Senior Property Product Manager | NSW - Sydney

Job reference number: ALL/1582737

At Allianz, we care for all the things that make you, you. For feeling like you belong. For a place where learning never stops. For growing new skills and opening up exciting possibilities. For your curiosity to thrive and help transform an industry. And when life twists, there's flex for balance and the support you need. So come and share your ideas, give back and feel proud to be part of a company doing work that matters across climate change and mental health. Let's care for everyone's tomorrow so we can create a better future together.

Senior Property Manager – Technical Division | Location is flexible  

  • Utilise your extensive ISR product/ underwriting experience to help shape strategy
  • Join a newly expanded Commercial Lines Product team
  • Flexible working & remote working options are available

What if you could turn your job into a career with purpose?

This role sits within our Technical Division which is responsible for pricing, portfolio management, reinsurance and underwriting services. We support the distribution functions through the improvement of the product and pricing framework for all of the Allianz General Insurance portfolios.

The Senior Property Manager will report to the Head of Property and will be asked to lead the entire lifecycle of high-value product/product lines or portfolios, from inception/design, risk appetite, business planning, distribution and delivery to financial results achieved, including governance and performance measurement.

You'll be expected to:

  • Lead the development and implementation of Product Strategy, incorporating insights from market, competitor and customer research, and alignment with the Distribution Strategy and the Customer Value Proposition. 
  • Drive regular monitoring of market and competitor activities, developing insights to support product strategy, obtaining customer research and feedback to ensure that products deliver sustainable customer-centric outcomes.
  • Lead the development and implementation of new products or changes to products as informed by analysis, market and customer research.  
  • Lead the annual review of policy wordings, including technical design and intent of policy coverage and the annual review of policy documentation, ensuring compliance with relevant regulatory/ compliance requirements.
  • Lead the development and implementation of product governance and risk frameworks, including completion of regular product reviews, submission to Product Council and regular reporting of product risk metrics.
  • Drive oversight of the end-to-end product lifecycle, including the roll-out of products across the enterprise and supervision of distribution obligations.
  • Define the risk appetite for the product and portfolio in line with the enterprise risk appetite statement, and ensure adherence to the risk appetite. 
  • Monitor trends and growth opportunities within the product or portfolio, including the identification of underperforming segments, driving remedial actions to address any performance issues. 
  • Liaise with the pricing team to determine pricing strategies.  

Important to your success:

  • Tertiary qualifications in a relevant discipline supported by relevant insurance industry qualifications.
  • Extensive ISR product or portfolio leadership and/or underwriting experience for a general insurance organisation.
  • Demonstrated experience in the development and implementation of underwriting guidelines, underwriting licences, internal control and governance policies and frameworks.
  • Demonstrated in-depth understanding of strategy development and working with multiple teams to align strategy with organisational vision and in translating vision to action, to achieve desired results.
  • Comprehensive knowledge and understanding of governance requirements and frameworks as well as portfolio sensitive legislation and regulations.
  • Proven analytical and critical thinking abilities to facilitate the evaluation of complex and detailed data in the development and management of a range of insurance products.
  • Excellent verbal and written communication skills, capable of communicating with audiences at all levels with clarity, impact and influence.

Whilst this role would ideally be performed out of the Sydney Head Office, there is scope for the right person to operate out of another location.

About us

Allianz 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.

Allianz is committed to enabling a culture where inclusion is embedded, everyone belongs and new ideas are embraced. We welcome and value talent from all backgrounds, experiences and ways of working Please advise us if you require any reasonable adjustments to fully participate in the recruitment process or perform the requirements of the role.

Let's care for tomorrow. For a career with plenty of room to grow. Care to join us?


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