Product Leader, Wording Governance

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 a Product Leader, Wording Governance, based in London.
 
Your Team 
Our diverse team is spread over several locations including London, Paris and the US. We are committed to delivering best in class insurance product governance including a brand new AI powered policy review tool for underwriting (WIT), which we are rolling out globally to all lines of business.

 

Your main stakeholders, beside your manager, are your team colleagues and the regional and local heads of Property and Natural Resources & Construction (NR&C). As an expert, you will be in close cooperation with the business worldwide and with our AI vendor to share best practice and to ensure a successful implementation of our product strategy. 

 

The Impact You Will Have 
Reporting to the Head of Product Governance, the Product Leader, Wording Governance is responsible for supporting the development and execution of the Global Product Governance & Architecture (PGA) strategy, including but not limited to: driving the roll out of WIT in Property and NR&C ; coordinate the building and ongoing maintenance of the new digital Clause Libraries in Property and NR&C ; as well as acting as an integral part of the PGA team in its core functions of: driving wording best practice, product simplification, digitalisation and alignment cross Lines of Business (Lob).

 

Some of your specific responsibilities could include:

·  Drive and manage the roll out of WIT within Property and NR&C LoBs globally, managing the list of clauses to train the AI and ensuring alignment with Master Product Elements.
·  Coordinate the building and ongoing maintenance of the digital Wording/Clause Library within WIT; ensure wordings/clauses are up to date, appropriate and conform to best practice.
·  Act as point of contact for LoB Leadership and Underwriters for any wording/clause library related questions incl. training material and sessions while ensuring all relevant policy documents are collected and stored centrally.
·  Support with Governance of WIT, including collating required and requested changes
·  Assist with the roll out and supervision of the new global Wording Governance cross LoB
·  Support with general Wording and Product Governance tasks (e.g. Functional Rules, regulatory Product Reviews, compliance requests etc)

What You’ll Bring to the Role

·  Degree in Business Administration, Economics, Law, or comparable discipline
·  Completion of professional insurance qualifcation (e.g. CII/CPCU etc)
·  Technical knowledge of insruance products, coverages and multinational programmes
·  Experience of digitalisation of contract wordings or working with digital contracts
·  Technical knowledge of wording drafting and interpretation gained in product development, claims or legal role
·  Proven technical expert in insurance wordings and coverage
·  In depth knowledge of policy wordings, including multinational programmes
·  Legal and Regulatory: knowledge of local laws, regulation, and issues relating to industrial insurance products
·  Ability to analyze data; identify and resolve issues before they transpire, ability to quickly identify guiding principles in complex scenarios
·  Skilled to express ideas and messages clearly, both written and verbally to "sell" an improvised or prepared audience a winning story
·  Confident and passionate and able to present on Senior Level
·  Fluent English skills

 

56407 | Product Management | Professional | 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 Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.  
 

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium. 
 

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 agcsglobalcareers@allianz.com
 

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.