ART LoB Global Head of Deal Services

Allianz; London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

Allianz is seeking a Global Head of Deal Services in London to lead transaction operations for their Alternative Risk Transfer line of business. This role involves managing a team, ensuring data integrity, and overseeing all ART LoB transactions. The ideal candidate will have extensive experience in insurance operations, strong leadership skills, and a commitment to ethical practices.

Benefits

Generous bonus scheme

Pension plan

Flexible working arrangements

Private healthcare

Career development programs

Qualifications

• Extensive expertise in traditional and non-traditional insurance sectors.
• Several years of experience in underwriting, finance, or operations.
• Strong leadership skills with full management responsibilities.

Responsibilities

• Lead a team ensuring efficient transaction operations across ART LoB.
• Maintain accurate record-keeping and implement internal controls.
• Oversee technical bookings for ART LoB globally.

Skills

Leadership

Analytical skills

Problem-solving

Communication

Negotiation

Education

Degree in Finance or Insurance

Job description

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Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow Whether it's aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for an ART LoB Global Head of Deal Services, based in London or Wallisellen.

Your Team The Alternative Risk Transfer (ART) line of business of Allianz Commercial creates innovative tailored structured insurance, captive reinsurance, and other non-traditional risk management solutions for a wide range of corporate and financial clients globally. We specialize in helping our customers mitigate their most complex risks with bespoke multi-year and multi-line agreements covering a broad range of risks, leveraging our expertise in alternative risk transfer and the global capabilities of the Allianz Group.

The Impact You Will Have As the Global Head of Deal Services, you will lead a team responsible for ensuring efficient and effective transaction operations across the ART LoB Structured Insurance, Other Retained Risk, and Strategic Fronting business segments. Your role will involve maintaining accurate record-keeping, implementing internal controls, providing underwriting support, and establishing Deal Services processes and standards. You will oversee technical bookings for ART LoB globally coordinate with local F&A functions to ensure accurate portfolio reflection. You will also be a key business owner of the ART policy data storage system, ensuring data integrity, quality, and consistency.

Some of your specific responsibilities could include:

• Supervision and management of Deal Services, including defining roles and coaching employees.

• Ensure consistency and adherence to processes in Deal Services.

• Establish effective guidelines and approaches for Deal Services teams.

• Act as business owner for Deal Services elements in ART LoB transaction systems.

• Oversee booking activities for all transactions in the ART LoB portfolio.

• Responsible for all ART LoB transaction bookings for ART AG and ART Bda via SICS. Instruct & oversee bookings for ART LoB transactions in AGR US and AGCS SE under Deal Services Responsibility.

• Develop & maintain expected overview of P&L impact for transactions under Deal Services Responsibility, including run off business. Incorporate alignment of this view with actual booked position into Quarterly Review control.

• Ensure proper governance around processes and controls within Deal Services and provide guidance to the team. Ensure strong collaboration with other functions, including Finance, supporting process and system enhancement initiatives.

• Own the Operational sign-off within the ART Lob Underwriting process and ensure close collaboration with the F&A sign-off.

• Manage and monitor transaction performance, liaising with underwriting, claims, and other functions.

What You'll Bring to the Role

• Extensive expertise in both traditional and non-traditional insurance sectors.

• Profound understanding of insurance operations and accounting practices.

• Several years of experience in underwriting, finance, or operations within the insurance industry.

• Proven experience in managing teams, with strong leadership skills and full management responsibilities.

• Strong analytical and problem-solving skills, with attention to detail and the ability to develop solutions for complex issues.

• Solid organizational skills, with a clear understanding of how deal operations interact with other functions.

• Excellent communication and negotiation skills, capable of effectively conveying ideas and messages both verbally and in writing.

• The ability to ensure ethical AI practices and stay updated with emerging AI technologies will be key to maintaining a competitive advantage.

73623 | 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 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 is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks.Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial 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 culture.

People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email [e-mail]

Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial 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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