency

Education

Master in economics/business orientation

Tools

Excel

Dashboarding

AI basics

Job description

Within our Benelux Steering department, we are currently looking for a Portfolio Manager specialized in the Workers Accidents (WAC) line of Business for Belgium. Are you up for an exciting challenge? We are looking for someone who can take our P&C SME and MidCorp (larger commercial risks) to new heights of technical excellence.

In this role, you will have the opportunity to define and execute action plans that align with Allianz Rules for Technical Management in P&C and contribute to our cutting-edge MidCorp upgrade initiatives.

What do we have to offer?

• A full-time challenging role in an international landscape based in Brussels;
• Working in a dynamic environment at Allianz, world leader in insurances;
• An engaging and diverse team with an international exposure;
• A role with a nice variety of tasks: from project management to the management of your portfolio, following up on underwriting guidelines;
• Extensive training opportunities, including the Allianz P&C Academy, allowing you to continuously sharpen your technical and personal skills;
• Development opportunities and a nice salary package supplemented with fringe benefits.

This role will give you the opportunity to:

• Lead, steer, monitor and control the P&C workers accident portfolio to ensure achievement of profitable growth according to plan and within preferred risk segments. Ensure compliance with all relevant Group standards (ASU, Allianz Rules for Technical Management in P/C, ...).
• Develop the underwriting strategy and guidelines for his assigned Line of Business and collaborate with Underwriting to implement and execute it.
• Manage the exceptional UW referrals excluded by the perimeter of the SME and Midcorp Underwriters.
• Define and execute the technical product and pricing development to support the full WAC proposition, in collaboration with other stakeholders.
• Track all macro economic developments (like eg inflation) and translate this into proper portfolio management

Your main responsibilities will be:

• You’ll be responsible for your portfolio steering and monitoring: control portfolio to drive achievement of financial targets (e.g. combined ratio and operating profit).
• Defines the underwriting strategy to drive profitable growth and ensure the strategy is faithfully executed.
• Identify market opportunities, including potential markets, target risk segments and clients, in liaison with other functions.
• Conduct Underwriting File Reviews and execute the exceptional underwriting within the assigned authorization, including facultative reinsurance needs in collaboration with Reinsurance Department.
• You will also be in contact with several departments within Allianz Belgium, therefore relationship management is key like participating proactively in local, regional & Group projects and representing Technical P&C Midcorp within AZ Belgium, and externally to specific insurance association workgroups.

Let’s do the match?

• You’re holding a Master in an economics/business orientation? Check!
• Proven track record in an Underwriter position in the Workers Accidents area or in Portfolio steering? Check!
• Some Project management skills or already lead and steer projects within a large organization? Check!
• You’re fluent in English? Check!
• Knowledge of Dutch and/or French is a nice asset!
• You feel comfortable with initial experience in AI , Excel, dashboarding and working with figures? Check!
• You don’t shy away from discussion and succeed in convincing and challenging all relevant stakeholders? Check! Double check!

Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer.

We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

We therefore welcome applications regardless of 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.