Product Development Expert - Construction Property - North America

Product Development Expert – Construction Property – North America

Join to apply for the Product Development Expert – Construction Property – North America role at Allianz Commercial.

We are looking for a Product Development Expert – Construction Property – North America, based in New York, Chicago, Alpharetta, Houston, or Toronto.

Your Team

The Chief Technical Office works with technical functions including Pricing, Product Management, Underwriting Integrity, Reinsurance, Portfolio and Accumulation Steering, Catastrophe Management, and Risk Consulting to ensure technical excellence across our North America region, aligned with the global approach.

The Impact You Will Have

Reporting to the Chief Technical Officer, North America, the Product Development Expert will support the execution of the Product Development strategy for the North American Construction Property practice, as led by the Managing Director, Technical Underwriter, NA, and supported by Hub Lead Construction, NA. The role will drive innovation and execution of refreshed or new product offerings and customized wording for specific accounts.

Collaboration with Underwriting, Claims, and Legal teams will create a market‑leading presence for product innovation in the Construction sector. Liaison with value‑added service providers will support selection of new offerings for Allianz Construction policyholders.

Some of your specific responsibilities could include:

• Developing, implementing, and modifying products, standard wordings, and coordinating product‑specific organizational matters of LoB with PCs, Regions, etc., ensuring global knowledge sharing on special products/enhancements and underwriting knowledge for LoB products.
• Supporting the Construction LoB internally and externally to customers, brokers, service providers, the industry, and other organizations.
• Proactively involving 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 and coordinating and steering regional/country issues (e.g., liability and insurance law development).

What You’ll Bring To

The Role

• Minimum 5 years of experience in Construction Property Underwriting.
• Minimum 5 years of product development experience.
• Previous experience designing, developing and implementing consistent, robust contract wordings.
• Comprehensive technical knowledge of Construction Property products, coverages, underwriting practices, pricing processes and sales distribution channels.
• Ability to assess risk exposures and hazards relevant to Construction, and analyze Construction trends and scenario plans.
• Ability to analyze current performance against benchmarks to ensure progress and satisfactory performance in product wordings.
• Experience working with international teams and remote colleagues.
• Ability to analyze complex contracts and underwriting principles, identifying and resolving issues before they transpire.
• Ability to develop framework for product genesis to completion while communicating with key stakeholders.
• Excellent verbal and written communication skills across the organization.
• Ability to utilize AI tools to support day‑to‑day tasks, improve efficiency and contribute to data‑driven decision making.
• 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.

The annualized base pay range for this role is $160,000 to $210,000. We also offer a target bonus of 20%. The actual salary may vary based on scope, complexity, location, skills, education, training, credentials and experience.

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 and flexible working arrangements.

Let’s care for your financial wellbeing

A great compensation and benefits package (details vary by location) includes a generous bonus…