Global Head of Underwriting Integrity and Solutions

Allianz; Greater London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading insurance company is seeking a Global Head of Underwriting Integrity and Solutions based in London. This role requires a senior professional with over 10 years of global underwriting experience, including at least 5 years as a transactional underwriter. The successful candidate will be responsible for ensuring effective governance and risk management within the organization, leading a diverse team, and optimizing portfolio performance. This position offers a significant opportunity for impact within the commercial insurance industry, requiring strong leadership and change management skills.

Qualifications

• 10+ years in global and commercial underwriting experience in a large insurance company.
• 5+ years as a transactional underwriter with profound understanding of underwriting governance.
• Exceptional analytical and problem-solving skills with data-driven decision-making.

Responsibilities

• Lead and grow a diverse team of underwriting experts.
• Ensure effective underwriting governance and risk management across Allianz Commercial.
• Develop and implement underwriting policies and guidelines aligned with organizational goals.

Skills

Global underwriting experience

Advanced technical underwriting skills

Relationship-building skills

Change management

Conflict management

Knowledge of AI and ML

Job description

We are looking for a Global Head of Underwriting Integrity and Solutions, based in Munich (Germany) or London (UK).

Your Team

The Global Underwriting Integrity and Solutions team is committed to Underwriting excellence, ensuring compliance, and mitigating risks. Through collaboration, expertise, and continuous learning, we drive positive change, streamline Underwriting processes, and uphold the highest standards of Underwriting governance.

Allianz Commercial

Allianz Commercial is a trusted partner for a wide range of tailored commercial and specialty insurance solutions designed to protect MidCorp, Specialty and LargeCorp businesses. Formerly known as "AGCS" in the market, this new franchise is Allianz Group's integrated global model for serving the Commercial Property & Casualty insurance segment.

The Impact You Will Have

Reporting directly to the Chief Underwriting Officer (Board Member), you will define, implement and ensure a robust governance framework, guaranteeing adherence to established standards, and maintaining control over end-to-end processes. Leading a global team, you will drive excellence and efficiency in this key area of our business within CUO, representing and supporting all Global LOBs. This is an exciting opportunity to make a significant impact and contribute to our success in the commercial insurance industry.

This role ensures that a holistic and effective Underwriting governance framework is in place and adhered to globally throughout Allianz Commercial in close alignment with Allianz Group (including effective controls like Business reviews incl. a holistic follow-up on findings and the built up of a solid Facility Governance framework). This includes the integration of MidCorp and Large Corp Governance to allow for a holistic steering and management of commercial business in Allianz Commercial. Additionally, this role is in charge of the Underwriting Academy which provides technical trainings to all Underwriters across Allianz Commercial.

Given the significance of our ongoing transformation and the seniority of the stakeholders involved, this role requires seniority and expertise in Underwriting processes. You will contribute to the successful integration of the Underwriting governance structure in a friendly, professional, and collaborative manner.

Some of your specific responsibilities could include:

• Leading, motivating, and growing a diverse team of experts; federating internal stakeholders towards a common goal.
• Ensuring effective Underwriting governance and risk management within Allianz Commercial e.g., ensuring compliance with internal policies, industry regulations, and legal requirements, while implementing robust Underwriting risk management practices.
• Developing and implementing underwriting policies and guidelines that align with the organization's goals and risk appetite, as well as continuously reviewing and updating policies to reflect changes in regulation, industry best practices and emerging risk.
• Representing and supporting CUO (incl. all Global LoBs) within all internal and external Underwriting governance and Underwriting compliance related tasks and topics, including delegated authority business.
• Enabling the integration of MidCorp and LargeCorp Governance to allow for a holistic steering and management of commercial business in Allianz Commercial.
• Optimizing portfolio performance, enhance process efficiency, and provide leadership in developing Underwriting policies and strategies.
• Lead the Underwriting academy to provide relevant trainings to the full underwriting community which enables the Global UW strategy and technical excellence.

What You'll Bring to the Role

• Extensive global and commercial underwriting experience (10+ years) in a large insurance company, including 5+ years as a transactional underwriter. Profound understanding of underwriting governance, especially for complex international portfolios.
• Advanced technical underwriting skills to break down complex problems, determine optimal solutions, and drive implementation. Exceptional analytical and problem-solving skills, with data-driven decision-making and intermediate proficiency in AI.
• Strong relationship-building skills with stakeholders across the Group and industry, fostering collaboration and driving results. Close collaboration with CUO and other CxO functions globally and regionally. Commendable experience in bringing people together cross-functionally to achieve and implement results.
• Proactive in initiating and driving change, fostering a culture of continuous improvement and innovation. Passionate about leading change during significant growth and transformation, despite uncertainty and ambiguity.
• Expertise in conflict management, arbitrage, and independent decision-making. Strong fact-based decisiveness to swiftly and effectively resolve issues.
• A deep knowledge of artificial intelligence (AI) and machine learning (ML), with the ability to leverage AI-driven insights to shape strategic decisions and drive innovation across the organization.