Head of Midcorp

Find more jobs Job Level: Management Location: Area of Expertise: Underwriting Unit: Allianz Singapore Employing Entity: Allianz Insurance Singapore Pte. Ltd Job Type: Full-Time Remote Job: Hybrid working Employment Type: Permanent ID: 73550 Position Cluster: Allianz Executive Head of Midcorp The Head of Midcorp will be tasked with developing and executing the broad strategy of Allianz’ Mid-Corp business in Asia, comprising midmarket/commercial risks across Property, Engineering, Liability, Financial lines and Marine business. The selected individual will have responsibility for taking charge of the management and further commercial growth of the portfolio, with overarching accountability for its success while maintaining strong relationships with brokers and clients alike. The Head of Midcorp will assume leadership of a team of Underwriters based in Singapore and will have oversight of existing Midcorp business in specific countries in the region. The selected individual will be responsible for further embedding the segment, active business origination within these parameters. He/she will have a profitability orientated growth mindset and is a strong internal collaborator across functions and business units as well as an energetic, driven and entrepreneurial developer, externally. The selected individual ideally has a technical foundation, derived from either underwriting or technical product line broking. Responsibilities: Manage and develop the Midcorp strategy and portfolio with a focus on growth, profitability, talent management and development and implementation of technical excellence standards. Build, develop and manage a team of highly talented market facing underwriters that will actively lead local and regional business origination for Mid-Corp and provide expert underwriting support to Allianz Insurance Singapore other distribution channels and to Allianz regional entities as required. Build and develop an active sales pipeline, with a focus on large and international brokers and drive profitable growth in the Midcorp segment Steer and manage specific regional Midcorp portfolio with the objective to maintain growth and drive profitability. Together with key internal stakeholder: Implement the relevant reinsurance strategy to maximize business origination, local retention and capital efficiency, Ensure proper management and administration of the policies sold along the insurance value chain Requirements: Ideally 10-15 years’ Technical Underwriting experience across the Property, Construction, Engineering, Liability, Marine and Financial Lines LOB Demonstrable track record of leadership, preferably within the Asia region Have built a strong level of market relationships in Singapore and in the region Strong footprint in the Southeast Asia market with excellent commercial and sales acumen Entrepreneurial and resilient mindset able to work in a fast-paced, flexible work environment Preferably has strong experience in Singapore, with some exposure to international markets Understanding of the corporate/mid-market segment is a strong added advantage and the individual ideally has a portfolio view across various lines of business Ability to express ideas and messages clearly, both written and verbally. Ability to “sell” an improvised or prepared audience winning story Ability to analyse highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire Ability to lead and manage a team of underwriters. Includes the ability to delegate tasks, steer team direction/goals, etc Any AI-future skills e.g., ChatGPT, or CoPilot 365, will be an advantage to all job roles 73550 | Underwriting | Management | Allianz Executive | Allianz Singapore | Full-Time | Permanent Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. Join us. Let's care for tomorrow.