Product Development Expert - Marine
Company: Allianz
Location: Schiller Park
Posted on: February 3, 2026
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Job Description:
The Chief Technical Office is responsible for working with
technical functions including Pricing, Product Management,
Underwriting Integrity, Reinsurance, Portfolio and Accumulation
Steering including Catastrophe Management, and Risk Consulting to
ensure we are building Technical Excellence across our North
America region, and in alignment with the overall global approach.
The Impact You Will Have Reporting to the Chief Technical Officer,
North America, the Product Development Expert – Marine – North
America will be responsible for supporting the efforts and
execution of the Product Development strategy for the North
American Marine practice as led by the Managing Director, Technical
Underwriter, NA in collaboration with Hub Lead Marine, NA and as
supported by the Global Line of Business (LoB) Head and Global
Product Development. You will support the efforts to strategically
drive the innovation and execution of refreshed or new product
offerings as well as customized wording for specific accounts. You
will work collaboratively with Underwriting, Claims and Legal teams
to create and define a market leading presence for product
innovation in the Marine sector. Additionally, you will liaise with
a panel of value-added service providers for Allianz Marine
policyholders and support consideration and selection of new
service providers or service offerings. Some of your specific
responsibilities could include: • Developing, implementing, and
modifying products (Line of Business specific or cross-line),
standard wordings and coordinate product-specific organizational
matters of LoB with PCs, Regions etc., ensuring global knowledge
sharing with regard to special products/enhancements and specific
underwriting knowledge for LoB products. • Supporting the Marine
LoB internally and externally to customers, brokers, service
providers, the industry, and other organizations. • Proactively
involve functional areas including other LoB teams, Claims, Legal
and Distribution. • Actively supporting LoB specific projects and
task forces. • Providing support for special products. •
Identifying litigation trends, coverage trends and market
developments, including market potentials and clients. • Monitoring
new (legal) developments, coordinating and steering
regional/country issues (e.g., liability and insurance law
development). What You’ll Bring to the Role • A minimum of 5 years
of experience in Marine Underwriting; • A minimum of 5 years of
product development experience; • Previous experience designing,
developing and implementing consistent, robust contract wordings; •
Comprehensive technical knowledge of Marine products, coverages,
underwriting practices, pricing processes and sales distribution
channels; • Ability to assess risk exposures and hazards relevant
to Marine, as well as analyze Marine trends and scenario plans; •
Ability to analyze current performance against various benchmarks
with a view to ensure adequate progress and satisfactory
performance in product wordings, including specific terms and
conditions; • Experience working with international teams and
remote colleagues; • Ability to analyze highly complex contracts
and underwriting principles, identifying and resolving issues
before they transpire; • Ability to develop framework for product
genesis to completion, all while communicating with key
stakeholders; • Excellent verbal and written communications skills
with an ability to communicate with a variety of people across the
organization; • Ability to utilize AI tools to support day-to-day
tasks, improve efficiency and contribute to data-driven decision
making; and • Bachelor’s Degree. External applicants must be
legally authorized to work in the United States without the need
for current or future employment-based sponsorship. We are unable
to sponsor or take over sponsorship of employment visas at this
time, nor can we guarantee future sponsorship. The annualized base
pay range for this role is $160,000 to $190,000. The annual base
salary range represents a nationwide market range. The actual
salary for this position may be above and will be determined by a
number of factors, including the scope, complexity and location of
the role, the skills, education, training, credentials and
experience of the candidate. The base pay is just one component of
the AzC total compensation package. As part of our comprehensive
compensation and highly rated benefits programs, employees are also
eligible for annual performance-based cash incentive awards.
Keywords: Allianz, Downers Grove , Product Development Expert - Marine, IT / Software / Systems , Schiller Park, Illinois
