Head of Art, Apac

**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 Head of Alternative Risk Transfer (ART), Asia Pacific, based in Singapore.

**The Impact You Will Have**

Reporting to the Regional Head of ART, based in UK, you will underwrite profitable new and renewal ART business to meet LoB targets locally/regionally. You will drive negotiation of participation, pricing and terms and conditions. You will own accounts / clients and develop and maintain strong relationships with brokers and clients.

You will be involved in training and development of team and act as a referral point for other underwriters and other LoB staff. You will also contribute to planning and strategy. You will actively guide portfolio level underwriting decisions, guide collaboration with other LoBs within the region and globally and actively contribute to Allianz Commercial Integration.

**Key Responsibilities**:
**Underwrite Profitable business**- Actively participate in underwriting strategy design including pricing, capacity utilization and portfolio management.- Underwrite new and renewal accounts to meet top and bottom-line LoB targets.- Negotiate participation, pricing and terms and conditions.- Proactively manage capacity.- Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios.- Actively guide more junior underwriters and pricing staff.

**Underwriting Approach and Compliance**- Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.- Participate in the design of those Guidelines, Rules and Principles at a regional and global level in close collaboration with the ART Regional Head.- Ensure contract certainty is achieved on all accounts at time of inception- Actively contribute to the development of pricing tools, guidelines and methods within the LoB.

**Policy Documentation and Administration**- Ensure accurate policy documentation issued to broker (where Allianz Commercial responsibility to do so) or broker has issued documentation (where broker responsibility).- Collaborate with ART Legal and others to develop new contract wording where necessary.- File maintenance - ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled.- Proactively support completion of policy administration and credit control processes.

**Support Underwriting Strategy & Leadership**- Be integral to development and execution of regional Underwriting strategy for LoB.- Training, developing and coaching of less experienced staff (including junior underwriters, actuarial, operations, credit control)- Delegate work as appropriate.- Actively promote ART LoB to other internal stakeholders.- Actively collaborate with Risk Management to aid in their understanding of risks to be taken by the LoB.

**Market Management**- Lead the acquisition of new business and retention of existing business (including client and broker negotiations where necessary)- Proactively guide MMC on market management initiatives.- Educate Distribution on capability, products and ideas and actively deliver the same to Brokers and Clients.

**Relationship Management**- Positively represent Allianz Commercial and the Allianz Brand externally to the market.- Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations- Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

**What You’ll Bring to the Role**

Key Experience / Requirements / Skills- Proven track record in Underwriting profitable ART business in LoB. Good understanding of ART LoB products and portfolio - Minimum 5 to 7 years- Proven track record in Pricing profitable business. Good understanding of Pricing products and portfolio management. - Minimum 5 to 7 years-
- Must be experienced in Parametric Products, Multi Year Multi Line Products, Funded Solutions and must demonstrate an ability to create other innovative products to address new and novel market and customer needs - Minimum 5 to 7 years- Understanding of legal and regulatory framework - Minimum 5 to 7 years- Experience working in complex, global matrix organization - Minimum 5 to 7 years

Technical Skills- Risk Assessment and Management: Proven ability to assess risk and inherent exposures and natural hazards relevant to Art LOB- Structuring: Understand complex structured transactions and with actuarial assistance develop pricing and performance models and metrics.- Negotiate with brokers and customers.- Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings- Policy Management