Senior Claims Analyst - Alternative Risk Transfer (m / f / d)

Senior Claims Analyst - Alternative Risk Transfer (m / f / d)

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 Senior Claims Analyst (m / f / d) based in New York or Chicago

Your Team

The Alternative Risk Transfer (ART) line of business of Allianz Commercial creates innovative tailored structured insurance, captive reinsurance, and other non-traditional risk management solutions for a wide range of corporate and financial clients globally. We specialize in helping our customers mitigate their most complex risks with bespoke multi-year and multi-line agreements covering a broad range of risks, leveraging our expertise in alternative risk transfer and the global capabilities of the Allianz Group.

The Impact You Will Have

We are in search of a Senior Claims Analyst as part of our Global Claims Team within the Alternative Risk Transfer line of business. In this role, you will manage a diverse portfolio of international insurance and reinsurance claims, including both CAT and Non-CAT, as well as multi-line and multi-year deals. Your responsibilities will include investigation, negotiation, and resolution of claims, along with account administration, complex issue resolution, coordination of third-party services, and conducting thorough coverage evaluations. You will deliver high-quality service to both internal and external customers while maintaining strong relationships with brokers and clients. This role offers exciting opportunities for innovation and growth within Allianz Commercial.

Some of your specific responsibilities could include :

Familiarizing yourself with ART LoB (line of business) and managing the allocated claims portfolio(s).

Coordinating funding and cash calls, tracking claims, and updating ART LoB claims systems using Bordereau Excel schedules.

Maintaining effective communication with all stakeholders, in particular with reinsurers and Third-Party Administrators (TPAs), ensuring seamless operations and accurate reporting.

Maintaining accurate claims records in Allianz Commercial and ART LoB-specific systems, ensuring proper monitoring and reflection of claim data.

Managing the production of management information reports and proactively identifying loss trends.

Ensuring proper documentation, coverage evaluation, and reserving for claims, while coordinating with internal and external teams.

Coordinating settlements of medium to high-value claims, supporting cost-effective and service-oriented solutions.

Ensuring claims compliance within authority limits, referring cases appropriately, and assisting in audits and establishing procedures.

Building and maintaining relationships with brokers, clients, and stakeholders, and supporting marketing activities and business acquisition.

What You’ll Bring to the Role

Expert Knowledge in Products and Coverages : Deep understanding of relevant products, terms, wordings, and conditions across the LoB.

Claims Handling Expertise : In-depth knowledge of the claims process from notification through settlement and recovery.

Reserving and Reinsurance : Strong grasp of reserving principles, coinsurance, and reinsurance practices.

Legal and Regulatory Understanding : Knowledge of legal frameworks, litigation processes, and dispute management techniques.

Relationship Building with Brokers : Proven ability to build and maintain strong relationships with brokers at peer group level.

Communication and Presentation Skills : Clear, effective communication both written and verbal, with strong presentation capabilities.

Influencing and Negotiation : Skilled in negotiating, managing conflicts, and influencing decisions in complex situations.

A basic understanding of artificial intelligence (AI) and its potential applications in business;

Bachelors’ Degree desired.

The annualized base pay range for this role is $85,000 - $132,236. 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.

68470 | Customer Services & Claims | 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 center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks.Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianz Commercial helps customers to prepare for what's ahead.

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.

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Salary : $85,000 - $132,236