Senior Ceded Reinsurance Manager (m/f/d) at Allianz Insurance

München, Brandenburg, Germany -

Full Time

Start Date

Immediate

Expiry Date

26 Jun, 26

Salary

0.0

Posted On

28 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Management Skills, Collaboration, Reinsurance Underwriting, Client Management, Broking, Outgoing Reinsurance, Reinsurance Protections, Reinsurance Pricing, Negotiation, Relationship Building, Stakeholder Management, Data Analysis, Project Management, Change Management, Communication, Analytical Skills

Industry

Financial Services

Description

Job purpose / role Allianz Re acts as Allianz Group's portfolio manager. Ceding reinsurance is a powerful tool to steer the magnitude and composition of our global portfolio. The Group Ceded Re Team within Allianz Re aligns the Group's risk appetite, defines and implements the Group reinsurance strategy. We use ceded reinsurance to manage exposures within the Group risk appetite and optimize the risk reward relationship. You are a senior expert in the Group Ceded Re Team who will drive the evolution of Allianz Group’s outgoing reinsurance landscape in order to enable Allianz Re to act as the portfolio manager within the Allianz Group. You will report to the Global Head of Group Ceded Reinsurance. Key responsibilities - You will be developing and structuring as well as reviewing and adjusting Allianz Group's reinsurance protections in order to match with the risk appetite. - You will be solely responsible for the placement of reinsurance protections with our reinsurance and retrocession partners. - You will develop target reinsurance pricing for outwards covers and negotiate target prices with global brokers and reinsurers. - You will be taking a lead role in building and fostering relationships to reinsurers, investors and reinsurance brokers. - You will be vital in preparing the Group Retrocession and External Reinsurance Committee including pre-alignment with other stakeholders in the Group. - Close collaboration with Allianz Re Underwriting and Client Management, Allianz Operating Entities and Allianz SE Group Centers is essential. - You will co-ordinate and facilitate the annual meetings with the global reinsurance brokers of Allianz. - You will be briefing the Allianz SE Board members as well as Allianz Re Functional Board members in advance of international reinsurance meetings (e.g. Monte Carlo, Baden-Baden). - You will manage data and conduct analyses on Group reinsurance cessions to externals and remuneration of global brokers. - You will be resolving conflicts, escalating where necessary and managing resistance. Qualification - University degree in business administration, economics or similar. - Minimum 10 years of relevant professional experience in reinsurance underwriting, client management and/or broking, ideally at least 5 years experience in outgoing reinsurance. - English fluency; good knowledge of German and additional languages are a plus - Experience with data analysis and AI tools is a plus Experience & Key skills - Strong management skills and able to collaborate across a global organization, across functions and cultures. - Enthusiastic, creative, curious to look for solutions and capable to take the lead when necessary. - In-depth experience in the re-/insurance industry domain - Proficiency in reinsurance technique incl. in-depth knowledge of reinsurance wordings - Project management skills including change management - Strong communication, facilitation and presentation skills - Strategic orientation and high level of analytical skills - Profound knowledge of cat models and ability to interprete and explain results - Consulting and diplomatic skills e.g. relationship management - Performance oriented, self-motivated individual with pro-active problem solving skills - Capability to interact with key decision makers, also on Executive Board level, and to influence them 95212 | Underwriting | Professional | | Allianz Reinsurance | 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 race, 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.

Responsibilities

The Senior Ceded Reinsurance Manager will be responsible for developing, structuring, reviewing, and adjusting the Allianz Group's reinsurance protections to align with the risk appetite, including sole responsibility for placing these protections with partners. This role also involves developing target reinsurance pricing, negotiating with brokers and reinsurers, and leading relationship building efforts with key industry stakeholders.