ART LoB Global Head of Deal Services | London, UK

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

Job summary

A leading company in the insurance sector is seeking a Global Head of Deal Services to oversee transaction operations and ensure efficient processes across various business segments. The ideal candidate will have extensive experience in insurance, strong leadership skills, and a proven track record in managing teams. This role offers an opportunity to lead innovative risk management solutions and contribute to the company's strategic goals in a dynamic environment.

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 within the insurance industry.
• Proven experience in managing teams with full management responsibilities.

Responsibilities

• Lead a team responsible for transaction operations across ART LoB.
• Oversee technical bookings for ART LoB globally.
• Ensure governance around processes and controls within Deal Services.

Skills

Leadership

Analytical skills

Problem-solving

Communication

Negotiation

Job description

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 involves 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, and 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, and instruct & oversee bookings in AGR US and AGCS SE under Deal Services Responsibility.
• Develop & maintain an overview of P&L impact for transactions under Deal Services, including run-off business, and align this with actual booked positions during Quarterly Reviews.
• Ensure proper governance around processes and controls within Deal Services and provide guidance to the team. Collaborate with other functions, including Finance, to support process and system enhancements.
• Own the Operational sign-off within the ART LoB Underwriting process and collaborate closely with 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, understanding 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, recognizing the value of balancing in-person collaboration and remote work. Feel free to discuss flexible arrangements with us.

Let's care for your financial wellbeing

We believe in rewarding performance with a competitive compensation 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 mobility, we foster lifelong learning and innovation.

Let's care for life's twists and turns

Supporting flexible working, health and wellbeing initiatives, private healthcare, parental leave, and returning from career breaks.

Let's care for our society and our planet

Engagement in shaping a sustainable, inclusive future, caring for our people, industry, and clients.

Care to join us?

Allianz Commercial insures mid-sized businesses, large enterprises, and special risks, including offshore wind farms, infrastructure projects, and film productions. We provide traditional and alternative risk transfer solutions, risk consulting, and seamless claims handling. We help customers 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, welcoming applications regardless of ethnicity, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic. Diversity of thinking is valued.

People with disabilities: We want to give all candidates the best opportunity to succeed. Contact [e-mail] for adjustments during the application process.

Recruitment Agencies: We focus on sourcing candidates directly. We do not accept unsolicited resumes from agencies without an agreement. Fees are not paid unless an agreement is in place.

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